Moscow, Russia – March 7, 2017 – PJSC “Cherkizovo Group” (LSE: CHE; MOEX: GCHE)(hereinafter “Cherkizovo” or “the Company”), the largest vertically integrated meat and feed producer in Russia, today announces the results of its Board of Directors meeting, which was held on March 6, 2017.
The Board of Directors decided to call the Company’s Annual General Meeting of Shareholders (AGM) on April 11, 2017. The Board also approved the list of candidates to be elected as members of the Board of Directors at the AGM based on the proposals of the Company’s shareholders.
At the meeting, the Board approved the agenda of the AGM, set the record date of the AGM, approved the procedure of notifying shareholders of the AGM, approved the text and form of the notice to shareholders, and approved the list of materials to be made available to shareholders ahead of the AGM. The Board also approved the candidacies of the Chairman and the Secretary of the AGM.
The Board preliminarily approved the Company’s annual report. At the meeting, the Board also approved the report on interested party transactions concluded by Cherkizovo in 2016, the nominees to the Revision Committee, recommended the AGM to distribute the Company’s 2016 net profit as dividends and approved the remuneration of the auditor. The Board approved draft resolutions on the agenda issues of AGM as well as the form and text of the AGM voting ballots and the draft AGM resolutions to be circulated to the nominee shareholders.