Market announcement

Title

OEG: Invitation to the Annual General Meeting of Shareholders of Olympic Entertainment Group AS

Message

OLYMPIC ENTERTAINMENT GROUP AS, registry code 10592898, address Pronksi 19,
Tallinn, Harju County, 10124 (hereinafter Company), convenes annual General
Meeting of shareholders that will be held on 16 June 2016 at 15:00 at the
Conference centre of Hilton Tallinn Park (Kreutzwaldi 23, Tallinn, Estonia). 

Agenda for the annual General Meeting is the following:

1. Approving the Company’s 2015 consolidated annual report;
2. Deciding on the distribution of profit;
3. Appointing the auditor for auditing the financial year covering the period
from 01.01.2016 - 31.12.2016. 

The Supervisory Board of the Company has approved the agenda of the General
Meeting as presented by the Management Board and makes the shareholders the
following proposals: 

1. Approving the Company’s 2015 consolidated annual report

The Supervisory Board of the Company makes to the General Meeting of the
Company a proposal to vote in favour of the approval of the consolidated annual
report of the Company for the financial year of 2015, according to which the
net profit amount is 25,718,587.02 Euros. 

2. Deciding on the distribution of profit

The Supervisory Board of the Company makes to the General Meeting of the
Company a proposal to vote in favour of approving the proposal on distribution
of profit of the financial year of 2015 as follows: 

2.1   Net profit amount: 25,718,587.02 Euros;
2.2   To pay a dividend of 0.15 Euros per share, altogether in the amount of
22,768,680.90 Euros, whereas 0.10 Euros per share shall be paid to the
shareholders on 15 July 2016 and 0.05 Euros per share shall be paid to the
shareholders on 14 October 2016; 
2.3   Transfer to the statutory reserve capital: 1,285,929.35 Euros;
2.4   The remaining balance of retained earnings after the distribution of
profit: 27,766,116.39 Euros. 
2.5   The list of shareholders who are entitled to receive dividends shall be
closed as follows: 
2.5.1   The list of shareholders entitled to receive the dividend of 0.10 Euros
per share that will be paid on 15 July 2016 shall be closed on 14 July 2016 as
at 11:59 PM. The dividends of 0.10 Euros per share shall be paid to the
shareholders on 15 July 2016 by a transfer to the shareholder’s bank account. 
2.5.2   The list of shareholders who are entitled to receive the dividend of
0.05 Euros per share that will be paid on 14 October 2016 shall be closed on 13
October 2016 as at 11:59 PM. The dividends of 0.05 Euros per share shall be
paid to the shareholders on 14 October 2016 by a transfer to the shareholder’s
bank account. 

3. Appointing the auditor for auditing the financial year covering the period
from 01.01.2016 - 31.12.2016 

The Supervisory Board of the Company makes to the General Meeting of the
Company a proposal to vote in favour of the proposal on appointing the auditor
of the Company upon the following terms and conditions: 

3.1   To appoint AS PricewaterhouseCoopers (registry cod   e 10142876) to serve
as the auditor of the Company. 
3.2   AS PricewaterhouseCoopers shall audit the Company’s annual report for the
financial year from 01.01.2016 - 31.12.2016. 
3.3   For auditing the annual reports, the Company shall pay AS
PricewaterhouseCoopers a fee in the amount agreed upon in the contract
concluded with AS PricewaterhouseCoopers on rende   ring auditing services. 



ORGANISATIONAL ISSUES

After the items on the agenda, including any additional items, are exhausted
the shareholders may ask the management board to provide information about the
business of the Company in accordance with the procedure published on the
website of the Company http://www.olympic-casino.com. 

List of shareholders entitled to vote at the General Meeting will be fixed on 9
June 2016 at 11.59 PM. 

Registration to the meeting will start on the day of the meeting, 16 June 2016,
at 14.30. Registration will be carried out on the basis of an identification
document and in case of the shareholder’s representative, power of attorney or
any other document evidencing authorisation. The forms of power of attorney and
revocation of the power of attorney are available at the Company’s website
http://www.olympic-casino.com. Legal entities must also present a valid extract
of the registry card. The documents of a company incorporated abroad must be
legalised or stamped with apostille, if the international agreement does not
prescribe otherwise, and translated into Estonian by the sworn translator. 

A shareholder may notify about the appointment of a representative and the
withdrawal of the power of attorney of the principal prior to the general
meeting by sending respective digitally signed notice by e-mail to [email protected]
or by delivering respective document(s) on business days from 9 AM till 5 PM at
the latest by 15 June 2016 to the location of the Company at Pronksi 19, 3rd
floor. 

The annual report of the Company and the sworn auditor´s report have been made
available at the NASDAQ Tallinn website www.nasdaqomxbaltic.com. The annual
report of the company, the drafts of resolutions and all other General Meeting
documents shall be made available at the Company´s website
http://www.olympic-casino.com and on business days from 9 AM till 5 PM also at
Pronksi 19, 3rd floor as of 24 May 2016. Questions in respect of the items in
the agenda of the General Meeting may be asked by e-mail: [email protected] or over
phone +372 667 1250. Questions, answers and the minutes and resolutions of the
annual General Meeting shall be disclosed at the Company´s website
http://www.olympic-casino.com. 

Shareholders, whose shares represent at least 1/20th of the share capital may
request that additional issues be included in the agenda of the general
meeting, provided that the relevant request is submitted in writing at least 15
days prior to the date of the general meeting, at the latest by the beginning
of the business day (09:00) on 1 June 2016. Shareholders, whose shares
represent at least 1/20th of the share capital may submit the Company written
draft resolutions regarding every item on the agenda of the general meeting, at
the latest 3 days prior to the date of the general meeting by the beginning of
the business day (09:00) on 13 June 2016. The procedure for exercising these
rights, as well as the submitted proposals regarding additional items on the
agenda, the reasoning for including any items on agenda, and draft resolutions
shall be published after their receipt on the website of the Company at
http://www.olympic-casino.com. The drafts and statements of reason thereof are
available for reviewing also at the office of the Company on workdays between
09:00 to 17:00 at Pronksi 19, 3rd floor. 



Madis Jääger
CEO
Olympic Entertainment Group AS
Tel + 372 667 1250
E-mail [email protected]
http://www.olympic-casino.com