Market announcement

AS Ekspress Grupp

LEI code

529900B52V1TUMW7FS54

Size of the entity

Large group

Economic activities

Professional, Scientific and Technical Activities

Country of registered office

Estonia

General information

Categories

Other price sensitive information

Unique data record identifier

5733

Submission date and time

21.10.2016 16:08:30

Content of announcement in Estonian

Title

Erakorralisel üldkoosolekul täiendava otsuse eelnõu esitamine

Message

Lugupeetud AS-i Ekspress Grupp aktsionär

AS-i Ekspress Grupp (registrikood 10004677, asukoht Parda 6, 10151 Tallinn)
aktsionär ING Luxembourg S.A., kellele kuulub 13,43% aktsiatest, esitas
aktsionäride erakorralise üldkoosoleku, mis toimub 26.10.2016.a., esimese
päevakorrapunkti kohta järgmise täiendava otsuse eelnõu: 

Mitte teha muudatusi nõukogu koosseisus.

ING Luxembourg S.A põhjendab ettepanekut järgmiselt:

Praegused nõukogu liikmed on oma kohustusi täitnud edukalt ja tulemuslikult,
AS-i Ekspress Grupp parimates huvides. Praeguste nõukogu liikmete
tagasikutsumine ei too kasu AS-ile Ekspress Grupp ja häirib tarbetult AS-i
Ekspress Grupp tegevuse planeerimist, äriühingu juhtimise organiseerimist ja
juhatuse tegevuse üle järelevalve teostamist.

Content of announcement in English

Title

Submission of additional draft resolution proposal for Extraordinary General Meeting of Shareholders

Message

Dear shareholder of AS Ekspress Grupp

AS Ekspress Grupp (registry code 10004677, official address Parda 6, 10151
Tallinn) shareholder ING Luxembourg S.A., owner of 13,43 % of shares, has
submitted the following additional draft resolution proposal for the first item
of agenda of 26 October, 2016 Shareholders’ General Meeting: 

Not to make any changes in the supervisory board.

ING Luxembourg S.A. substantiates the draft resolution proposal as follows:

The current members of the supervisory board have performed their duties
successfully and efficiently, in the best interests of AS Ekspress Grupp.
Recalling of the current members of the supervisory board does not benefit AS
Ekspress Grupp and unnecessarily disrupts the planning of the activities of AS
Ekspress Grupp, organising the management of the company and supervising the
activities of the management board.