The Management Board of AS LHV Group (hereinafter the "Group") hereby calls the
general meeting of the shareholders, to be held at 13:00 on 13 March 2019
(Tallinn time) at Hilton Tallinn Park Hotel, "Las Vegas" conference hall (Fr. R.
Kreutzwaldi 23, Tallinn, second floor).
Registration of participants will start at the venue of the meeting at 12:00.
Registration will end at 12:50. We kindly ask all shareholders and
representatives to arrive in a timely manner, taking into account the time
required for registration.
The list of shareholders entitled to participate at the general meeting will be
established 7 (seven) days before the general meeting, i.e. as at 6 March 2019
COB of the Nasdaq CSD settlement system.
For registration, we kindly ask participants to submit the following documents:
1. shareholders who are natural persons are required to submit their identity
document; representatives must also submit a valid written authorisation
document;
2. legal representatives of shareholders who are legal persons are required to
submit their identity document; authorised representatives must also submit
a valid written authorisation document; If the legal person has not been
registered in the Estonian commercial register, we kindly request submission
of a valid extract of the register in which the legal person has been
registered and under which the representative is authorised to represent the
shareholder (legal authorisation). The extract must be prepared in English
or translated into English by a sworn translator or authority equivalent to
a sworn translator, be verified by a notary, and bear the Apostille.
A shareholder must inform the Group of the appointment of a representative or
withdrawal of the authorisation prior to the general meeting, by sending the
corresponding digitally signed notice to the general meeting's e-mail address
lhv@lhv.ee (mailto:lhv@lhv.ee) or by delivering the notice in a format which can
be reproduced in writing to the Group's location at Tartu mnt 2, Tallinn 10145,
first floor, on working days between 09:00 and 19:00. Should a shareholder wish
to inform the Group of the appointment of a representative or withdrawal of the
authorisation granted to a representative prior to the general meeting, the
corresponding notice must have been delivered to and received by the Group at
the latest by 23:59 on 11 March 2019. Rain Lõhmus, Chairman of the Supervisory
Board of the Group, may be appointed as the authorised representative, if the
shareholder so desires.
The authorisation document form is available for the shareholder on the Group's
website at investor.lhv.ee (https://investor.lhv.ee/en/).
Pursuant to the resolution adopted by the Group's Supervisory Board on
13 February 2019, the general meeting will have the following agenda, with the
proposals of the Management Board and the Supervisory Board specified under the
agenda items and with the Supervisory Board proposing to vote for all draft
resolutions specified under the agenda items:
1. Approval of the Annual Report 2018
To approve the Annual Report 2018 of the Group, as presented to the general
meeting.
1. Profit allocation for 2018
The profit attributable to the Group as the parent company of the consolidation
group in the financial year 2018 amounts to EUR 25,237 thousand. To transfer EUR
1,262 thousand to the legal reserve. To approve the profit allocation proposal
made by the Management Board and pay dividends in the net amount of 21 euro
cents per share. The list of shareholders entitled to receive dividends will be
established as at 27 March 2019 COB of the settlement system. Consequently, the
day of change of the rights related to the shares (ex-dividend date) is set to
26 March 2019. From this day onwards, the person acquiring the shares will not
have the right to receive dividends for the financial year 2018. Dividends shall
be disbursed to the shareholders on 28 March 2019.
1. Overview of the economic results for the first two months of 2019
An overview provided by the Management Board to the shareholders on the economic
results for the first two months of 2019.
1. Overview of the business environment and the five-year financial forecast
An overview provided by the Management Board on the business environment and the
Group's five-year financial forecast.
1. Appointment of the auditor for the financial years 2020-2022
To appoint KPMG Baltics OÜ (registry code 10096082) as the auditor for the
financial years 2020-2022, to establish the procedure for remuneration of the
auditor in accordance with the contract to be entered into with the auditor and
to authorize the Management Board to conclude the relevant contract.
1. Remuneration of the members of the Supervisory Board
To establish a remuneration for the members of the Supervisory Board in the
amount of 1,500 EUR per each meeting of the Supervisory Board where the member
participates.
Votes shall be cast by open ballot. All documents related to the annual general
meeting of the Group (including the notice on calling the general meeting, the
draft resolutions, the Group's Annual Report 2018, report on the activities of
the Supervisory Board in 2018 and assessment of the Annual Report, and other
documents to be submitted to the general meeting) will be made available to the
shareholders on the Group's website investor.lhv.ee
(https://investor.lhv.ee/en/)and at the Group's location at Tartu mnt 2, Tallinn
10145, first floor, during working days from 09:00 to 19:00 until (including)
the day of the general meeting.
All shareholders shall have the right to receive from the Management Board
information on the Group's activities at the general meeting. The Management
Board may refuse to give information, if there is reason to presume that this
may cause significant damage to the interests of the Group or the companies
incorporated in the Group. Where the Management Board refuses to give
information, a shareholder may demand that the legality of the shareholder's
demand be decided by the general meeting or submit, within 2 (two) weeks after
the refusal, a petition to a court in a proceeding on petition in order to
obligate the Management Board to give information.
Any questions regarding the agenda items of the general meeting should be
addressed to the Group's e-mail address lhv@lhv.ee (mailto:lhv@lhv.ee) until
23:59 on 11 March 2019.
Shareholders, whose shares represent at least 1/20 (one-twentieth) of the share
capital of the Group, may demand the inclusion of additional items on the agenda
of the annual general meeting, if the corresponding request is filed in writing
at least 15 (fifteen) days prior to the general meeting, i.e. at the latest by
23:59 on 26 February 2019, at the e-mail address: lhv@lhv.ee (mailto:lhv@lhv.ee)
or to the Group's location at Tartu mnt 2, Tallinn 10145.
Shareholders, whose shares represent at least 1/20 (one-twentieth) of the share
capital of the Group, may submit to the Group in writing a draft resolution on
each agenda item, by posting the draft to the e-mail address lhv@lhv.ee
(mailto:lhv@lhv.ee) or to the Group's location at Tartu mnt 2, Tallinn 10145.
The draft must be submitted in electronic form or by e-mail so that it would be
delivered to and received by the Group no later than 3 (three) days before the
general meeting, preferably by 23:59 on 11 March 2019 at the latest.
Yours sincerely
Madis Toomsalu
Member of the Management Board of AS LHV Group
Announcement sent by:
Priit Rum
Communication Manager
Phone: +372 502 0786
Email: priit.rum@lhv.ee
|