ENP Newswire -
Release date- 14082014 -
The record date for the meeting is
The agenda of the meeting is as follows:
1. To elect Mr.
2. To re-elect Ms.
3. To authorize Mr.
4. To approve modification in the terms of procurement of directors' and officers' liability insurance policy and
5. To approve the reappointment of
In addition to adopting the above resolutions, at the meeting the Company will (i) present and discuss the financial statements of the Company for the year ended
Items 1 to 5 require the approval of a simple majority of the shares voted on the matter; provided that with respect to Item 3 either (i) the shares voted in favor of the matter include at least two-thirds of the shares voted by shareholders who are not 'controlling shareholders' or do not have a 'personal interest' (as such terms are defined in the Companies Law) in approving the resolution or (ii) the total number of shares voted against such matter by shareholders who are not controlling shareholders or have a personal interest as aforesaid does not exceed 2% of the Company's voting power.
In the absence of requisite quorum of shareholders in the meeting, the meeting shall be adjourned to the same day in the next week, at the same time and place, unless otherwise determined at the meeting in accordance with the Company's Articles of Association.
In accordance with the Companies Law, (i) position statements with respect to any of the proposals at the meeting must be delivered to the Company no later than 10 days following the record date and (ii) eligible shareholders, holding at least 1% of our outstanding ordinary shares, may present proper proposals for inclusion in the meeting by submitting their proposals to the Company no later than one week following the date hereof and, if the Company determines that a shareholder proposal is appropriate to be added to the agenda in the meeting, the Company will publish a revised agenda in the manner set forth below.
Additional Information and Where to Find It
In connection with the meeting,
This press release may contain statements concerning
These statements are based on current expectations and projections that involve a number of risks and uncertainties. There can be no assurance that future results will be achieved, and actual results could differ materially from forecasts and estimates. These risks and uncertainties, as well as others, are discussed in greater detail in
Forward-looking statements speak only as of the date on which they are made and
Tel: +1 201-785-3206
Most Popular Stories
- Toxic Algae Threatens Florida Fishing, Tourism
- Hispanic Groups Lead Voter Registration Drive
- Eva Mendes Gives Birth to a Baby Girl
- Fed Signals It Will Keep Key Rate at Record Low
- Stocks Rise Before Fed Statement
- Occupy Wall Street Buys Up Student Debt
- FedEx Adding 50,000 Holiday Jobs
- Plus-Size iPhones Live Up to The Hype
- Cool Features on Today's New iOS 8
- Kohl's Hiring 67,000 for the Holidays