Last checked at 19 May 2009 07:00
19 May 2009
Ferrexpo plc ("Ferrexpo" or the "Company")
Notice of Requisitioned General Meeting
The Board of Ferrexpo announces that a circular convening a general meeting (the "General Meeting") is being posted to shareholders today.
On 28 April 2009, the Company received a requisition notice from Hanover Nominees Limited, being a shareholder of the Company holding not less than one tenth of the paid up share capital of the Company, pursuant to section 303 of the Companies Act 2006, requesting the board of directors of the Company (the "Board") to convene a general meeting. Under company law, Ferrexpo is obliged to put the resolutions proposed by the Hanover Nominees Limited to a general meeting of shareholders. The purpose of the general meeting is to propose separate resolutions (the "Resolutions") to appoint Mr. Gennadiy Bogolyubov and Mr. Gregory Gurtovoy as directors of the Company.
The circular sets out the Resolutions and the Board's unanimous recommendation that shareholders should vote against them, as each of the Directors intends to do so in respect of his own shareholding.
The General Meeting is to be held at 10.00 am on Friday 12 June 2009 at the offices of Dewey & LeBoeuf, 8th floor, No 1 Minster Court, Mincing Lane, London EC3R 7YL.
Copies of the circular are being submitted to the UK Listing Authority today and will be available for inspection by the public during normal business hours on any week day (public holidays excepted) at the UK Listing Authority's Document Viewing Facility, which is situated at the Financial Services Authority, 25 The North Colonnade, Canary Wharf, London E14 5HS.
For further information, please contact:
Gavin Mackay
Group Manager - Business Development
Ferrexpo plc
Tel: +44 207 389 8300