The Management Board of EfTEN Kinnisvarafond II AS (registry code 12781528; hereinafter the
\n\u201cFund\u201d) announces, that the Annual General Meeting of Shareholders shall be held on April 11th 2017
\nat 10:00 AM at the Radisson Blu Sky Hotel Conference Center (2nd floor, Tallinn, R\u00e4vala pst 3).
\nPursuant to the Decision of the Supervisory Board of the Fund, the agenda of the Annual General
\nMeeting of Shareholders shall be as follows:
\n1. Overview of the activities of the Fund
\n2. Approval of 2016 Annual Report
\n3. Distribution of profit
\n_________________________________________________________________________________
\nThe Supervisory Board and the Management Board of the Fund present the following proposals to the
\nshareholders regarding the agenda items:<\/p>\n
1. Overview of the activities of the Fund:
\nThe Management Board shall provide overview of the activities of the Fund. This item is informative.<\/p>\n
2. Approval of 2016 Annual Report:
\nThe Annual Report has been audited by PricewaterhouseCoopers. The Supervisory Board approved
\nthe Annual Report and prepared the Supervisory Board report.
\nDraft of resolution: To approve the 2016 Annual Report.<\/p>\n
3. Distribution of profit:
\nThe Supervisory Board approved the profit distribution proposal of 2016 of the Fund, presented by the Management Board.
\nDraft of resolution: Distributable profit as at 31.12.2016 in amount of 11 249 231 euros distribute as follows:
\nTransfers to the legal reserve in amount of 525 424 euros;
\nA part of the profit of the Fund shall be paid out as (net) dividends in amount of 4 000 000 euros.
\nThe profit of the Fund in amount 6 723 807 euros shall be included in retained earnings of previous
\nperiod. The list of shareholders with a right to receive dividends shall be fixed as at 11 April 2017 at 23.59.
\nDividends shall be paid to the bank accounts of shareholders via bank transfer on 17 April 2017.<\/p>\n
Additional information:
\nThe list of shareholders entitled to participate at the annual general meetings shall be determined at
\nthe end (23.59) of the fifth working day prior to the general meeting.
\nAll documents concerning the Annual General Meeting of the Shareholders, including draft
\nresolutions, the 2016 Annual Report, the auditor\u2019s report, the profit distribution proposal, and the report
\nof the Supervisory Board will be made available to the shareholders at the office of the Fund in Tallinn,
\nat A. Lauteri 5 (III floor), on workdays from 9:00AM till 4:00PM until the day of the General Meeting.
\nAt the General Meeting, the shareholders are entitled to receive information on the activities of the
\nFund from the Management Board. If the Management Board of the Fund refuses to provide
\ninformation, the shareholders may demand that the General Meeting decide on the legitimacy of their
\ndemand, or submit, within two weeks, an application to court in proceedings on petition to require the
\nManagement Board to provide the information.
\nShareholders, whose shareholding represents at least 1\/10 of the share capital, may request for
\nadditional items to be added to the agenda of the General Meeting, if the respective request is
\nsubmitted in writing at least 15 days prior to the General Meeting. Shareholders, whose shareholding
\nrepresents at least 1\/10 of the share capital, may submit their draft resolutions to each agenda item,
\nincl. additional agenda items in writing up to 3 days before the General Meeting. \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0\u00a0 \u00a0\u00a0\u00a0\u00a0\u00a0 Registering to participate in the General Meeting will start at 09.30AM on April 11th 2017. To register,
\nwe kindly ask shareholders to present an ID document and the representative of the shareholder
\nadditionally to present a signed Power of Attorney or other documents validating representation. In
\ncase Fund\u2019s shareholder is a legal person registered in a foreign country, then the valid excerpt of the
\nregistry card must be either legalized or authenticated with a document certificate apostille and
\ntranslated to Estonian.
\nWe kindly ask you to send a confirmation of receipt of the Annual General Meeting invitation without
\ndelay on your choice in writing (at the address Tallinn, A. Lauteri 5) or electronically
\n(viljar.arakas@eften.ee).<\/p>\n","protected":false},"excerpt":{"rendered":"
The Management Board of EfTEN Kinnisvarafond II AS (registry code 12781528; hereinafter the \u201cFund\u201d) announces, that the Annual General Meeting of Shareholders shall be held on April 11th 2017 at 10:00 AM at the Radisson Blu Sky Hotel Conference Center (2nd floor, Tallinn, R\u00e4vala pst 3). Pursuant to the Decision of the Supervisory Board of […]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[34],"tags":[],"class_list":["post-2975","post","type-post","status-publish","format-standard","hentry","category-eften-kinnisvarafond-ii-news"],"yoast_head":"\n