Market announcement

AS Pro Kapital Grupp

LEI code

097900BGM10000061519

Size of the entity

Large group

Economic activities

Financial and Insurance Activities

Country of registered office

Estonia

General information

Categories

Other corporate action

Unique data record identifier

6619

Submission date and time

25.04.2018 16:15:00

Content of announcement in Estonian

Title

AS-i Pro Kapital Grupp juhatuse esimehe volituste pikendamine

Message

AS  Pro Kapital  Grupp (edaspidi  Pro Kapital)  teatab, et  Pro Kapitali nõukogu
otsustas  23.04.2018 pikendada  Pro  Kapitali  juhatuse  esimehe  Paolo Vittorio
Michelozzi volitusi kuni 31.12.2021.

Pikem  ametiaeg kui  3 aastat on  seaduse ja  Ühingu põhikirjaga lubatud ning on
tingitud   juhatuse   esimehe   ametiaja  kestuse  vastavusse  viimisest  Ühingu
majandusaastal seatavate eesmärkide ja vastavate tulemuste hindamisega.

Paolo   Vittorio   Michelozzi  on  olnud  Pro  Kapitali  juhatuse  liige  alates
22.11.2001.

AS   Pro   Kapital   Grupp  juhatus  jätkab  kolmeliikmelisena  (Paolo  Vittorio
Michelozzi, Allan Remmelkoor ja Edoardo Axel Preatoni).


Allan Remmelkoor
Juhatuse liige
AS Pro Kapital Grupp
tel: +372 614 4920
[email protected]

Content of announcement in English

Title

Prolongation of term in office of Chairman of the Management Board of AS Pro Kapital Grupp

Message

AS Pro Kapital Grupp (hereinafter Pro Kapital) informs, that on 23(rd) of April,
2018 the Supervisory Council of Pro Kapital has decided to prolong the term of
office of the Chairman of the Management Board of Pro Kapital, Paolo Vittorio
Michelozzi, until 31(st) of December, 2021.

A longer term than 3 years is allowed by the law and the Articles of Association
of  the company and  is warranted due  to alignment of  the term of the CEO with
setting  of annual  targets for  the company's  financial year and corresponding
performance assessment.

Paolo  Vittorio Michelozzi has  been the Management  Board member of Pro Kapital
since 22(nd) of November, 2001.

AS  Pro Kapital Grupp  management board will  continue with three members (Paolo
Vittorio Michelozzi, Allan Remmelkoor and Edoardo Axel Preatoni).

Allan Remmelkoor
Member of the Board
AS Pro Kapital Grupp
Phone: +372 614 4920
[email protected]