Globaltrans announces results of its Annual General Meeting of shareholders
28.04.2015
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 27 April 2015 under the chairmanship of Mr. Michael Zampelas, Chairman of the Board of Directors of the Company and an Independent Non-Executive Director.
The AGM was held at 4 Profiti Ilia Street, 4046 Germasogeias, Limassol, Cyprus and had a quorum of 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 2014 were approved;
- The members approved the Board recommendation not to distribute a dividend in respect of the financial year ended 31 December 2014;
- PricewaterhouseCoopers Limited was re-appointed as auditor 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 auditor;
- The following 15 Directors were appointed to the Board: J. Carroll Colley, Johann Franz Durrer, Alexander Eliseev, Andrey Gomon, Michael Thomaides, Sergey Maltsev, Elia Nicolaou, George Papaioannou, Melina Pyrgou, Konstantin Shirokov, Alexander Storozhev, Alexander Tarasov, Marios Tofaros, Sergey Tolmachev, and Michael Zampelas. Directors were appointed for one year until the conclusion of the Company’s next AGM, which will take place in 2016.
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
+357 25 328 860
irteam@globaltrans.com
For international media
StockWell Communications
Laura Gilbert/ Zoë Watt
+ 44 20 7240 2486
globaltrans@stockwellgroup.com
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 500 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.
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.