print version 

Find company
Home About the ProjectContact usFor the Clients
Enter code or ISIN
 
alpha / industry search

Issuers' Corner
Press Releases
Annual Reports Library

Financial Statements
SEC & FFMS Filings
Corporate Presentations
GM Materials
Issues Documents
Corporate Governance Materials
Russian Company Guide
Company Profiles
Corporate Calendar
Markets Corner
Consensus Estimates
Media Corner
News Line


Get updates



Home  Issuers' Corner  Press Releases REGISTER LOG IN

Press Releases

company search
all press releases
all T Plus press releases

T Plus

March 12, 2008

MINUTES ?2008-2? of Volga TGC Extraordinary Shareholders Meeting

Company name and location: Open Joint-Stock Company Volga Territorial Generation Com-pany (Russia, Samara, Mayakovskogo str. 15)
Type of the general meeting extraordinary
Meeting format Absentee ballot
Last date of voting papers reception: March 5, 2008
Mailing addresses for send-ing completed ballots related to the items on the agenda:
  • 443100, Samara, Mayakovskogo str., 15, Volga TGC ;
  • 105082, Moscow, Bolshaya Pochtovaya str., 34, bld.8 – CDM;
  • 443080, Samara, 4th proyezd 57, liters ?, ?1, office 508 – CDM Samara Branch;
  • 410005, Saratov, Sadovaya str., bld.60/62a – CMD Saratov Branch.
Date of persons entitled to participate in general share-holders’ meeting listing January 30, 2008

Chairman of the meeting – Volga TGC Chairman of the Board – Avetisjan Vladimir Evgenievich.

Secretary of the meeting – Volga TGC Corporate Management Department Head Stitzuk Yury Vyacheslavovich.

Functions of the tabulation commission are fulfilled by the registrar of the Company – OJSC «Central Moscow Depositary» (Moscow, Orlikov pereulok, 3, bld.?), registrar’s authorized person – Mrs. Asmolova Marina Alexandrovna.

Agenda of the meeting:

  • Approval of the Agreement between the Company and “IES-Holding” LLC that is a related party transaction.
  • Approval of the Agreement between the Company and Integrated Energy Systems Limited, that is a related party transaction.
  • Approval of the Agreement between the Company and Primagate Trading Limited, that is a related party transaction.
  • Approval of the Agreement between the Company and Berezville Investments Lim-ited, that is a related party transaction.

ITEM ?1: Approval of the Agreement between the Company and “IES-Holding” LLC that is a related party transaction.

Voting results for Item ?1

Quantity of votes of the persons who were included in the list of persons enti-tled to participate in the General Shareholders’ Meeting, not interested in the transaction settlement by the Company 26 095 197 391
Quantity of votes of the persons – owners of distributed shares, entitled to vote at the meeting, not interested in the transaction settlement by the Com-pany 26 116 076 165
Quantity of votes of the persons who participated in the General Sharehold-ers’ Meeting concerning this item on the agenda, not interested in the trans-action settlement by the Company 20 362 052 287
Quorum on this item 77,9675%
Voting results: Number of votes % of all entitled to vote
«FOR» 20 356 188 806 77,9451
«AGAINST» 1 578 490 0,0060
«ABSTAINED» 2 559 246 0,0098
Number of votes in void voting papers 1 725 745

DECISION OF THE MEETING:

To approve the Volga TGC additional shares purchase agreement which is a related party transaction on the following essential conditions: Parties of transaction:

The Seller – Open Joint-Stock Company “Volga Territorial Generation Company” (Location: 443100, RF, Samara, Mayakovskogo str., 15);

The Buyer –Limited Liability Company «IES-Holding», registered in the Interdistrict Inspec-torate No. 46 of the RF Ministry for Taxes and Levies for Moscow; registration date: 07.09.2004, registration number:

1329641047796664717, location: 117452, Moscow, Balaklavsky prospect, 28?, bld. ?.

Subject of transaction: purchase of Volga TGC ordinary registered shares distributed by way of public offering in the quantity of maximum 3 859 000 000 (three billion eight hundred and fifty nine million) shares by «IES-Holding» LLC.

Transaction price: Purchase price of one ordinary registered share shall be equal to the offering price of one additional share which is determined by the Company’s Board of Directors in compli-ance with Article 77 of the Federal Law “On Joint-Stock Companies”.

The total value of the purchased shares shall be calculated by multiplication of purchased shares quantity by the offering price of one additional share.

ITEM ?2: Approval of the Agreement between the Company and Integrated Energy Sys-tems Limited, that is a related party transaction

Quantity of votes of the persons who were included in the list of persons enti-tled to participate in the General Shareholders’ Meeting, not interested in the transaction settlement by the Company 26 095 197 391
Quantity of votes of the persons – owners of distributed shares, entitled to vote at the meeting, not interested in the transaction settlement by the Com-pany 26 116 076 165
Quantity of votes of the persons who participated in the General Sharehold-ers’ Meeting concerning this item on the agenda, not interested in the trans-action settlement by the Company 20 362 052 287
Quorum on this item 77,9675%
Voting results: Number of votes % of all entitled to vote
«FOR» 20 356 188 806 77,9451
«AGAINST» 1 578 490 0,0060
«ABSTAINED» 2 559 246 0,0098
Number of votes in void voting papers 1 725 745

DECISION OF THE MEETING:

To approve the Volga TGC additional shares purchase agreement which is a related party transaction on the following essential conditions:

Parties of transaction:

The Seller – Open Joint-Stock Company “Volga Territorial Generation Company” (Location: 443100, RF, Samara, Mayakovskogo str., 15);

The Buyer – Integrated Energy Systems Limited, registered in compliance with the legislation of the Cyprus Republic; registration date 11.09.2002, registration number 132852, location: Naousis, 1, KARAPATAKIS BUILDING, P.C. 6018, Larnaca, Cyprus.

Subject of transaction: purchase of Volga TGC ordinary registered shares distributed by way of public offering in the quantity of maximum 3 859 000 000 (three billion eight hundred and fifty nine million) shares by Integrated Energy Systems Limited.

LTransaction price: Purchase price of one ordinary registered share shall be equal to the offering price of one additional share which is determined by the Company’s Board of Directors in compli-ance with Article 77 of the Federal Law “On Joint-Stock Companies”.

The total value of the purchased shares shall be calculated by multiplication of purchased shares quantity by the offering price of one additional share.

ITEM ?3: Approval of the Agreement between the Company and Primagate Trading Lim-ited, that is a related party transaction

Voting results for Item ?3

Quantity of votes of the persons who were included in the list of persons enti-tled to participate in the General Shareholders’ Meeting, not interested in the transaction settlement by the Company 26 095 197 391
Quantity of votes of the persons – owners of distributed shares, entitled to vote at the meeting, not interested in the transaction settlement by the Com-pany 26 116 076 165
Quantity of votes of the persons who participated in the General Sharehold-ers’ Meeting concerning this item on the agenda, not interested in the trans-action settlement by the Company 20 362 052 287
Quorum on this item 77,9675%
Voting results: Number of votes % of all entitled to vote
«FOR» 20 356 188 806 77,9451
«AGAINST» 1 578 490 0,0060
«ABSTAINED» 2 559 246 0,0098
Number of votes in void voting papers 1 725 745

DECISION OF THE MEETING:

To approve the Volga TGC additional shares purchase agreement which is a related party transaction on the following essential conditions:

Parties of transaction:

The Seller – Open Joint-Stock Company “Volga Territorial Generation Company” (Location: 443100, RF, Samara, Mayakovskogo str., 15);

The Buyer – Primagate Trading Limited, registered in compliance with the legislation of the Cyprus Republic; registration date 23.11.2007, registration number ?? 213053, location: Naousis, 1, KARAPATAKIS BUILDING, P.C. 6018, Larnaca, Cyprus.

Subject of transaction: purchase of Volga TGC ordinary registered shares distributed by way of public offering in the quantity of maximum 3 859 000 000 (three billion eight hundred and fifty nine million) shares by Primagate Trading Limited.

Transaction price: Purchase price of one ordinary registered share shall be equal to the offering price of one additional share which is determined by the Company’s Board of Directors in compli-ance with Article 77 of the Federal Law “On Joint-Stock Companies”.

The total value of the purchased shares shall be calculated by multiplication of purchased shares quantity by the offering price of one additional share.

ITEM ?4: Approval of the Agreement between the Company and Berezville Investments Limited, that is a related party transaction

Voting results for Item ?4

Quantity of votes of the persons who were included in the list of persons enti-tled to participate in the General Shareholders’ Meeting, not interested in the transaction settlement by the Company 26 095 197 391
Quantity of votes of the persons – owners of distributed shares, entitled to vote at the meeting, not interested in the transaction settlement by the Com-pany 26 116 076 165
Quantity of votes of the persons who participated in the General Sharehold-ers’ Meeting concerning this item on the agenda, not interested in the trans-action settlement by the Company 20 362 052 287
Quorum on this item 77,9675%
Voting results: Number of votes % of all entitled to vote
«FOR» 20 356 188 806 77,9451
«AGAINST» 1 578 490 0,0060
«ABSTAINED» 2 559 246 0,0098
Number of votes in void voting papers 1 725 745

DECISION OF THE MEETING:

To approve the Volga TGC additional shares purchase agreement which is a related party transaction on the following essential conditions:

Parties of transaction:

The Seller – Open Joint-Stock Company “Volga Territorial Generation Company” (Location: 443100, RF, Samara, Mayakovskogo str., 15);

The Buyer – Berezville Investments Limited, registered in compliance with the legislation of the Cyprus Republic; registration date 03.03.2007, registration number ?? 193488, location: Naousis, 1, KARAPATAKIS BUILDING, P.C. 6018, Larnaca, Cyprus.

Subject of transaction: purchase of Volga TGC ordinary registered shares distributed by way of public offering in the quantity of maximum 3 859 000 000 (three billion eight hundred and fifty nine million) shares by Berezville Investments Limited.

Transaction price: Purchase price of one ordinary registered share shall be equal to the offering price of one additional share which is determined by the Company’s Board of Directors in compli-ance with Article 77 of the Federal Law “On Joint-Stock Companies”.

The total value of the purchased shares shall be calculated by multiplication of purchased shares quantity by the offering price of one additional share.

Appendices:


1. Tabulation commission protocol of the voting results (2 sheet).

Chairman of the meeting V.E. Avetisjan

Secretary of the meeting Y.V.Stitzuk

 

 

 

Search by industry

Agriculture, Foresty and Fishing | Chemicals | Engineering | Ferrous Metals | Financial, Insurance & Real Estate | Food & Kindred Products | General Construction | Information Technology | Media & Publishing | Non-Ferrous Metals | Oil & Gas | Pharmaceuticals | Power Industry | Precious Metals and Diamonds | Telecommunications | Transportation | Wholesale & Retail Trade

Search by alpha index

A B C D F G H I K L M N O P R S T U V W X Z


Site Map
© RUSTOCKS.com
Privacy Statement | Disclaimer