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28 Feb 2013 15:32
Date and agenda of Board of Directors
OJSC LSR Group (LSE: LSRG; MICEX, RTS: LSRG), hereinafter - "LSR Group", announces meeting of the Board of Directors on March, 4, 2013. Agenda:
1. LSR Group financial statements 2012 (RAS) review.
2. Preliminary approval of LSR Group annual report 2012, prepared in accordance with the FMSS requirements.
3. Recommendations on profit distribution for 2012 including dividend pay-out.
4. Recommendations on the auditors of LSR Group IFRS and RAS financial statements for 2013 including auditors' fee.
5. Valuation of LSR Group assets, which can be directly or indirectly expropriated according to the Annexations to the Guarantee Agreements, Share Pledge Agreement and Subsequent Share Pledge Agreement between LSR Group and State Corporation Bank of Development and Foreign Economic Activity (Vnesheconombank).
6. Proposal to include an item on authorization of transactions according to the Article 83 of the RF Federal Law on Joint Stock Companies into the AGM agenda.
7. Proposal to include an item on approval of the revised Regulation on the Board of Directors of LSR Group into the AGM agenda.
8. Review of the proposals regarding items to be included into the agenda of Annual General Shareholders Meeting of LSR Group. Final AGM agenda.
9. Review of the proposals regarding candidates to LSR Group Board of Directors and revision commission for their election at the AGM. Final election list for the mentioned above bodies.
10. Process to inform the persons entitled to participate in the AGM of LSR Group about holding of AGM.
11. Information to be provided to the persons entitled to participate in the AGM of LSR Group.
12. The form and text of the voting ballot for AGM of LSR Group.
13. Approval of the Chairman and secretary of AGM of LSR Group.
14. Review of the decision by the revision commission regarding 2012 results of LSR Group.
15. Appointment of the secretary of LSR Group.
16. Transactions' approval in accordance with the Charter of LSR Group.
Note to Editors:OJSC LSR Group is a real estate development and building materials company founded in 1993 and operating in a number of complementary market segments. Its core business areas are production of building materials, real estate development and panel construction.LSR Group's main operations are located in St. Petersburg, Moscow and Yekaterinburg.As of 31 December 2011 (according to Cushman & Wakefield Russia), the net sellable area of the projects in LSR Group's real estate portfolio is equal to 8.4m m2 with the market value of RUB 124bn.In 2011, the sales revenues of LSR Group were RUB 51,910m (IFRS).LSR Group is a public company, with its GDRs traded on the London Stock Exchange and its ordinary shares traded on MICEX-RTS.For more details please contact:LSR Group Press ServiceTel.: +7 812 314 10 44Fax: +7 812 458 83 72E-mail: press@lsrgroup.ruwww.lsrgroup.ru
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