Market announcement

AS PRFoods

LEI code

529900PFXFO2ZDCRNK93

Size of the entity

Medium group

Economic activities

Financial and Insurance Activities

Country of registered office

Estonia

General information

Categories

Results of General Meeting

Unique data record identifier

5026

Submission date and time

28.05.2015 17:02:15

Content of announcement in Estonian

Title

AS PRFoods aktsionäride korralise üldkoosoleku otsused

Message

AS PRFoods (Aktsiaselts) aktsionäride üldkoosolek (Koosolek) toimus 28.05.2015
Radisson Blu Hotel Olümpia „Gamma“ konverentsisaalis aadressil Liivalaia 33,
Tallinn, Eesti. Koosoleku toimumise teade avaldati Tallinna Börsi infosüsteemi
kaudu ja Aktsiaseltsi kodulehel (http://www.prfoods.ee/) 05.05.2015. Koosoleku
toimumise teade avaldati 06.05.2015 ka Eesti Päevalehes. 

Koosolek algas 10:00 ja lõppes 10:45. Koosolekul osales 31 aktsionäri, kes
esindavad 82,45% kõikide aktsiatega esindatud häältest. Seega oli koosolek
otsustusvõimeline. 

Koosolek võttis vastu järgmised otsused:

  1. 2014. a majandusaasta aruande kinnitamine


Aktsionärid otsustasid kinnitada Aktsiaseltsi 2014. a majandusaasta aruanne
korralisele üldkoosolekule esitatud kujul. 

Hääletamistulemused:

Hääled         Häälte arv  Osakaal koguhäältest (%)
---------------------------------------------------
Poolthääled    31 701 234                      100%
---------------------------------------------------
Vastuhääled         0                            0%
---------------------------------------------------
Erapooletud         0                            0%
---------------------------------------------------
Ei hääletanud       0                            0%
---------------------------------------------------
        Kokku  31 701 234                      100%
---------------------------------------------------

  1. Kahjumi katmise otsustamine

Aktsiaseltsi kahjum 2014. majandusaastal moodustas 2 814 000 eurot.

Jaotamata kahjum seisuga 31. detsember 2014. a on 2 026 000 eurot.

Aktsionärid otsustasid katta kahjumi tulevaste perioodide kasumi arvelt.

Hääletamistulemused:

Hääled         Häälte arv  Osakaal koguhäältest (%)
---------------------------------------------------
Poolthääled    31 701 234                      100%
---------------------------------------------------
Vastuhääled         0                            0%
---------------------------------------------------
Erapooletud         0                            0%
---------------------------------------------------
Ei hääletanud       0                            0%
---------------------------------------------------
        Kokku  31 701 234                      100%
---------------------------------------------------

  1. Audiitori nimetamine 2015. a majandusaastaks ja audiitori tasu määramine

Aktsionärid otsustasid määrata Aktsiaseltsi audiitoriks 2015. a majandusaastaks
Aktsiaseltsi PricewaterhouseCoopers (registrikood 10142876) ja määrata
audiitori tasu vastavalt audiitoriga sõlmitavale lepingule. 

Hääletamistulemused:

Hääled         Häälte arv  Osakaal koguhäältest (%)
Poolthääled    31 694 644                    99,98%
Vastuhääled    4 500                          0,01%
Erapooletud    2 090                          0,01%
Ei hääletanud  0                                 0%
        Kokku  31 701 234                      100%

  1. Põhikirja muutmine

Aktsionärid otsustasid muuta Aktsiaseltsi põhikirja ja kinnitada aktsionäridele
enne üldkoosolekut tutvumiseks esitatud Aktsiaseltsi põhikirja uus redaktsioon. 

Hääletamistulemused:

Hääled         Häälte arv  Osakaal koguhäältest (%)
---------------------------------------------------
Poolthääled    31 508 574                    99,39%
---------------------------------------------------
Vastuhääled         0                            0%
---------------------------------------------------
Erapooletud     192 660                       0,61%
---------------------------------------------------
Ei hääletanud       0                            0%
---------------------------------------------------
        Kokku  31 701 234                      100%
---------------------------------------------------

  1. Aktsiaseltsi aktsiakapitali vähendamine

Aktsionärid otsustasid:

  -- vähendada Aktsiaseltsi aktsiakapitali aktsia nimiväärtuse vähendamise teel
     0,30 euro (30 sendi) võrra, mille tulemusena on aktsia uus nimiväärtus 0,20
     eurot (20 senti);
  -- Aktsiaseltsi aktsiakapitali vähendatakse kokku 11 604 858 euro võrra, mille
     tulemusena on aktsiakapitali uus suurus 7 736 572 eurot;
  -- aktsiakapitali vähendamise põhjuseks on Aktsiaseltsi kapitalistruktuuri
     korrigeerimine. Aktsiaseltsi aktsiakapitali vähendamine võimaldab
     tasakaalustada Aktsiaseltsi võõrkapitali ja omakapitali suhet ning aitab
     tuua Aktsiaseltsi omakapitali tootluse ja suhtarvud adekvaatsemale
     tasemele. Aktsiakapitali vähendamine toimub jäätise- ja külmkaubasegmentide
     müügist saadud vahendite arvelt;
  -- aktsiakapitali vähendamises osalevate aktsionäride nimekiri fikseeritakse
     seisuga 28. august 2015.a kell 23.59 ning aktsionäridele aktsiakapitali
     vähendamisel tehtavate väljamaksete suuruseks on 0,30 eurot (30 senti)
     aktsia kohta;
  -- Väljamaksed aktsionäridele tehakse mitte varem, kui ajavahemikul 15.12.2015
     – 31.12.2015.

Hääletamistulemused:

Hääled         Häälte arv  Osakaal koguhäältest (%)
---------------------------------------------------
Poolthääled    31 508 874                    99,39%
---------------------------------------------------
Vastuhääled     192 360                       0,61%
---------------------------------------------------
Erapooletud         0                            0%
---------------------------------------------------
Ei hääletanud       0                            0%
---------------------------------------------------
        Kokku  31 701 234                      100%
---------------------------------------------------




         Indrek Kasela
         AS PRFoods
         Juhatuse liige
         T:+372  6033 800
         [email protected]
         www.prfoods.ee

Content of announcement in English

Title

Resolutions of the annual general meeting of shareholders of AS PRFoods

Message

The annual general meeting of shareholders (the Meeting) of AS PRFoods (the
Company) was held on 28th May 2015 in in the conference room „Gamma“ at
Radisson Blu Hotel Olümpia, located at Liivalaia 33, Tallinn, Estonia. The
notice for calling the general meeting was published via the information system
of NASDAQ OMX Tallinn and on the webpage of the Company on 5th May 2015. The
notice for calling the general meeting was also published in Eesti Päevaleht on
6th May 2015. 

The Meeting started at 10:00 AM and ended at 10:45 AM. 31 shareholders attended
the Meeting representing 82,45% of the total votes represented by the all
shares. Therefore the Meeting was competent to pass resolutions. 

The following resolutions were passed at the Meeting:

  1. Approval of the annual report of FY2014 

The shareholders decided to approve the annual report of the Company for FY2014
as presented to the Meeting. 

Voting results:

Votes         No of Votes  Proportion to total votes (%)
--------------------------------------------------------
In favour      31 701 234                           100%
--------------------------------------------------------
Against            0                                  0%
--------------------------------------------------------
Impartial          0                                  0%
--------------------------------------------------------
Did not vote       0                                  0%
--------------------------------------------------------
       Total   31 701 234                           100%
--------------------------------------------------------

  1. Covering of losses

The Company’s loss for FY2014 was EUR 2,814,000.

The Company’s retained losses as at 31th December 2014 were EUR 2,026,000.

The Shareholders of the Company decided to cover the losses on the account of
future profits. 

Voting results:

Votes         No of Votes  Proportion to total votes (%)
--------------------------------------------------------
In favour      31 701 234                           100%
--------------------------------------------------------
Against            0                                  0%
--------------------------------------------------------
Impartial          0                                  0%
--------------------------------------------------------
Did not vote       0                                  0%
--------------------------------------------------------
       Total   31 701 234                           100%
--------------------------------------------------------

  1. Appointment of auditor for FY2015 and determining auditor’s remuneration

The shareholders decided to appoint AS PricewaterhouseCoopers (registry code
10142876) as the Company’s auditor for FY2015 and to determine the remuneration
of the auditor pursuant to the agreement to be concluded with the auditor. 

Voting results:

Votes         No of Votes  Proportion to total votes (%)
--------------------------------------------------------
In favour      31 694 644                         99.98%
--------------------------------------------------------
Against          4 500                             0.01%
--------------------------------------------------------
Impartial        2 090                             0.01%
--------------------------------------------------------
Did not vote       0                                  0%
--------------------------------------------------------
       Total   31 701 234                           100%
--------------------------------------------------------

  1. Amending the Company’s articles of association

The shareholders decided to amend the Company’s articles of association and
approve the new version of articles of association that was submitted for the
review of shareholders before the Meeting. 

Voting results:

Votes         No of Votes  Proportion to total votes (%)
--------------------------------------------------------
In favour      31 508 574                         99.39%
--------------------------------------------------------
Against            0                                  0%
--------------------------------------------------------
Impartial       192 660                            0.61%
--------------------------------------------------------
Did not vote       0                                  0%
--------------------------------------------------------
       Total   31 701 234                           100%
--------------------------------------------------------

  1. Reduction of the Company’s share capital

The shareholders decided to:

  -- The share capital shall be reduced by reducing the nominal value of
     Company’s share by EUR 0.30 (30 euro cents) as a result of which the new
     nominal value of the share shall be EUR 0.20 (20 euro cents);
  -- In total the share capital shall be reduced by EUR 11,604,858 and the new
     share capital of the Company shall be EUR 7,736,572;
  -- The reason for the reduction of Company’s share capital is the adjustment
     of company’s capital structure. The reduction of Company’s share capital
     enables to balance the company’s debt-to-equity ratio and bring the
     company’s return on equity and other financial ratios to level that is more
     adequate. The reduction of the share capital will take place based on the
     receivables for sale of ice cream and frozen products unit.
  -- The list of shareholders participating at the reduction of share capital
     shall be closed at 23:59 on 28.08.2015. The share capital shall be reduced
     by making disbursements to the shareholders in the amount of EUR 0.30 (30
     euro cents) per share.
  -- The disbursements will be made to the shareholders not earlier than
     15.12.2015 until 31.12.2015.

Voting results:

Votes         No of Votes  Proportion to total votes (%)
--------------------------------------------------------
In favour      31 508 874                         99.39%
--------------------------------------------------------
Against         192 360                            0.61%
--------------------------------------------------------
Impartial          0                                  0%
--------------------------------------------------------
Did not vote       0                                  0%
--------------------------------------------------------
       Total   31 701 234                           100%
--------------------------------------------------------




         Indrek Kasela
         AS PRFoods
         Member of the Management Board
         T: +372 6033 800
         [email protected]
         www.prfoods.ee