Last checked at 13 Oct 2015 08:50
TRANSLATION FROM ARABIC
Invitation to
The Extraordinary General Meeting
EFG Hermes Holding S.A.E.
The Chairperson of the Board of Directors of EFG Hermes Holding S.A.E., an Egyptian joint stock company with authorized capital of EGP 6.0 billion (EGP six billion) and issued and paid-in capital of EGP 3,259,255,500 (Three billion two hundred fifty nine million, two hundred fifty five thousand and five hundred Egyptian Pounds), registered under no. 12665 at 6th October Commercial Registry of Giza, kindly invites its shareholders to attend the Company's Extraordinary General Meeting at 9:00 AM on 1st of November 2015 at "Joy Club" Ballroom of the Mövenpick Pyramids Hotel Giza, in order to deliberate upon the following items on the agenda:
The EGM will deliberate upon the following items on the agenda:
1. Approve the decrease of the Company's issued capital from EGP 3,259,255,500 to EGP 3,074,472,890 with an amount of EGP 184,782,610 through cancelling 36,956,522 treasury shares having a par value of EGP5 for every share;
2. Amending Articles (6) and (7) of the Company's Statutes in light of the corporate action proposed above;
In this respect, please note the following:
First: Each shareholder has the right to attend the General Meeting either in person, or by delegating another shareholder who is not a Board member. Delegation, to be valid, must be stated in a written proxy, and no shareholder, except for juridical persons, shall be entitled to represent, by proxy, a number of votes exceeding 10% of the total shares of the Company's capital and not to exceed 20% of the shares represented in the meeting.
Second: Shareholders who wish to attend the General Meeting must submit a statement of their shares deposited with a custodian, confirming that the balance of shares deposited have been temporarily blocked for the purpose of attending the meeting.
Third: Any questions regarding the issues reviewed by the Extraordinary General Meeting must be submitted in writing to the Company's management at the Head Office, either by registered mail or by hand delivery against receipt, at least three days prior to date of the General Meeting. Discussion in the General Meeting shall be limited to the issues listed in the agenda.
Fourth: Resolutions of the Extraordinary General Meeting shall be issued by a majority of three quarters of the shares represented in the meeting.
Fifth: This meeting will be considered valid with the representation of 50% of the Company's total outstanding shares. In the absence of such legal quorum, a second meeting will be called for within 30 days of the first meeting. The second meeting will be considered valid with the representation of 25% of the Company's total outstanding shares.
Sixth: Attendance of the meeting is restricted to shareholders with no accompanying guests. We would like to request the shareholders to arrive half an hour before the designated meeting time to allow for registration of attendance upon submission of identification documents and proxies.
Mona Zulficar
Chairperson of the Board of Directors
For further information
Investor Relations Department
Email: investor-relations@efg-hermes.com
Tel: +20 (0)2 35356710
Fax: +20 (0)2 3535 7017
Head of Investor Relations - Hanzada Nessim
Email: hnessim@efg-hermes.com
Tel: +20 (0)2 35356502
Fax: +20(0)2 3535 7017
www.efg-hermes.com