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
Announcement of General Meeting
Unique data record identifier
4492
Submission date and time
05.06.2014 22:00:00
Content of announcement in Estonian
Title
Aktsionäride korralise üldkoosoleku kokkukutsumise teade, päevakord ja ettepanekud
Message
Tallinn, 2014-06-05 21:00 CEST (GLOBE NEWSWIRE) --
AS Silvano Fashion Group, registrikood 10175491, asukoht Tulika 15/17, 10613
Tallinn, (edaspidi “SFG”) juhatus kutsub kokku aktsionäride korralise
üldkoosoleku 30. juunil 2014. a algusega kell 12:00, Radisson Blu Hotel Olümpia
konverentsisaalis “Epsilon”, aadressil Liivalaia 33, 10118 Tallinn.
Üldkoosolekust osavõtjate registreerimine algab kell 11:30.
I Päevakord
Aktsionäride korralise üldkoosoleku päevakord on järgmine:
1. AS-i Silvano Fashion Group 2013. a majandusaasta aruande kinnitamine;
2. AS-i Silvano Fashion Group 2013. a kasumi jaotamine;
3. AS-i Silvano Fashion Group audiitori nimetamine 2014. majandusaastaks ja
audiitori tasu määramine;
4. AS-i Silvano Fashion Group aktsiakapitali vähendamine;
5. AS-i Silvano Fashion Group oma aktsiate tagasiostuprogrammi tingimuste
kindlaksmääramine.
II Juhatuse ja nõukogu ettepanekud
SFG nõukogu kiitis heaks juhatuse poolt esitatud korralise üldkoosoleku
päevakorra.
SFG juhatus ja nõukogu teevad aktsionäridele seoses päevakorraga järgmised
ettepanekud:
1. AS-i Silvano Fashion Group 2013. majandusaasta aruande kinnitamine
Juhatuse ja nõukogu ettepanek:
1.1. Kinnitada AS-i Silvano Fashion Group 2013. a majandusaasta aruanne
2. AS-i Silvano Fashion Group 2013. a kasumi jaotamine
Juhatuse ja nõukogu ettepanek:
2.1. Kinnitada AS-i Silvano Fashion Group 2013. a majandusaasta puhaskasumiks
10 946 000 eurot;
2.2. Mitte eraldada AS-i Silvano Fashion Group 2013. a majandusaasta
puhaskasumist vahendeid AS-i Silvano Fashion Group reservkapitali. Pärast
aktsiakapitali vähendamist vastab AS-i Silvano Fashion Group reservkapital
äriseadustiku § 336 lg-s 2 sätestatud tingimustele;
2.3. Jaotada AS-i Silvano Fashion Group aktsionäridele dividendina kasumiosa
järgmiselt:
2.3.1. Fikseerida dividendi saamiseks õigustatud AS-i Silvano Fashion Group
aktsionäride nimekiri seisuga 14. juuli 2014. a kell 23:59;
2.3.2. Maksta õigustatud AS-i Silvano Fashion Group aktsionäridele dividendina
välja 0,10 eurot aktsia kohta hiljemalt 15. juulil 2014. a;
2.4. Suunata ülejäänud AS-i Silvano Fashion Group 2013. a majandusaasta
puhaskasum eelmiste perioodide jaotamata kasumisse.
3. AS-i Silvano Fashion Group audiitori nimetamine 2014. majandusaastaks ja
audiitori tasu määramine
Juhatuse ja nõukogu ettepanek:
3.1. Nimetada AS-i Silvano Fashion Group audiitoriks audiitorühing AS
PricewaterhouseCoopers (registrikood 10142876, asukohaga Pärnu mnt 15, 10141
Tallinn), kelle volitused kehtivad järgmise AS-i Silvano Fashion Group
korralise üldkoosoleku toimumise päevani;
3.2. Volitada AS-i Silvano Fashion Group juhatust sõlmima audiitorühinguga
AS?iga PricewaterhouseCoopers audiitorteenuse leping AS-i Silvano Fashion Group
2014. a majandustegevuse auditeerimiseks hinnaga, mis ei ületa AS-i Silvano
Fashion Group 2013. a majandusaasta auditeerimise eest tasutud summat.
4. AS-i Silvano Fashion Group aktsiakapitali vähendamine
Juhatuse ja nõukogu ettepanek:
4.1. AS-i Silvano Fashion Group aktsiakapitali vähendamise põhjuseks on vajadus
vähendada AS-i Silvano Fashion Group aktsiakapitali ja tühistada 28. juunil
2013. a AS-i Silvano Fashion Group aktsionäride poolt kinnitatud aktsiate
tagasiostuprogrammi raames omandatud 400 000 oma aktsiat;
4.2. AS-i Silvano Fashion Group aktsiakapitali vähendatakse 120 000 euro võrra,
seniselt 11 820 000 eurolt 11 700 000 euroni;
4.3. AS-i Silvano Fashion Group aktsiakapitali vähendamisel tühistatakse 28.
juunil 2013. a AS-i Silvano Fashion Group aktsionäride poolt kinnitatud
aktsiate tagasiostuprogrammi raames omandatud 400 000 oma aktsiat;
4.4. AS-i Silvano Fashion Group aktsiakapitali vähendamise järgselt on AS-i
Silvano Fashion Group aktsiakapital jagatud 39 000 000 aktsiaks nimiväärtusega
0,30 eurot.
5. AS-i Silvano Fashion Group oma aktsiate tagasiostuprogrammi tingimuste
kindlaksmääramine
Juhatuse ja nõukogu ettepanek:
5.1. Kinnitada AS Silvano Fashion Group aktsiate tagasiostuprogramm järgmistel
tingimustel:
5.1.1. AS-i Silvano Fashion Group aktsiate tagasiostu eesmärgiks on AS-i
Silvano Fashion Group aktsiakapitali vähendamine;
5.1.2. AS-il Silvano Fashion Group on õigus oma aktsiaid tagasi osta ühe
tehinguga või osade kaupa alates 01. juulist 2014. a kuni 30. juunini 2015. a;
5.1.3. AS-i Silvano Fashion Group on õigus osta tagasi maksimaalselt 1 000 000
oma aktsiat;
5.1.4. Maksimaalne hind, millega AS Silvano Fashion Group võib
tagasiostuprogrammi käigus oma aktsiaid tagasi osta on 2,00 eurot aktsia kohta;
5.1.5. AS Silvano Fashion Group tasub tagasiostuprogrammi käigus tagasi ostetud
oma aktsiate eest varast, mis ületab aktsiakapitali, reservkapitali ja
ülekurssi;
5.1.6. Aktsiate tagasiostu programmi käigus tagasi ostetud ja AS-i Silvano
Fashion Group poolt varasemalt omandatud oma aktsiate miniväärtuste summa ei
tohi ületada 10% AS-i Silvano Fashion Group aktsiakapitalist;
5.1.7. Anda AS-i Silvano Fashion Group juhatusele õigus ületada reguleeritud
turu äärmiselt madala likviidsuse korral Euroopa Komisjoni 22. detsembri 2003.
a määruse (EÜ) nr 2273/2003 artikli 5 p-s 2 sätestatud oma aktsiate
tagasiostmise 25% piirpäevamahtu ja osta sama päeva jooksul oma aktsiaid
koguses, mis ei ületa 50% keskmisest päevasest mahust reguleeritud turul;
5.1.8. Oma aktsiate omandamine toimub kooskõlas Euroopa Komisjoni 22. detsembri
2003. a määrusega (EÜ) nr 2273/2003, millega rakendatakse Euroopa Parlamendi ja
nõukogu direktiivi 2003/6/EÜ seoses tagasiostuprogrammidele ja
finantsinstrumentide stabiliseerimisele ettenähtud eranditega;
5.1.9. Volitada AS-i Silvano Fashion Group juhatust sõlmima ühe kuu jooksul
arvates oma aktsiate tagasiostuprogrammi vastuvõtmisest pädeva
investeerimisettevõttega või krediidiasutusega oma aktsiate tagasiostu
korraldamiseks leping käesolevas otsuses sätestatud tingimustel.
III Korralduslikud küsimused
Üldkoosolekul osalemiseks õigustatud aktsionäride ring määratakse kindlaks
seisuga 7 päeva enne üldkoosoleku toimumist, s.t. 23. juunil 2014. a kell 23:59
(Eesti aja järgi).
Aktsionäril on õigus üldkoosolekul saada juhatuselt teavet SFG tegevuse kohta.
Juhatus võib keelduda teabe andmisest, kui on alust eeldada, et see võib
tekitada olulist kahju SFG huvidele. Juhul, kui juhatus keeldub teabe
andmisest, võib aktsionär nõuda, et üldkoosolek otsustaks tema nõudmise
õiguspärasuse üle või esitada üldkoosoleku toimumisest kahe nädala jooksul
hagita menetluses kohtule avalduse juhatuse kohustamiseks teavet andma.
Aktsionärid, kelle aktsiatega on esindatud vähemalt 1/20 aktsiakapitalist,
võivad nõuda täiendavate küsimuste võtmist üldkoosoleku päevakorda, kui vastav
nõue on esitatud kirjalikult hiljemalt 15 päeva enne üldkoosoleku toimumist.
Aktsionärid, kelle aktsiatega on esindatud vähemalt 1/20 aktsiakapitalist,
võivad kirjalikult esitada iga päevakorrapunkti kohta otsuse eelnõu mitte
hiljem kui 3 päeva enne üldkoosoleku toimumist.
Otsuste eelnõudega ja aktsionäride esitatud põhjendustega üldkoosoleku
päevakorrapunktide kohta ning üldkoosolekule esitatavate muude dokumentidega
(sealhulgas majandusaasta aruande, vandeaudiitori aruande, kasumi jaotamise
ettepaneku ja nõukogu aruandega) saab tutvuda alates üldkoosolekust teatamisest
kuni üldkoosoleku päevale eelneva tööpäevani aktsiaseltsi asukohas aadressil
Tulika 15/17, Tallinn, tööpäeviti kella 09.00-st kuni 17.00-ni (Eesti aja
järgi).
Üldkoosoleku toimumise päeval saab dokumentidega tutvuda üldkoosoleku toimumise
kohas alates osalejate registreerimise avamisest kuni üldkoosoleku lõpuni.
Dokumentidega tutvumiseks peab: (1) füüsilisest isikust aktsionär esitama
kehtiva isikut tõendava dokumendi ning füüsilisest isiku aktsionäri esindaja
lihtkirjaliku volikirja; (2) juriidilisest isikust aktsionär (a) väljavõtte
vastavast registrist, kus isik on registreeritud; ja (b) esindaja isikut
tõendava dokumendi; ja (c) volituse alusel tegutsev esindaja kirjaliku
volikirja.
Äriseadustiku § 2941 kohased avalikustamisele kuuluvad andmed ja dokumendid,
s.h eelmise majandusaasta aruanne, vandeaudiitori aruanne, kasumi jaotamise
ettepanek, nõukogu aruanne, otsuste eelnõud päevakorrapunktide kohta, andmed
aktsiaseltsi aktsiate ja nendega seotud hääleõiguste kohta üldkoosoleku
kokkukutsumise teate avalikustamise päeval ja volikirjade blanketid on
avaldatud ka Aktsiaseltsi koduleheküljel http://www.silvanofashion.com.
Üldkoosolekul osalemiseks palume esitada:
- füüsilisest isikust aktsionäril isikut tõendav dokument, esindajal –
kirjalik volikiri;
- juriidilisest isikust aktsionäri esindajal (a) väljavõte vastavast
registrist, kus isik on registreeritud; ja (b) esindaja isikut tõendav
dokument; ja (c) volituse alusel esindajal kirjalik volikiri.
Kui välislepingust ei tulene teisiti, peab välisriigi ametiisiku poolt
väljastatud dokument olema kas legaliseeritud või kinnitatud apostille’iga.
Võõrkeelsed dokumendid tuleb esitada koos notariaalselt kinnitatud eestikeelse
tõlkega.
Aktsionär võib enne üldkoosoleku toimumist teavitada aktsiaseltsi esindaja
määramisest või esindajale antud volituse tagasivõtmisest saates
vastavasisulise digitaalallkirjastatud teate e-posti aadressile
[email protected] või toimetades teate isiklikult tööpäeviti ajavahemikus
09.00 kuni 17.00 (Eesti aja järgi) või posti teel aadressile AS Silvano Fashion
Group, Tulika 15/17, Tallinn, 10613 hiljemalt üldkoosoleku toimumise päevale
eelneva tööpäeva kella 17.00-ks (Eesti aja järgi).
Küsimused seoses aktsionäride üldkoosoleku või selle päevakorraga palume
esitada: Märt Meerits (e-post: [email protected]; telefon +372 684 5000).
Märt Meerits
Juhatuse esimees
AS Silvano Fashion Group
E-post: [email protected]
Tel: +372 684 5000; Faks: +372 684 5300
Aadress: Tulika 15/17, 10613 Tallinn
www.silvanofashion.com
Content of announcement in English
Title
Notice of convening the Annual General Meeting of shareholders, Agenda and Proposals
Message
Tallinn, 2014-06-05 21:00 CEST (GLOBE NEWSWIRE) --
The Management Board of AS Silvano Fashion Group, registry code 10175491,
registered address Tulika 15/17, 10613 Tallinn, (hereinafter “SFG”) convenes an
annual general meeting of shareholders on 30th of June 2014 at 12:00 noon
(Estonian time) in Radisson Blu Hotel Olümpia conference hall “Epsilon”,
address Liivalaia 33, 10118 Tallinn, Estonia.
The registration of participants of the General Meeting starts at 11:30 a.m.
(Estonian time).
I Agenda
The agenda of the annual general meeting of shareholders is the following:
1. Approval of the 2013 Annual Report of AS Silvano Fashion Group;
2. Distribution of the 2013 profit of AS Silvano Fashion Group;
3. Election of the auditor of AS Silvano Fashion Group for 2014 fiscal year
and determination of auditor’s fee;
4. Reduction of the share capital of AS Silvano Fashion Group;
5. Determination of the conditions of the own share buy-back programme of AS
Silvano Fashion Group.
II Proposals of the Management Board and the Supervisory Board
The Supervisory Board of SFG has approved the agenda of the annual general
meeting as proposed by the Management Board. The Management Board and the
Supervisory Board make the following proposals to the shareholders with regard
to the agenda:
1. Approval of the 2013 Annual Report of AS Silvano Fashion Group
Proposal of the Management Board and the Supervisory Board:
1.1. To approve the 2013 Annual Report of AS Silvano Fashion Group.
2. Distribution of the 2013 profit of AS Silvano Fashion Group
Proposal of the Management Board and the Supervisory Board:
2.1. To approve the profit of the 2013 financial year in amount of EUR
10,946,000;
2.2. To make no allocations from the 2013 profit of AS Silvano Fashion Group
into the reserve capital of AS Silvano Fashion Group. Following the reduction
of the share capital, the reserve capital of AS Silvano Fashion Group will
correspond to the requirements provided in Article 336(2) of the Estonian
Commercial Code;
2.3. To distribute the profit by paying dividends to the shareholders of AS
Silvano Fashion Group as follows:
2.3.1. The list of shareholders of AS Silvano Fashion Group entitled to profit
distribution shall be fixed on 14th of July 2014 at 11:59 p.m.
2.3.2. EUR 0.10 per share shall be payable to the entitled shareholders as a
dividend at the latest on 15th of July 2014;
2.3.3. To allocate the rest of the profit of AS Silvano Fashion Group from the
2013 financial year into the undistributed profit of previous periods.
3. Election of the auditor of AS Silvano Fashion Group for 2014 fiscal year and
determination of auditor’s fee
Proposal of the Management Board and the Supervisory Board:
3.1. To elect audit company AS PricewaterhouseCoopers (registry code 10142876,
address Pärnu mnt 15, 10141 Tallinn) as the auditor of AS Silvano Fashion
group, whose authorities shall be valid until the next ordinary general meeting
of AS Silvano Fashion Group;
3.2. To authorize the Management Board of AS Silvano Fashion Group to sign an
auditing agreement with the audit company AS PricewaterhouseCoopers for the
auditing of AS Silvano Fashion Group 2014 business activities at a price that
does not exceed the price paid for the auditing services of AS Silvano Fashion
Group in 2013 fiscal year.
4. Reduction of the share capital of AS Silvano Fashion Group
Proposal of the Management Board and the Supervisory Board:
4.1. The reason for reducing the share capital of AS Silvano Fashion Group is a
need to reduce the share capital of AS Silvano Fashion Group and to cancel the
400 000 own shares acquired within the own share buy-back programme as approved
by the shareholders of AS Silvano Fashion Group on 28th of June 2013;
4.2. The share capital of AS Silvano Fashion Group shall be reduced by EUR
120,000 from the former EUR 11,820,000 to EUR 11,700,000;
4.3. Upon the reduction of the share capital of AS Silvano Fashion Group, the
400 000 own shares acquired within the own share buy-back programme as approved
by the shareholders of AS Silvano Fashion Group on 28 June 2013 shall be
cancelled;
4.4. Upon the reduction of the share capital of AS Silvano Fashion Group, the
share capital of AS Silvano Fashion Group shall be divided into 39,000,000
shares with the nominal value of EUR 0.30.
5. Determination of the conditions of the own share buy-back programme of AS
Silvano Fashion Group
Proposal of the Management Board and the Supervisory Board:
5.1.To approve the own share buy-back program of AS Silvano Fashion Group on
the following conditions:
5.1.1.The sole purpose of the buy-back programme of own shares of AS Silvano
Fashion Group is the reduction of the share capital of AS Silvano Fashion
Group;
5.1.2. AS Silvano Fashion Group shall have a right to buy back own shares with
one transaction or in parts within the time period from 1 July 2014 until 30
June 2015;
5.1.3. AS Silvano Fashion Group shall have a right to buy back maximum of
1,000,000 own shares;
5.1.4. The maximum price at which AS Silvano Fashion Group may buy back its own
shares within the own share buy-back programme is EUR 2.00 per share;
5.1.5. The acquired own shares shall be acquired from the assets that exceed
the registered share capital, reserve capital and share premium of AS Silvano
Fashion Group;
5.1.6. The sum of the nominal values of the own shares acquired within the
buy-back programme and of the previously acquired own shares of AS Silvano
Fashion Group may not exceed 10% of the share capital of AS Silvano Fashion
Group;
5.1.7. To authorize the Management Board of AS Silvano Fashion Group, in the
cases of extreme low liquidity on the market, to exceed the limit of 25% of the
average daily volume of the shares in any one day on the regulated market which
is provided for in Article 5 subsection 2 of Commission Regulation (EC) No
2273/2003 and to buy back own shares within one day in the amount which does
not exceed 50% of the average daily volume on the regulated market;
5.1.8. The buy-back of own shares shall be carried out in accordance with the
Commission Regulation (EC) No 2273/2003 dated 22 December 2003 implementing
Directive 2003/6/EC of the European Parliament and of the Council with regard
to exemptions for buy-back programmes and stabilisation of financial
instruments;
5.1.9. To authorize the Management Board of AS Silvano Fashion Group to enter
into a contract with an investment company or a credit institution as the
organizer of the buy-back of own shares within one month from the determination
of the conditions of the buy-back programme of own shares.
III Organizational questions
The list of the shareholders entitled to participate in the ordinary general
meeting shall be fixed 7 days prior to the date of the General Meeting, i.e. on
23 June 2014 at 11:59 p.m. (Estonian time).
At the General Meeting, a shareholder is entitled to receive information from
the Management Board about the activities of SFG. The Management Board may
decide to withhold information if there is a reason to believe that the
disclosure of information may cause significant damage to the interests of SFG.
If the Management Board refuses to disclose information, the shareholder may
demand from the General Meeting to adopt a resolution regarding to the
lawfulness of the information request or file a petition to a court of law
within two weeks of the General Meeting requesting the court for the ruling
requiring the Management Board to disclose the information.
The shareholders whose shares represent at least 1/20 of the share capital may
request for additional items to be included in the agenda of the General
Meeting, if the respective request is submitted in writing at least 15 days
prior to the General Meeting.
The shareholders whose shares represent at least 1/20 of the share capital may
present their draft resolutions to each item in the agenda in writing no later
than 3 days before the General Meeting.
Draft resolution regarding to the agenda items and other documents presented to
the General Meeting (including annual report, report of the sworn auditor,
profit distribution proposal and report of the Supervisory Board) are available
for examination on every working day as of the notification of the General
Meeting until the business day preceding the day of the General Meeting at the
headquarters of the Company at Tulika 15/17, Tallinn on business days from 9
a.m. until 5 p.m. (Estonian time).
On the day of the General Meeting the materials related to the agenda of the
General Meeting are available for examination at the venue of the General
Meeting as of the opening of registration of participants until the end of the
General Meeting. In order to examine the documents: (1) the shareholders who
are natural persons are required to present a document verifying their identity
and their representatives are additionally required to present the power of
attorney in written form; (2) the representatives of the shareholders who are
legal entities shall present (a) an extract from the registry where the legal
entity is registered; and (b) a document verifying the identity of
representative; and (c) in case of representation on the basis of proxy, also a
power of attorney.
Documents and data which are disclosed according to Article 2941 of the
Estonian Commercial Code, including the Annual Report, report of the sworn
auditor, profit distribution proposal, report of the Supervisory Board, draft
resolutions regarding to the agenda items, data on the Company’s shares and
voting rights related to the shares as of the date of the notice on the
convening of the General Meeting and the templates of power of attorney are
available on the homepage of the Company: http://www.silvanofashion.com.
The following documents must be submitted to participate in the General Meeting:
- the shareholders who are natural persons shall present a document verifying
their identity and their representatives shall present the power of attorney in
written form;
- the representatives of the shareholders who are legal entities shall
present (a) an extract from the registry where the legal entity is registered;
and (b) a document verifying the identity of representative; (c) in case of
representation on the basis of proxy, also a power of attorney.
Unless otherwise provided by a foreign agreement, a document issued by a
foreign authority shall be duly apostilled or legalized. Documents in foreign
language should be accompanied by the translation into Estonian, verified by
relevant institution.
Prior to the General Meeting the shareholder may notify the Company of the
appointment of a representative or the revocation of the representative's
authority by sending a digitally signed e-mail message to
[email protected] or by delivering the information in person on workdays
between 9 a.m. to 5 p.m. (Estonian time) or via mail to AS Silvano Fashion
Group, Tulika 15/17, 10613 Tallinn, Estonia by 5 p.m. (Estonian time) on the
business day preceding the day of the General Meeting.
For any information regarding the general meeting of the shareholders or the
agenda items, please contact Märt Meerits (e-mail [email protected];
phone +372 684 5000).
Märt Meerits
Chairman of the Board,
Silvano Fashion Group
E-mail: [email protected]
Tel: +372 684 5000; Fax: +372 684 5300
Address: Tulika 15/17, 10613 Tallinn, Estonia
http://www.silvanofashion.com