TMT Investments PLC Notice of AGM (6098Z)

TIDMTMT

RNS Number : 6098Z

TMT Investments PLC

16 March 2017

16 March 2017

TMT INVESTMENTS PLC

("TMT" or the "Company")

Notice of Annual General Meeting

TMT announces that a circular to shareholders containing notice of the Annual General Meeting of the Company (AGM) is now available in the Investor Relations section of the Company's website, www.tmtinvestments.com.

The AGM will be held at 75/9 Leninskiy prospect, 119261, Moscow, Russia on Wednesday 12th April 2017 at 1.00pm (Moscow time) to consider and vote on the following resolutions, of which resolutions 1 to 5 (inclusive) are ordinary resolutions and resolutions 6 and 7 are special resolutions:

Ordinary Business

1. To receive the accounts of the Company for the year ended 31 December 2016 together with the directors' report pursuant to Article 105 of the Companies (Jersey) Law 1991 (as amended).

2. To receive the statement of the auditors made pursuant to Article 113A of the Companies (Jersey) Law 1991 (as amended).

3. To approve the recommendation of the directors that no final dividend be declared in respect of the year ended 31 December 2016.

4. To reappoint James Mullins retiring as a director in accordance with the Company's articles of association and, being eligible, offering himself for reappointment as a director of the Company.

5. To appoint UHY Hacker Young LLP as auditors of the Company in accordance with Article 113 of the Companies (Jersey) Law 1991 (as amended), until the conclusion of the next general meeting of the Company at which audited accounts are laid before members and to authorise the directors to determine their remuneration.

Special Business

6. To grant the directors authority to issue and allot, or to agree and allot before the next annual general meeting of the Company, such number of issued ordinary shares in the Company (Ordinary Shares) as in aggregate is equivalent to but not exceeding fifty per cent (50%) of the total number of Ordinary Shares in issue immediately before the AGM.

7. To grant the directors authority to make one or more purchases of Ordinary Shares on such terms and in such manner as the board of directors may from time to time determine, provided that:

(a) the maximum number of Ordinary Shares authorised to be purchased shall not exceed ten per cent (10%) of the total number of Ordinary Shares in issue immediately before the AGM (Authorised Shares);

(b) the maximum price which may be paid for any such Authorised Shares shall not exceed the middle market quotations within 5 days preceding the date of effective purchase;

(c) the minimum price that may be paid for an Authorised Share is the nominal value of such Authorised Share; and

(d) unless otherwise varied, renewed or revoked, the authority hereby conferred shall expire on the conclusion of the next annual general meeting of the Company held after the passing of this resolution or 18 months after the date of its passing (whichever shall first occur), except that the Company may, before such expiry, enter into a contract or contracts for the purchase of Authorised Shares which may be completed by or executed wholly or partly after the expiration of this authority.

The last date for receipt of completed forms of proxy for use at the AGM (in accordance with the terms thereof) will be 13:00 (Moscow time) on 10 April 2017.

For further information contact:

 
TMT Investments Plc            [phone] 
 Alexander Selegenev            [e-mail] 
 www.tmtinvestments.com 
ZAI Corporate Finance 
 Ltd. 
 NOMAD 
 Peter Trevelyan-Clark/Jamie 
 Spotswood                     [phone] 
Hybridan LLP 
 Broker 
 Claire Louise Noyce           [phone] 
Kinlan Communications          Tel. [phone] 
 David Hothersall               [e-mail] 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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March 16, 2017 03:05 ET (07:05 GMT)