русский

Mostotrest Board approves EGSM documentation

12/01/21  

An Extraordinary General Shareholders Meeting (EGSM) of Mostotrest PJSC will be held on February 19, 2021 in the form of absentee voting. The decision to convene the meeting was made by the Board of Directors of Mostotrest at its first meeting this year. The Board members approved the agenda and draft documents to be submitted for consideration by shareholders.

Specifically, the Board has submitted to the upcoming EGSM the issue of amending the Company's Articles of Incorporation and the Regulation on the Board of Directors, as well as approved new versions of the corresponding draft documents. In particular, the Board has voted to reduce its membership to 7 directors, in order to ensure the Board efficiency, comply with corporate governance standards and reflect the scale of the Company’s business.

The record date for participation in the EGSM is set for January 26, 2021.