The annual general meeting of shareholders of AS Trigon Property Development (registration code: 10106774; hereinafter the “Company”) Took place on June 4, 2021 in Tallinn, Pärnu mnt 18.
The annual general meeting started at 2:00 p.m. 2,608,419 votes represented by the shares of the Company, or 57,9770% of all the votes represented by the shares of the Company, participated in the meeting. Therefore, the annual general meeting was competent to adopt resolutions concerning the items on the agenda.
Resolutions of the Annual General Meeting:
1. Approval of the Company’s annual report for fiscal year 2020
Approve the annual report of the Company for the financial year 2020, in accordance with which the value of the consolidated balance sheet of the Company at December 31, 2020 was 2,497,679 euros and the net profit for the year was 347,893 euros.
2. Appropriation of the result for the 2020 financial year
To transfer the consolidated net profit of the Company for the financial year 2020, in the amount of 347,893 euros to the loss of the previous periods.
3. Appointment of the statutory auditor for the 2021 financial year and determination of the remuneration policy for the Auditor
Appoint AS PricewaterhouseCoopers (registration code: 10142876, address: Pärnu mnt 15, 10141 Tallinn) as auditor of the Company for the financial year 2021. The audit services will be remunerated in accordance with the contract to be established with the auditor to accounts.
4. Extension of the term of office of a member of the Supervisory Board
With regard to the expiration of the mandate of the member of the Supervisory Board of the Company Joakim Johan Helenius, to extend the mandate of the member of the Supervisory Board of the Company Joakim Johan Helenius by five (5) period of one year.
5. Modification of the Company’s articles of association
With regard to the reduction of the Company’s share capital, amend the Articles of Association of the Company and approve the Articles of Association in the wording presented to the general meeting of shareholders.
6. Reduction of the Company’s share capital
Reduce the Company’s share capital under the following conditions:
(i) Reduce the Company’s share capital by 1,849,114.07 euros, from 2,299,020.17 euros to 449,906.10 euros.
(ii) The share capital will be reduced by reducing the book value of the shares: as a result of the reduction, the book value of the Company’s share will decrease by 0.411 euros, from 0.511 euros to 0.10 euros. The number of shares will remain the same (4,499,061);
(iii) When the share capital is reduced, a monetary payment of 0.089 euro per share will be paid to the shareholders. Payments to shareholders are made under the conditions provided for by law;
(iv) The reason for the reduction of the share capital is the fact that the Company does not need, for the moment or in the near future, to hold any share capital within the limit of the registered amount; and
(v) The list of shareholders participating in the share capital reduction will be finalized on June 18, 2021 at 11.59 p.m.
The minutes of the general meeting of shareholders are available on the Company’s web page at http://www.trigonproperty.com/.
Member of the Management Board
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