Notice General Meeting of Shareholders – SQUARE CUBE PROPERTIES AD (SQC)
Issuer: Square Cube Properties AD-Sofia (SQC)
Aval In AD received information that Square Cube Properties AD-Sofia (SQC) convenes a regular GMS on 17.06.2021 at 10.30 am in Sofia, 13 Graf Ignatiev Str., Ent. B, ap. 13, with the following agenda:
– Reports of the management bodies on the activity of the company in 2020 (individual and consolidated);
– Acceptance of the annual financial statements of the company for 2020 (individual and consolidated);
– Reports of the registered auditor for 2020;
– Report of the Investor Relations Director for 2020;
– Releasing the members of the management bodies from responsibility for their activities in 2020;
– Election of a registered auditor for 2021;
– Election of the Audit Committee;
– Changes in the management bodies of the company. Proposal for decision: GMS dismisses Todor Dabkov, Petar Skakalov and Miliyo Milev as members of the Board of Directors of the company. Ventsislav Angel Davidoff, Petar Petrov and Todor Todorov are elected as new members for a term of 5 years, and all three are elected as independent members within the meaning of Art. 116a, para. 2 LPOS;
– Determining the remuneration of members of the board of directors;
– Change of the address of management of the Company. Proposal for decision: GMS changes the address of management of the Company to: Sofia, 73 Todor Alexandrov Blvd., 1st floor;
– Changes in the Articles of Association of the company;
– Decision for distribution of financial result. Draft decision: The company has realized a loss for the financial year 2020, which loss will remain uncovered;
– Adopt a remuneration policy for members of management bodies.
– In the absence of a quorum, the meeting will be held on 05.07.2021 at 10.30 am 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 03.06.2021.
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 June 1, 2021.
The full text of the invitation for the GMS of the company can be found on the website of the BSE
The full text of the news can be found published on the financial website X3News