Having in mind the opinion of the Institute of Public Health of Montenegro for compliance with the recommendations for prevention of new coronavirus during the General Meeting and pursuant on Article 37 paragraph 2 of the Companies Act (“OG of RMNE” no. 6/02 and “OG MNE” no. 17/07, 80/08, 40/10, 36/11 and 40/11), Article 27 paragraph 3 of JUGOPETROL AD Articles of Association and Resolution of the Board of Directors of the Company on Change of Venue and Amendments to the Agenda Ref. 27018, dated 5th June 2020, the Board of Directors of the Company announces
NOTICE
ON CHANGE OF VENUE AND AMENDMENTS TO THE
AGENDA
OF THE ANNUAL GENERAL MEETING OF JUGOPETROL
AD
I. The
shareholders of JUGOPETROL AD are hereby informed that the Annual General
Meeting of Shareholders of Jugopetrol AD, which is scheduled by the Resolution
on Convening Annual General Meeting Ref: 15084 dated 30 March 2020 and postponed
for 18 June, 2020 (Thursday) starting at 12:00, at the headquarters of the
Company by the Resolution Ref. 22949 dated 14 May 2020, shall be held on the
same day i.e. 18 June, 2020 (Thursday) starting at 12:00 at the new address: hotel CentreVille, The Grand Room, Cetinjska 7,
The Capital Plaza, 81000 Podgorica.
II. The shareholders of JUGOPETROL AD are hereby informed that the agenda of the Annual General Meeting of Shareholders scheduled for 18 June, 2020 has been expanded in the way that Item 1 of the proposed agenda was amended to read as follows:
a) Election of following working bodies:
Chairman of the Annual General Meeting, Voting Data Committee, Recording Secretary and the
Minutes’ verification shareholder;
b) Approval of the Attendance of the Board of
Directors Members via Electronic Means;”
1. Opening of the Annual
General Meeting and:
a)
Election of following working bodies:
Chairman of the Annual General Meeting, Voting Data Committee, Recording
Secretary and the Minutes’ verification shareholder;
b)
Approval of the Attendance of the Board of
Directors Members via Electronic Means;
2. Approval of Financial Statements of JUGOPETROL AD with independent Auditor’s Report for the year 2019;
3. Approval of Annual
Business Report of JUGOPETROL AD for the year 2019;
4. Approval of Resolution on
Profit Allocation for the year 2019;
5. Appointing independent Auditor
for the year 2020;
6. Releasing members of the
Board of Directors;
7. Electing members of the
Board of Directors.
I. Resolutions under all items of the Agenda, except for item 7, shall be taken by majority of votes of shareholders who attend the Annual General Meeting or who are represented by proxy provided that the General Meeting of Shareholders is attended by shareholders holding at least 1/2 of the total number of shares (2.326.986 out of total 4.653.971 shares). Resolution under item 7 of the Agenda shall be passed by cumulative voting.
II. Hereby we
kindly remind shareholders that the materials and resolution proposals for the
Annual General Meeting of Shareholders have been made available as of 7 May
2020 and that the materials and resolution proposals as to the extended agenda shall
available as of the day of publication of this Notice.
The shareholders can have access to the overall documents on every business day from 8am till 4pm at the premises of the Company HQs at Stanka Dragojevica bb, 81000 Podgorica and on the website of the Company www.jugopetrol.co.me.
III. Shareholders may exercise their shareholders rights at the Annual General Meeting of Shareholders in person, by proxies or by voting with the voting ballots certified by a competent authority in accordance with the legislation in force.
IV. The procedure for identification of shareholders and verification of the documents on whose basis shareholders may attend the meeting shall be done at hotelu CentreVille, The Grand Room, address Cetinjska 7, The Capital Plaza, 81000 Podgorica, from 10:00 to 11: 00 on the day of the Meeting.
V. This Notice shall be available to the shareholders of the Company on the website: www.jugopetrol.co.me and for all additional information regarding Annual General Meeting please contact: +382 20 401 802.
Chairman of the Board
of Directors
Konstantinos Mademlis
You can download the materials, proposals of resolutions, ballots and proxy forma for the Annual General Meeting of Shareholders on the following page.