AS KALEV

ANNOUNCEMENT

24.08.1999

 

EXTRAORDINARY GENERAL MEETING OF SHAREHOLDERS ADJOURNED

 

Pursuant to §6.1. of the Articles of Association of AS Kalev, the 

extraordinary general meeting of shareholders shall be convened in 

accordance with the Commercial Code. According to §6.2. of the 

Articles of Association, the shareholders must be notified of the 

general meeting at least three weeks in advance; the type of 

shareholders’ general meeting (annual/extraordinary), however, is 

not 

specified.

 

When convening the extraordinary general meeting of shareholders, 

the 

Management Board acted upon §6.1. of the Articles of Association, 

informing the shareholders of the extraordinary general meeting 7 

days in advance.

 

According to the notary’s opinion, three-week advance notice must 

be 

given when convening the extraordinary general meeting of 

shareholders. Therefore, the extraordinary general meeting of 

shareholders was adjourned.

 

 

Tiina Altmets

Information Manager

+372 65 08 711