TRCN.L Regulatory News (TRCN)

PJSC TransContainer

27 July 2017

Notice of decisions of the Board of Directors

On 26 July 2017, the Board of Directors of PJSC TransContainer (TRCN) (the "Company") passed the following resolutions: 

1. To appoint Mr. Andrey Starkov as Chairman of the Board of Directors of PJSC TransContainer and Mr. Alexander Panchenko as Deputy Chairman of the Board of Directors of PJSC TransContainer.

2. To nominate Mr. Richard Werner and Mr. Peter Lloyd O' Brien as the Board's Independent Directors, and Ms. Irina Shytkina as the Senior Independent Director.

3. To elect the Strategy Committee of the Board of Directors comprising the following members:

- Mr. Richard Werner

- Mr. Petr Baskakov

- Mr. Andrey Tonkikh

- Mr. Sergey Tugarinov

- Ms. Leila Mammed Zade

- Mr. Steven Hellman

To elect Mr. Sergey Tugarinov as Chairman of the Strategy Committee.

4. To elect the Audit Committee of the Board of Directors comprising the following members:

- Mr. Richard Werner

- Mr. Peter Lloyd O' Brien

- Ms. Irina Shytkina

- Ms. Irina Kostenets

- Mr. Alexander Panchenko

To elect Mr. Richard Werner as Chairman of the Audit Committee. 

5. To elect the Personnel and Remuneration Committee of the Board of Directors comprising the following members:

- Mr. Richard Werner

- Mr. Peter Lloyd O' Brien

- Ms. Irina Shytkina

- Ms. Irina Kostenets

- Ms. Leila Mammed Zade

To elect Ms. Irina Shytkina as the Chairperson of the Personnel and Remuneration Committee.

The biographies for the Company's Board members can be found at:

http://www.trcont.ru/the-company/governance/board-of-directors/ 

6. To approve PJSC TransContainer's capital participation in ZAO Logistika Terminal.

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About TransContainer

TransContainer (LSE ticker: TRCN) is the leading intermodal container transportation company in Russia with a market share of approximately 47%. It is the market leader in Russia by flatcar fleet size, container transportation by rail and rail-side container terminal throughput. As at 31 March 2017, it owned and leased 23,432 flatcars and 68,453 ISO containers. TransContainer also owns a network of rail-side container terminals, located at 44 railway stations across Russia and operates one terminal in Slovakia under a long-term lease agreement. The Company's joint venture JSC Kedentransservice ("Kedentransservice", or "KDTS") also operates 19 inland rail-side terminals in Kazakhstan. The Company's sales network comprises of 111 sales outlets in Russia, along with additional outlets across the CIS, Europe and Asia. TransContainer is listed at Moscow Exchange and LSE. The Company's major shareholder with 50% +2 shares is United Transportation and Logistics Company, established by Russian Railways, Belorussian Railway and Kazakhstan Temir Zholy.