REG - Telecom Egypt S.A.E - TE Invitation to Extra Ordinary General Assembly

Telecom Egypt Co SAEAnnouncement

05/03/2018 07:05

RNS Number : 6140G
Telecom Egypt S.A.E
05 March 2018
Telecom Egypt
Invitation to the Extra Ordinary General Assembly
Of
Telecom Egypt S.A.E
Scheduled to convene on Thursday, March 29, 2018
The Board of Directors of Telecom Egypt S.A.E (the "Company") has the privilege to invite the shareholders of the company to attend the Extra Ordinary General Assembly of the Company (First Meeting) scheduled to convene at 8:00 a.m., on Thursday, March 29, 2018, at the Conference Building of the Smart Village, at K 28 - Cairo Alexandria Desert Road, Egypt. In the event the requisite legal quorum for the validity of the first meeting is not met, then the Extra Ordinary General Assembly shall convene a second meeting.
Such is for purpose of discussion of the following agenda:
1. Considering the amendment of Article "21" of the Article of Association of the company.
We draw the shareholders' attention to the following:
(a) The Ordinary General Assembly shall not be validly held unless attended by the number of shareholders representing 50% of the Company's share capital.
(b) Each shareholder shall be entitled to attend the Extra Ordinary General Assembly of the shareholders either in person or by proxy to another shareholder who is not a member of the Board of Directors. To be valid, a proxy must be issued by means of a written power of attorney and the representative must be a shareholder. Any shareholder may not represent by proxy in the Extra Ordinary General Assembly a number of votes exceeding ten percent (10%) of the nominal shares of the Company's share capital or twenty percent (20%) of the shares present at the Meeting.
(c) Shareholders wishing to attend the General Assembly shall submit a certified statement issued by one of the bookkeeping companies indicating the shares they own and indicating that the balance of shares reflected in the statement has been blocked until completion of the General Assembly. The foregoing must be effected at least three days prior to the date of convening the Extra Ordinary General Assembly.
(d) Any questions concerning the items of the agenda to be presented to the General Assembly must be submitted in writing at the head office of the Company located at K 28 - Cairo Alexandria Desert Road, Smart Village, B7 Building, Egypt, the office of Investor Relations, 2nd Floor either by registered mail or hand delivery in exchange for a receipt at least three days prior to the date the General Assembly convenes.
(e) Discussions at the General Assembly shall be limited to the items on the agenda.
(f) Attendance of the General Assembly shall only be limited to the shareholders without being accompanied by any other parties and attendees must be present enough time before the General Assembly to allow for registration of attendance in the registers.
Chairman
Eng. Magued Osman

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