19 Jun 2009 14:27
19 June 2009
Amiad Filtration Systems Ltd.
("Amiad" or the "Company")
Notice of AGM and Posting of Reports and Accounts
Amiad, a producer and global supplier of automated water filters and filtration systems for the industrial & municipal and the irrigation markets, announces that the annual general meeting of the Company is to be held at 11.00am on Wednesday, 29 July 2009 at the offices of Speechly Bircham LLP, 6 New Street Square, London, EC4A 3LX, England to consider the following resolutions:
to receive the Company's annual report and accounts for the year ended 31 December 2008 (the "Report and Accounts");
to re-appoint Kesselman & Kesselman, a member firm of PricewaterhouseCoopers International Limited, as the Company's auditors and to authorise the directors of the Company to fix their remuneration;
to re-elect the following directors of the Company who retire in accordance with the Company's articles of association (the "Articles") and who in each case being eligible, offer themselves for reߛelection, to hold office until the conclusion of the next annual general meeting:
Mr Tal Yeshua
Mr Dan Falk
Mr Zeev Holender
Mr Harel Beit-On
Dr Izhar Ben-Shlomo
Ms Osnat Ronen;
to appoint Mr Arik Dayan as a director of the Company;
to approve the entering into of the exemption and indemnification agreement between the Company and Mr Dayan, in a form to be produced to the AGM (which is substantially in the form previously approved by the shareholders of the Company in respect of existing directors);
to approve the terms of the Company's bonus scheme for members of senior management, in the form set out in appendix 1 to this circular (the "Bonus Scheme");
to approve a bonus of NIS 60.000 for Tal Yeshua, the chairman of the Board, in respect of the Year 2008; and
to authorise the Company to extend its directors' and officers' liability insurance policy in the current level of expenses.
The Reports and Accounts of the Company for the year ended 31 December 2008 have been posted to shareholders today, 19 June 2009. Copies will be made available at the registered office of Amiad:
D.N. Galil Elyon 1
12335
Israel
The Reports and Accounts will also be available on the Company's website: www.amiad.com
Enquiries:
| Amiad Filtration Systems Ltd. | |
| Tal Yeshua, Chairman Arik Dayan, Chief Executive Officer | +972 4 690 9500 |
| Corfin Communications | |
| Harry Chathli, Victoria Ward | + 44 20 7977 0020 |