REG - X5 Retail Group N.V - X5 Retail Group N.V. to hold EGM - 1 November 2024

X5 Retail NVAnnouncement

26/09/2024 16:45

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20240926:nRSZ8753Fa&default-theme=true

RNS Number : 8753F  X5 Retail Group N.V.  26 September 2024

X5 RETAIL GROUP N.V. TO HOLD EGM ON 1 NOVEMBER 2024

 

Amsterdam, 26 September 2024 - X5 Retail Group N.V. (the "Company", LSE
ticker: FIVE)  invites the Company's shareholders and holders of global
depository receipts ("GDR holders") to an Extraordinary General Meeting of
Shareholders (the 'EGM') to be held at Zuidplein 196, 1077 XV Amsterdam, The
Netherlands at 11.00 am CET on Friday, 1 November 2024.

 

The record date for GDR holders eligible to participate in the EGM is 4
October 2024.

 

The key agenda item to be discussed at the EGM is the consultation with GDR
holders with respect to the Company's shareholding in X5 Corporate Center PJSC
(formerly X5 Corporate Center LLC, hereinafter "X5CC"), which shareholding was
transferred to X5CC as per the decision of the Moscow Court of Arbitration
pursuant to Russian Federal Law No. 470-FZ. GDR holders are requested to
express their preference by voting for one of the following options that are
described in more detail in the convocation materials:

A.    The Company recuperates 10,22%  1  (#_ftn1) of the shares in X5CC
(the "Remaining X5CC Shares")

Or

B.    The Company opts to receive a cash compensation for the Remaining
X5CC Shares

Or

C.    Abstain

 

As it is currently not possible to distinguish between voting instructions
received from GDR holders  -or their ultimate beneficial owners- that have
received, directly or indirectly, shares in X5CC ("X5CC Shareholders") and
other GDR holders, the Company requests all X5CC Shareholders to vote
"abstain". The X5CC Shareholders have a direct interest in X5CC and should
therefore no longer exercise (or direct the exercise of) any shareholder
rights in the Company and/or benefit from any proceeds resulting from the
Company.

The Company requests all GDR holders that are not X5CC Shareholders and that
wish to exercise their shareholder rights in the Company, including the right
to receive future proceeds, to complete the Declaration Form attached to this
convocation and return it to the Company by 31 December 2024 either by
ordinary mail or to info@x5.com (mailto:info@x5.com) . Any GDR holder
returning the form is requested to provide certified evidence of ownership,
including chain of ownership for GDRs acquired after 3 May 2024 to make sure
that such GDRs were not acquired from X5CC Shareholders.

The EGM agenda, together with explanatory notes and the Declaration Form, is
available on the Company's website at:
https://x5.com/en/general-meeting-of-shareholders/
(https://x5.com/en/general-meeting-of-shareholders/)

 

For further inquiries, please contact:

 

X5 Retail Group N.V.

Tel: +31 (0)85 7730085

Email: info@x5.com (mailto:info@x5.com)

www.x5.com

 

 

 

Forward-looking statements

This announcement includes statements that are, or may be deemed to be,
"forward-looking statements". These forward-looking statements can be
identified by the fact that they do not only relate to historical or current
events. Forward-looking statements often use words such as "anticipate",
"target", "expect", "estimate", "intend", "expected", "plan", "goal",
"believe", or other words of similar meaning.

By their nature, forward-looking statements involve risk and uncertainty
because they relate to future events and circumstances, a number of which are
beyond X5 Group N.V.'s control. As a result, actual future results may differ
materially from the plans, goals and expectations set out in these
forward-looking statements.

Any forward-looking statements made by or on behalf of X5 Group N.V. speak
only as of the date of this announcement. Save as required by any applicable
laws or regulations, X5 Retail Group N.V. undertakes no obligation publicly to
release the results of any revisions to any forward-looking statements in this
document that may occur due to any change in its expectations or to reflect
events or circumstances after the date of this document.

 

For further contact: info@x5.com (mailto:info@x5.com)

 

 

 1  (#_ftnref1) Percentage based on information provided by X5CC as to the
number of GDR holders who have assumed direct ownership in  X5CC

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  NOGEASNKADELEFA