Market announcement

AS Silvano Fashion Group

LEI code

529900JNG41RRJKJYB65

Size of the entity

Large group

Economic activities

Financial and Insurance Activities

Country of registered office

Estonia

General information

Categories

Other price sensitive information

Unique data record identifier

3624

Submission date and time

05.04.2012 15:51:33

Content of announcement in Estonian

Title

Nõukogu liikme tagasiastumise avaldus

Message

Tallinn, 2012-04-05 14:51 CEST (GLOBE NEWSWIRE) --
AS Silvano Fashion Group (registrikood: 10175491, edaspidi SFG) teatab, et SFG
nõukogu liige ja esimees Otto Tamme esitas täna, 05. aprillil 2012. a, SFG-le
avalduse nõukogu liikme ja esimehe kohalt tagasiastumiseks, mis jõustub
koheselt. Otto Tamme palus teha esitatud avalduse teatavaks SFG järgmisele
aktsionäride üldkoosolekule. 

Otto Tamme põhjendas tagasiastumisavaldust järgnevalt: „Vajadus astuda tagasi
SFG nõukogu liikme ja esimehe kohalt tuleneb asjaolust, et mind valiti 28.
märtsil 2012. a uuesti SFG Valgevenes registreeritud tütarühingu SP ZAO
Milavitsa (registrikood: 100055049) nõukogu liikmeks ning esimeheks. Kuivõrd
SFG tütarühingus SP ZAO Milavitsa on ette näha töömahu olulist kasvu eelkõige
juhtkonna tasandil, ei ole mul kahjuks võimalik samal ajal vajalikul määral
keskenduda ka SFG nõukogu liikme ning esimehe kohustuste täitmisele.“ 

SFG tänab Otto Tammet kui nõukogu liiget ja esimeest SFG arengusse antud panuse
eest. 



Märt Meerits

juhatuse liige

Silvano Fashion Group

Tel +372 6845 000

E-mail: [email protected]

Content of announcement in English

Title

Resignation Application from a Member of the Supervisory Board

Message

Tallinn, 2012-04-05 14:51 CEST (GLOBE NEWSWIRE) --
AS Silvano Fashion Group (registry code: 10175491, hereinafter SFG) hereby
informs that today, on 05 April 2012, a member and the Chairman of the
Supervisory Board of SFG Mr Otto Tamme presented to SFG an application for his
resignation from the position of SFG Supervisory Board member and the Chairman
of SFG Supervisory Board, effective as of immediately. Mr Otto Tamme requested
that his application would be provided to the next General Meeting of SFG. 

Mr Otto Tamme reasoned his resignation application subsequently: „Necessity for
resignation from the position of a member and the Chairman of Supervisory Board
of SFG originates from the fact that I were re-elected as a member and the
Chairman of the Supervisory Board of Milavitsa JSC (registry code: 100055049)
that is a subsidiary of SFG. Since it can be foreseen that the workload of the
management of SFG’s subsidiary Milavitsa JSC will increase significantly,
unfortunately I cannot concentrate at the same time enough on fulfilling the
obligations of a member and the Chairman of the Supervisory Board of SFG.” 

SFG is grateful for the contribution that Mr Otto Tamme, as a member and the
Chairman of the Supervisory Board of SFG, has made to the development of SFG. 



Märt Meerits

Member of board

Silvano Fashion Group

Tel +372 6845 000
E-mail: [email protected]