Business
Notice of AGM
Notice of AGM.
About this update from Faron Pharmaceuticals Oy
[{"type":"text","content":"\n \nRNS Number : 1197Y Faron Pharmaceuticals Oy 07 May 2019 \n\nNOTICE OF faron pharmaceuticals LTD's ANNUAL GENERAL MEETING\nShareholders of Faron Pharmaceuticals Ltd (the \"Company\") are invited to attend the Annual General Meeting to be held on 28 May 2019 at 10.00 a.m. (Finnish time) at the BioCity building, Mauno Conference Center, address Tykistökatu 6, 20520 Turku, Finland. The registration of attendees and the distribution of voting slips will commence at the meeting venue at 9.00 a.m. (Finnish time).\nThe Company's Annual Report 2018 is available to view and download on the \"Results\" section of the Company's website at https://www.faron.com/investors/results.\n \nA. MATTERS ON THE AGENDA OF THE ANNUAL GENERAL MEETING\n \n1. Opening of the meeting\n \n2. Calling the meeting to order\n \n3. Election of persons to scrutinise the minutes and to supervise the counting of votes\n \n4. Recording the legality of the meeting\n \n5. Recording the attendance at the meeting and adoption of the list of votes\n \n6. Presentation of the financial statements, the Report of the Board of Directors and the Auditor's Report for 2018\nReview by the CEO; measures to remedy equity shortfall\n7. Adoption of the financial statements\n \n8. Resolution on the use of the profit shown on the balance sheet and the payment of dividend\nThe Board of Directors proposes that no dividend for the financial year 2018 will be paid and that the losses of the Company for the financial year, amounting to EUR 20,075,949.50 (IFRS), will be carried forward to the reserve for invested unrestricted equity.\n9. Resolution on the discharge of the members of the Board of Directors and the CEO of the Company from liability\n \n10. Resolution on the remuneration of the members of the Board of Directors\nThe Board of Directors proposes, on the basis of the proposal of the Remuneration Committee, that an annual remuneration of EUR 35,000 will be paid to the Board members, in addition to which an annual remuneration of EUR 35,000 will be paid to the Chairman of the Board of Directors. In addition, a further annual remuneration of EUR 11,000 will be paid to the Chairman of the Audit Committee, a further annu...