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IAR SA Brasov - IARV

OGSM resolutions 28.09.2017

Release Date: 9/28/2017 2:05:17 PM

IRIS Code: E084E

CURRENT REPORT

as per the CNVM Regulation No.  1/2006 regarding the issuers and securities operations, art. 113 A, paragraph c

 

Date of the report: 28.09.2017

Name of the issuing entity: IAR S.A. Company

Social headquarters: 34, Hermann OBERTH Street, Ghimbav, county of Brasov

Telephone / Fax number: 0268475108/0268476981

Sole Registration Code with the Trade Registry Office: 1132930

Order Number with the Trade Registry: J08/IV/1991

Social capital registered and deposited: 47.197.132,50 lei

The regulated market onto which transactions of issued securities are traded: The Stock Exchange Bucharest, Capital titles sector – Shares Standard Category

I. Important events to be reported: OGMS 27-28.09.2017

The Ordinary General Meeting of the Shareholders took place on 28.09.2017, the date of the second call. The meeting was attended by shareholders/representatives of the shareholders holding 12.250.736 shares of the Company IAR SA, representing 64,8913 % of the total number of company shares. In addition to them, one of the IAR’s shareholders, holding 863.212 shares, sent his vote by correspondence.
The meeting agenda was:

1.      Launching of the selection procedure for the members of the Board of Directors of IAR SA, applying the provisions of art. 3, item 7 of the Emergency Ordinance no. 109/2011 on Corporate Governance of Public Enterprises, approved with amendments and completions by Law no. 111/2016, respectively the Ministry of Economy will propose candidates for the positions of members on the Board of Directors on the basis of a preliminary selection made by a Selection Committee

2.      Choosing an Administrator

3.      Establishing the term of the mandate of the elected administrator until 09.12.2017, but no later than the date of election of the administrators according to the provisions of OUG no. 109/2011 on Corporate Governance of Public Enterprises, approved with amendments and completions by Law no. 111/2016

4.      Approval of the date of 17.10.2017 as registration date, i.e. identification of the shareholders to be affected by the efects of the ordinary general shareholders’ meeting held on the 27/28.09.2017 and of the date of 16.10.2017 as an ex-date, in conformity with the provisions of Law No. 24/2017.

 

The decisions taken by vote after analyzing the presented documents are the following:

1. Launching of the selection procedure for the members of the Board of Directors of IAR SA, applying the provisions of art. 3, item 7 of the Emergency Ordinance no. 109/2011 on Corporate Governance of Public Enterprises, approved with amendments and completions by Law no. 111/2016, respectively the Ministry of Economy will propose candidates for the positions of members on the Board of Directors on the basis of a preliminary selection made by a Selection Committee.

The vote was expressed as follows:

the total number of the expressed votes:

13.113.948

 

 

 

out of which:

FOR

AGAINST

ABSTENTION

 

Shareholders present and/or represented

12.250.736

0

0

 

Shareholders who sent their vote by correspondence/registered post

863.212

0

0

 

SUBTOTAL

13.113.948

0

0

 

 

 

 

 

 

representing the following percentages of the total number of shares of the company

 

TOTAL:

69,4637

%

 

out of which:

FOR

AGAINST

ABSTENTION

 

Shareholders present and/or represented

64,8913

0

0

 

Shareholders who sent  their vote by correspondence/registered post

 4,5724

0

0

 

SUBTOTAL

69,4637

0

0

 

representing the following percentages of the total number of shares represented-OGMS 28.09.2017

 

TOTAL:

100

%

 

 

out of which:

FOR

AGAINST

ABSTENTION

 

Shareholders present and/or represented

93,4176

0

0

 

Shareholders who sent their vote by correspondence/registered post

6,5824

0

0

 

SUBTOTAL

100

0

0

 

                                 
 

2. Choosing the interim administrator Alexandru BUSCU – in concordance with the secret voting ballot

The vote was expressed as follows:

the total number of the expressed votes:

13.113.948

 

 

 

out of which:

FOR

AGAINST

ABSTENTION

 

Shareholders present and/or represented

12.250.736

0

0

 

Shareholders who sent their vote by correspondence/registered post

863.212

0

0

 

SUBTOTAL

13.113.948

0

0

 

 

 

 

 

 

representing the following percentages of the total number of shares of the company

 

TOTAL:

69,4637

%

 

out of which:

FOR

AGAINST

ABSTENTION

 

Shareholders present and/or represented

64,8913

0

0

 

Shareholders who sent  their vote by correspondence/registered post

 4,5724

0

0

 

SUBTOTAL

69,4637

0

0

 

 

 

 

 

 

representing the following percentages of the total number of shares represented-OGMS 28.09.2017

 

TOTAL:

100

%

 

 

out of which:

FOR

AGAINST

ABSTENTION

 

Shareholders present and/or represented

93,4176

0

0

 

Shareholders who sent their vote by correspondence/registered post

6,5824

0

0

 

SUBTOTAL

100

0

0

 

                                 

 

3. Establishing the term of the mandate of the elected administrator until 09.12.2017, but no later than the date of election of the administrators according to the provisions of OUG no. 109/2011 on Corporate Governance of Public Enterprises, approved with amendments and completions by Law no. 111/2016

The vote was expressed as follows:

the total number of the expressed votes:

13.113.948

 

 

 

out of which:

FOR

AGAINST

ABSTENTION

 

Shareholders present and/or represented

12.250.736

0

0

 

Shareholders who sent their vote by correspondence/registered post

863.212

0

0

 

SUBTOTAL

13.113.948

0

0

 

 

 

 

 

 

representing the following percentages of the total number of shares of the company

 

TOTAL:

69,4637

%

 

out of which:

FOR

AGAINST

ABSTENTION

 

Shareholders present and/or represented

64,8913

0

0

 

Shareholders who sent  their vote by correspondence/registered post

 4,5724

0

0

 

SUBTOTAL

69,4637

0

0

 

 

 

 

 

 

representing the following percentages of the total number of shares represented-OGMS 28.09.2017

 

TOTAL:

100

%

 

 

out of which:

FOR

AGAINST

ABSTENTION

 

Shareholders present and/or represented

93,4176

0

0

 

Shareholders who sent their vote by correspondence/registered post

6,5824

0

0

 

SUBTOTAL

100

0

0

 

                                 

4. The approval of date 17.10.2017 as the registration and identification date of the shareholders who are affected by the resolutions of the Ordinary General Meeting of the Shareholders dated 27.09.2017, and of the date 16.09.2017 as ex-date, in accordance with the provisions of Law No. 24/2017.

The vote was expressed as follows:

the total number of the expressed votes:

13.113.948

 

 

 

out of which:

FOR

AGAINST

ABSTENTION

 

Shareholders present and/or represented

12.250.736

0

0

 

Shareholders who sent their vote by correspondence/registered post

863.212

0

0

 

SUBTOTAL

13.113.948

0

0

 

 

 

 

 

 

representing the following percentages of the total number of shares of the company

 

TOTAL:

69,4637

%

 

out of which:

FOR

AGAINST

ABSTENTION

 

Shareholders present and/or represented

64,8913

0

0

 

Shareholders who sent  their vote by correspondence/registered post

 4,5724

0

0

 

SUBTOTAL

69,4637

0

0

 

 

 

 

 

 

representing the following percentages of the total number of shares represented-OGMS 28.09.2017

 

TOTAL:

100

%

 

 

out of which:

FOR

AGAINST

ABSTENTION

 

Shareholders present and/or represented

93,4176

0

0

 

Shareholders who sent their vote by correspondence/registered post

6,5824

0

0

 

SUBTOTAL

100

0

0

 

                                 

 Based on the votes expressed, there were adopted the OGMS resolutions no. 07/28.09.2017 and 08/28.09.2017.

 

Ion Rares POPESCU - CHAIRMAN OF THE BOARD                                                                                  

Neculai BANEA - GENERAL DIRECTOR

 

 



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