General Meeting of Shareholders of FairPlay Properties REIT. - 2006-06-06
At the General Meeting of Shareholders of FairPlay Properties REIT-Sofia, BSE code - FPP, held on 06.06.2006, the following decisions have been taken:
- Approval of the report of the management bodies about the activities of the company in 2005
- Approval of the annual financial statement of the company for 2005
- Approval of the report of the specialised auditing company about the verification of the annual financial statement of the company for 2005
- Election of a certified public accountant
- Approval of the report of the Investor Relations Director
- Exemption from liability of the members of the management bodies for their activity in 2005
- Moving the registered office of the company to Sofia, 51b Cherni vrah Blvd.
- Amendments to the Statute of the company
- Approval of a decision for making deals pursuant to Art. 114 of the POSA, in specific:
The Board of Directors of FairPlay Properties REIT shall acquire from the owner Ivan Rilski Properties OOD, for the benefit of the company, the following title:
Title on a real estate No 089021 as per the town planning map of Bansko, Sveti Ivan neighbourhood, with total area of 13,246 sq. m. and adjacent road aside and/or ideal parts of it.
- The GMS decides the deals subject of authorisation as per the foregoing item to be financed in one and/or a combination of any of the methods listed below:
Raising funds through crediting on amount up to EUR 20 million;
Raising funds through increase of the company capital;
Raising funds through a bond issue
- No distribution of dividend for 2005.