Market announcement

Arco Vara AS

LEI code

097900BHCB0000066171

Size of the entity

Small group

Economic activities

Professional, Scientific and Technical Activities

Country of registered office

Estonia

General information

Categories

Results of General Meeting

Unique data record identifier

4116

Submission date and time

01.07.2013 14:35:02

Content of announcement in Estonian

Title

Arco Vara AS-i korralise üldkoosoleku otsused

Message

01.07.2013 toimunud Arco Vara AS-i aktsionäride korraline üldkoosolek võttis
vastu järgmised otsused: 

1. Kinnitada Arco Vara AS-i 2012. aasta majandusaasta aruanne.

2. Suunata 31.12.2012 lõppenud majandusaasta puhaskahjum summas 18 034 755
eurot eelmiste perioodide jaotamata kasumisse. 

3. Suurendada Arco Vara AS-i aktsiakapitali tingimuslikult, lastes välja ühe
vahetusvõlakirja nimiväärtusega 1 000 eurot vastavalt käesolevale otsusele
lisatud vahetusvõlakirja tingimustele. Vahetusvõlakiri annab selle omanikule
õiguse alates 1. jaanuarist 2016 kuni 31. detsembrini 2016 märkida kuni 390 000
Arco Vara AS-i aktsiat hinnaga 0,7 eurot aktsia. Arco Vara AS-i juhatus võib
aktsiate märkimisel aktsiakapitali suurendada 273 000 euro ulatuses, s.t. 390
000 aktsia võrra. Aktsiakapitali uueks suuruseks võib olla kuni 3 592 194,90
eurot. Olemasolevad Arco Vara AS-i aktsionärid loobuvad vahetusvõlakirja
märkimise eesõigusest ja selle vahetamise tulemusena välja lastavate aktsiate
märkimise eesõigusest. 

4. Maksta nõukogu liikmetele tasu osaletud koosoleku kohta 500 eurot
(netosumma), kuid mitte rohkem kui 1 000 eurot (netosumma) kalendrikuus. Tasu
väljamaksmine panna sõltuvusse nõukogu koosolekute protokollide
allkirjastamisest. Mitte hüvitada nõukogu liikmete reisi- ja elamiskulusid. 

5. Valida üheks aastaks (kuni järgmise aktsionäride korralise koosolekuni) üks
audiitor ja nimetada selleks AS PricewaterhouseCoopers. Maksta audiitorile tasu
aktsiaseltsi 2013. a majandusaasta majandustegevuse auditeerimise eest
vastavalt aktsiaseltsi ja AS PricewaterhouseCoopers vahel sõlmitavale
lepingule. 


Egert Paulberg
Finantskontroller
Arco Vara AS
Tel: +372 614 4503
[email protected]
http://www.arcorealestate.com

Content of announcement in English

Title

Decisions of annual general meeting of shareholders Arco Vara AS

Message

The following decisions were passed at the annual general meeting of
shareholders of Arco Vara AS on 1 July 2013: 

1. To approve the year 2012 annual report of Arco Vara AS.

2. To cover the net loss for the year ended on 31 December, 2012 of 18,034,755
euros to retained earnings. 

3. To increase the share capital of Arco Vara AS conditionally by issuing one
convertible bond with the nominal value of 1,000 euros in accordance with the
attached conditions of the convertible bond. The convertible bond will give its
owner the right to subscribe up to 390,000 shares of Arco Vara AS for 0.7 euro
per share starting from 1 January 2016 until 31 December 2016. In case of
subscription the Management Board of Arco Vara may increase the share capital
up to 273,000 euros, i.e by 390,000 shares. The maximum size of the new share
capital may be 3,592,194.90 euros. The existing shareholders will give up the
right of privileged subscription of the convertible bond as well as the right
of privileged subscription of the shares issued after the exchange of the
convertible bond. 

4. To pay the members of the Supervisory Board 500 euros (net amount) for every
participated meeting but not more that 1,000 euros (net amount) per month. To
make the payment of the reward dependent on the signing of the minutes of the
meetings of the Supervisory Board. Not to compensate the travel and living
expenses of the members of the Supervisory Board. 

5. To appoint an auditor for one year (until the next annual general meeting of
shareholders) and appoint AS PricewaterhouseCoopers such auditor. To pay the
auditor for auditing the 2013 annual report according to an agreement to be
signed between Arco Vara AS and AS PricewaterhouseCoopers. 


Egert Paulberg
Financial Controller
Arco Vara AS
Tel: +372 614 4503
[email protected]
http://www.arcorealestate.com