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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

Results of General Meeting

Unique data record identifier

4714

Submission date and time

07.11.2014 13:30:00

Content of announcement in Estonian

Title

Silvano Fashion Group erakorralise üldkoosoleku otsused

Message

Tallinn, 2014-11-07 12:30 CET (GLOBE NEWSWIRE) --


7. novembril 2014. a algusega kell 12:00, toimus Radisson Blu Hotel Olümpia
konverentsisaalis “Epsilon” (Liivalaia 33, Tallinn, Eesti Vabariik) AS Silvano
Fashion Group (edaspidi “SFG”) aktsionäride erakorraline üldkoosolek (edaspidi
“Koosolek”). 

Koosoleku päevakorras olid  16.10.2014. a. Tallinna Väärtpaberibörsi ja
Varssavi börsi kodulehel ning 17.10.2014. a. ajalehes “Äripäev” ja Aktsiaselts
Silvano Fashion Group kodulehel avaldatud Koosoleku kokkukutsumise teates
toodud küsimused. 

Koosolek algas kell 12:00 ja lõppes kell 12:30. Koosolekul osales 24
aktsionäri, kelle aktsiatega oli esindatud 24 153 667 häält, mis moodustab
62,35% hääleõiguslike aktsiate arvust. Seega oli Koosolek pädev võtma vastu
otsuseid Koosoleku päevakorras olnud küsimustes. 

Koosolek võttis vastu alljärgnevad otsused.

1. AS-i Silvano Fashion Group 30. juuni 2014 üldkoosolekul vastuvõetud kasumi
jaotamise otsuse muutmine ning täiendav kasumi jaotamine. 

Otsustati:

1.1. Jaotada AS-i Silvano Fashion Group aktsionäridele kinnitatud 2013
majandusaasta aruande alusel täiendavalt dividendina kasumiosa järgmiselt: 

1.1.1. Fikseerida  täiendava dividendi saamiseks õigustatud AS-i Silvano
Fashion Group aktsionäride nimekiri seisuga 21. november 2014. a kell 23:59; 

1.1.2. Maksta õigustatud AS-i Silvano Fashion Group aktsionäridele täiendavalt
dividendina välja 0,20 eurot aktsia kohta hiljemalt 24. novembril 2014. a. 

Hääletustulemused:

poolt:       24 153 664 häält ehk 99,99% koosolekul esindatud häältest ja 61,93%
              kogu aktsiakapitalist                                             
vastu:       0 häält ehk 0% koosolekul esindatud häältest ja 0% kogu            
              aktsiakapitalist                                                  
erapooletu:  0 häält ehk 0% koosolekul esindatud häältest ja 0% kogu            
              aktsiakapitalist                                                  
ei           3 häält ehk 0% koosolekul esindatud häältest ja 0% kogu            
 hääletanud   aktsiakapitalist                                                  
:                                                                               



Koosolekul võeti otsused vastu järgides seaduses ja SFG põhikirjas sätestatud
otsuste vastuvõtmise korda. 

Koosoleku protokoll ja kaasnevad materjalid on investoritele kättesaadavad
hiljemalt 1 (ühe) nädala jooksul alates Koosoleku toimumise ajast SFG kodulehel
aadressil http://www.silvanofashion.com/investors/shareholders-meetings.html. 

Märt Meerits
AS Silvano Fashion Group juhatuse esimees
E-post: [email protected]
Tel: +372 684 5000;
Faks: +372 684 5300
Aadress: Tulika 15/17, 10613 Tallinn
http://www.silvanofashion.com

Content of announcement in English

Title

Silvano Fashion Group decisions of the extraordinary general meeting of shareholders

Message

Tallinn, 2014-11-07 12:30 CET (GLOBE NEWSWIRE) --


<span style="font-family:Arial, Helvetica, sans-serif;"><span
style="font-size:10pt;">The extraordinary general meeting of shareholders of AS
Silvano Fashion Group (hereinafter SFG) was held on November 7, 2014, at 12:00
noon at Radisson Blu Hotel Olümpia conference hall “Epsilon” (Liivalaia 33,
Tallinn, Estonia)  (hereinafter Meeting).  </span></span> 

<span style="font-family:Arial, Helvetica, sans-serif;"><span
style="font-size:10pt;">The agenda of the Meeting contained the items set out
in the notice of the Meeting published on October 16, 2014 via the information
system of NASDAQ OMX Tallinn and Warsaw Stock Exchange, on the website of SFG
at http://www.silvanofashion.com/investors/shareholders-meetings.html, and on
October 17, 2014 in the daily newspaper Äripäev.    </span></span> 

<span style="font-family:Arial, Helvetica, sans-serif;"><span
style="font-size:10pt;">The Meeting started at 12:00 and ended at 12:30.Twenty
four (24) shareholders attended the Meeting representing 24 153 667 votes,
constituting 62.35% of the voting rights of the company. Therefore the Meeting
was eligible to pass resolutions regarding the items on the agenda of the
Meeting.    </span></span> 

<span style="font-family:Arial, Helvetica, sans-serif;"><span
style="font-size:10pt;">The following resolutions were passed at the
Meeting:</span></span> 

<span style="font-family:Arial, Helvetica, sans-serif;"><span
style="font-size:10pt;">1. Item: </span></span><span style="font-family:Arial,
Helvetica, sans-serif;font-size:10pt;">The amendment of the profit distribution
decision approved by the Annual General Meeting held on 30</span><sup
style="font-family: Arial, Helvetica, sans-serif;">th<span
style="font-family:Arial, Helvetica, sans-serif;font-size:10pt;"> of June 2014
and additional distribution of profit of AS Silvano Fashion Group</span> 

<span style="font-family:Arial, Helvetica, sans-serif;"><span
style="font-size:10pt;">The Meeting decided: </span></span> 
<span style="font-family:Arial, Helvetica, sans-serif;font-size:10pt;">1.1. To
distribute the profit by paying dividends to the shareholders from the profit
of the company based on the approved annual report of 2013 as follows:</span> 
<span style="font-family:Arial, Helvetica, sans-serif;font-size:10pt;">1.1.1.  
  The list of shareholders of AS Silvano Fashion Group entitled to profit
distribution shall be fixed on 21</span><sup style="font-family: 'courier new',
courier, monospace;">st<span style="font-family:Arial, Helvetica,
sans-serif;font-size:10pt;"> of November 2014 at 11:59 p.m;</span> 
<span style="font-family:Arial, Helvetica, sans-serif;font-size:10pt;">1.1.2.  
  EUR 0.20 per share shall be payable to the entitled shareholders as a
dividend at the latest on 24</span><sup style="font-family: 'courier new',
courier, monospace;">th<span style="font-family:Arial, Helvetica,
sans-serif;font-size:10pt;"> of November 2014. </span><span
style="font-family:Arial, Helvetica, sans-serif;"><span
style="font-size:10pt;">   </span></span> 

<span style="font-family:Arial, Helvetica, sans-serif;"><span
style="font-size:10pt;">Tabulation of the votes:</span></span> 

<span                          <span style="font-family:Arial, Helvetica,       
 style="font-family:Arial,      sans-serif;"><span style="font-size:10pt;">24   
 Helvetica,                     153 664 votes, representing 99.99% of the votes 
 sans-serif;"><span             of the AGM and 61.93% from the share            
 style="font-size:10pt;">For:   capital</span></span>                           
</span></span>                                                                  
<span                          <span style="font-family:Arial, Helvetica,       
 style="font-family:Arial,      sans-serif;"><span style="font-size:10pt;">0    
 Helvetica,                     votes, representing 0% of the votes of the AGM  
 sans-serif;"><span             and 0% from the share capital</span></span>     
 style="font-size:10pt;">Agai                                                   
nst:</span></span>                                                              
<span                          <span style="font-family:Arial, Helvetica,       
 style="font-family:Arial,      sans-serif;"><span style="font-size:10pt;">0    
 Helvetica,                     votes, representing 0% of the votes of the AGM  
 sans-serif;"><span             and 0% from the share capital</span></span>     
 style="font-size:10pt;">Impa                                                   
rtial:</span></span>                                                            
<span                          <span style="font-family:Arial, Helvetica,       
 style="font-family:Arial,      sans-serif;"><span style="font-size:10pt;">3    
 Helvetica,                     votes, representing 0% of the votes of the AGM  
 sans-serif;"><span             and 0% from the share capital</span></span>     
 style="font-size:10pt;">Did                                                    
 not vote:</span></span>                                                        

<span style="font-family:Arial, Helvetica, sans-serif;"><span
style="font-size:10pt;">The resolutions were adopted at the Meeting following
the procedure for passing of resolutions set forth in laws and in the Articles
of Association of the Company.</span></span> 

<span style="font-family:Arial, Helvetica, sans-serif;"><span
style="font-size:10pt;">The protocol of the meeting, and related documents
shall be made available to investors within 1 (one) week from the Meeting at
SFG website
http://www.silvanofashion.com/investors/shareholders-meetings.html.</span></span
> 

<span style="font-family:Arial, Helvetica, sans-serif;"><span
style="font-size:10pt;">Märt Meerits 
Chairman of board of 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</span></span>