Notice General Meeting of Shareholders – Elhim AD-Pazardzhik (ELHM)
Issuer: Elhim Iskra AD-Pazardzhik (ELHM)
Aval In AD received information that Elhim Iskra AD-Pazardzhik (ELHM) convenes a regular GMS on 12.05.2021 from 11.00 am in the town of Pazardzhik, 9 Iskra Street, with the following agenda:
– Report of the management bodies on the activity of the company in 2020;
– Acceptance of the annual financial report of the company for 2020;
– Report of the registered auditor for 2020;
– Report of the Audit Committee for 2020;
– Report of the Investor Relations Director for 2020;
– Adoption of a report on the implementation of the Remuneration Policy of the members of the management bodies;
– Exemption of the members of the management bodies from responsibility for their activity in 2020;
– Election of a registered auditor for 2021;
– Decision for distribution of financial result of the company for 2020, including retained earnings from previous years. Proposal for a decision:
1. Does not distribute profit for 2020.
2. An amount of BGN 545,000 of the accumulated retained earnings for previous years to be transferred to the Reserve Fund.
3. The loss realized in 2020 in the amount of BGN 312,194.21 to be covered with funds from retained earnings for previous years.
– Adopt a policy on the remuneration of members of management bodies. Draft decision:
1. The GMS is revoked as of 01.06.2021. The remuneration policy, adopted by the GMS on 05.06.2014, amended and supplemented by the GMS on 13.05.2020.
2. The GMS adopts the Remuneration Policy, which enters into force on 01.06.2021.
– In the absence of a quorum, the meeting will be held on 26.05.2021 at the same place and with the same agenda.
The right to vote in the GMS is exercised by the persons registered as such with the right to vote in the central register of securities 14 days before the date of the GMS, or as of April 28, 2021.
The last date for concluding transactions with shares of this company on the Exchange, as a result of which the acquirer will be able to exercise voting rights in the GMS, is April 26, 2021.
The full text of the invitation for the GMS of the company can be found on the website of the Exchange
The full text of the news can be found published on the financial website X3News
