Globaltrans announces results of its Annual General Meeting of shareholders
19.04.2013
Globaltrans Investment PLC (together with its consolidated subsidiaries the “Company”, “Globaltrans” or the “Group”, LSE ticker: GLTR) today announces that the Company held its Annual General Meeting of shareholders (“AGM”) on 19 April 2013 under the chairmanship of Mr. Michael Zampelas, Chairman of the Board of Directors of the Company and an Independent Director.
The AGM was held at the offices of the Company at City House, 6 Karaiskakis Street, Limassol, Cyprus and had a quorum with 178,740,916 shares present, corresponding to 100% of the issued and outstanding shares.
The AGM passed the following noteworthy resolutions by a majority of members:
- The Consolidated and Parent company audited financial statements together with the reports of the directors and the auditors for the financial year ended 31 December 2012 were approved.
- The members approved the distribution by the Company of final dividends in respect of the financial year ended on 31 December 2012 in the amount of 70 US cents per ordinary share/GDR[1].
Dividends shall be paid by 10 May 2013. Holders of the GDRs will receive the dividends approximately 3 business days after the payment date. The GDRs were marked ex-dividend on 17 April 2013.
- PricewaterhouseCoopers Limited was re-appointed as auditors of the Company to hold office until the conclusion of the next general meeting at which the accounts are laid before the Company. The Board of Directors was authorised to determine the remuneration of the auditors.
- The number of directors of the Company was increased to 15 with the appointment of the following directors: Alexander Eliseev, Michael Zampelas, George Papaioannou, J. Carroll Colley, Johann Franz Durrer, Sergey Maltsev, Mikhail Loganov, Elia Nicolaou, Konstantin Shirokov, Andrey Gomon, Alexander Storozhev, Alexander Tarasov, Marios Tofaros, Sergey Tolmachev, Melina Pyrgou. Directors were appointed for one year until the conclusion of the Annual General Meeting of shareholders of the Company, which will take place in 2014.
The Minutes of the AGM are available for viewing at the registered office of the Company at Omirou 20, Agios Nikolaos, CY-3095 Limassol, Cyprus, and will shortly be available at the National Storage Mechanism of the UK Listing Authority, located at www.hemscott.com/nsm.do.
ENQUIRIES
Globaltrans Investor Relations
Mikhail Perestyuk / Daria Plotnikova
+357 25 328 860
irteam@globaltrans.com
For international media
Lightship Consulting
Laura Gilbert
+44 7799 413351
Laura.Gilbert@lightshipconsulting.co.uk
NOTES TO EDITORS
Globaltrans is a leading private freight rail transportation group with operations in Russia, the CIS and the Baltic countries. The Group’s main business is the provision of freight rail transportation services. Globaltrans provides services to more than 650 customers and its key customers include a number of large Russian industrial groups in the metals and mining and the oil products and oil sectors.
The Group has a total fleet of more than 65 thousand units of rolling stock with an average age of about seven years. Universal gondola cars and rail tank cars constitute the backbone of the Group’s fleet. More than 90% of the total fleet is owned by the Group. In 2012 the Group’s freight rail turnover (including engaged fleet) was 137.8 billion tonnes-km.
Globaltrans' global depositary receipts (ticker symbol: GLTR) have been listed on the Main Market of the London Stock Exchange since May 2008. Globaltrans was the first freight rail transportation group with operations in Russia to have an international listing.
To learn more about Globaltrans, please visit www.globaltrans.com.
LEGAL DISCLAIMER
Some of the information in this announcement may contain projections or other forward-looking statements regarding future events or the future financial performance of Globaltrans. You can identify forward-looking statements by terms such as 'expect', 'believe', 'anticipate', 'estimate', 'intend', 'will', 'could', 'may' or 'might', the negative of such terms or other similar expressions. Globaltrans wishes to caution you that these statements are only predictions and that actual events or results may differ materially. Globaltrans does not intend to update these statements to reflect events and circumstances occurring after the date hereof or to reflect the occurrence of unanticipated events. Many factors could cause the actual results to differ materially from those contained in projections or forward-looking statements of Globaltrans, including, among others, general economic conditions, the competitive environment, risks associated with operating in Russia, rapid technological and market change in the industries Globaltrans operates in, as well as many other risks specifically related to Globaltrans and its operations.
[1] Global Depositary Receipts of the Company each representing one ordinary share.