Business
Changes to the Agenda and Draft Resolutions of the Annual General Meeting of AS Ekspress Grupp on 23 May 2025
On 29 April 2025, AS Ekspress Grupp published a notice convening the Annual General Meeting. Due to the resignation of the Chairman of the Supervisory Board, the agenda for the General Meeting scheduled for 23 May 2025 have been amended. On 12 May 2025, shareholders Hans Luik and OÜ HHL Rühm submitted additional draft resolutions pursuant to Section 2931 (4) of the Estonian Commercial Code regarding agenda items 3 (election of a member of the Supervisory Board), 4 (remuneration of the members of
About this update from Ekspress Grupp As
[{"type":"image","alt":"Ekspress Grupp","displaySize":"","headline":null,"caption":"Ekspress Grupp","className":"","disableSlideshowImg":false,"size":{"original":{"width":300,"height":75,"url":"https://media.zenfs.com/en/globenewswire.com/64d79e632e25c4e0b205acb17deb9a9d"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/toXNSBDd67Ia7cYHa9nPhw--/YXBwaWQ9aGlnaGxhbmRlcjt3PTQyMDtoPTEwNTtjZj13ZWJw/https://media.zenfs.com/en/globenewswire.com/64d79e632e25c4e0b205acb17deb9a9d","width":300,"height":75}},"lazy":false},{"type":"text","content":"On 29 April 2025, AS Ekspress Grupp published a notice convening the Annual General Meeting. Due to the resignation of the Chairman of the Supervisory Board, the agenda for the General Meeting scheduled for 23 May 2025 have been amended. On 12 May 2025, shareholders Hans Luik and OÜ HHL Rühm submitted additional draft resolutions pursuant to Section 2931 (4) of the Estonian Commercial Code regarding agenda items 3 (election of a member of the Supervisory Board), 4 (remuneration of the members of the Supervisory Board) and 5 (recall of a member of the Supervisory Board) of the Annual General Meeting to be held on 23 May 2023.","length":632,"tagName":"p"},{"type":"text","content":"Based on the above, the Annual General Meeting of AS Ekspress Grupp will take place on 23 May 2025 with the following agenda and draft resolutions.","length":147,"tagName":"p"},{"type":"text","content":"1. Approval of the 2024 annual report of AS Ekspress Grupp","length":58,"tagName":"p"},{"type":"text","content":"To approve the 2024 annual report of AS Ekspress Grupp for the financial year from 1 January 2024 to 31 December 2024.","length":118,"tagName":"p"},{"type":"text","content":"2. Approval of the proposal for the distribution of profits","length":64,"tagName":"p"},{"type":"text","content":"To approve the profit distribution proposal for 2024. To distribute EUR 3.25 million as follows:","length":96,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"to pay dividends 6 (six) euro cents per share in total amount of EUR 1.86 million;","length":82,"tagName":"p"}]},{"val":[{"type":"text","content":"to increase statutory reserve by EUR 0.13 million;","length":50,"tagName":"p"}]},{"val":[{"type":"text","content":"the remaining EUR 1.26 million to be allocated to retained earnings.","length":68,"tagName":"p"}]}],"tagName":...