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EANS-General Meeting: PI Power International Limited / Invitation to the General Meeting according to art. 107 para. 3 Companies Act

Published: August 9, 2017; 08:00 · (FriedlNews)

NOTICE is hereby given that the Annual General Meeting (the "Annual General Meeting") of PI Power International Limited (in liquidation) (the "Company") will be held at St. Paul's Centre, New Street, St. Helier, Jersey on 23 August 2017 at 12:00 pm (Jersey time).

General meeting information transmitted by euro adhoc with the aim of a Europewide distribution. The issuer is responsible for the content of this announcement.

09.08.2017

PI POWER INTERNATIONAL LIMITED (in liquidation) (incorporated with limited
liability under the laws of Jersey with registered

number 97789)
NOTICE OF ANNUAL GENERAL MEETING

NOTICE is hereby given that the Annual General Meeting (the "Annual General
Meeting") of PI Power International Limited (in liquidation) (the "Company")
will be held at St. Paul's Centre, New Street, St. Helier, Jersey on 23 August
2017 at 12:00 pm (Jersey time) to consider and, if thought fit, pass the

following resolutions:
ORDINARY RESOLUTIONS
1. Approval of the Company's accounts, directors' report and auditors' report
for the period 1 January 2016 to 31 December 2016.
2. Appointment of Grant Thornton Unitreu Wirtschaftsprüfungs- und
Steuerberatungs-GmbH as auditors to the Company.
3. Appointment of James P. Shinehouse as a director and Managing Director of
the Company.
4. Appointment of Richard Boléat as a director of the Company.
5. Appointment of George Baird as a director of the Company.
6. Appointment of Murdoch McKillop as a director of the Company.

SPECIAL RESOLUTIONS

7. Approval of the proposal that the Company prepare audited accounts for the
period 1 January 2017 to 30 June 2017.
8. Approval of the proposal that the Company do not prepare audited accounts
for the period from 1 July 2017 to its final dissolution.

At the time of the calling of the Annual General Meeting, the Company has an
issued share capital of Euro 600,000,000, which is divided into 60,000,000
fully paid ordinary shares with no par value. All 60,000,000 ordinary shares
carry a right to vote; at present there are no non-voting shares in issue. Each
ordinary share carries one vote. Thus, there are 60,000,000 votes at the time
of the calling of the Annual General Meeting. The Company holds 2,120,062 ADCs
representing shares in the Company at the time of the calling of the Annual
General Meeting, which each provide for a right to vote but such voting rights
will not be exercised at the Annual General Meeting.

Oesterreichische Kontrollbank Aktiengesellschaft ("OeKB") is a registered
shareholder of the Company holding on behalf of the holders of ADCs 59,999,997
of the issued ordinary shares; these shares are represented by 59,999,997 ADCs
with ISIN AT0000A05W59 which were issued to the public. Nicholas Hill, Meinl
Bank Aktiengesellschaft and Wolf Theiss Rechtsanwälte GmbH & Co KG are
registered shareholders and hold one share each.

Only registered shareholders of the Company have a right to attend and vote at
the Annual General Meeting. Because all shares held by Oesterreichische
Kontrollbank Aktiengesellschaft ("OeKB") are represented by Austrian Depository
Certificates ("ADCs"), the rights in respect of these shares are passed on by
OeKB to the holders of these ADCs. For the Annual General Meeting, the Company
has posted a specific form of proxy on its website www.powerinternational.eu.

Deadlines and information on the registration procedure for the Annual General
Meeting:

In order to attend and vote at the Annual General Meeting, an ADC holder has to
complete and sign the form of proxy provided by the Company and to be
downloaded from the website of the Company at www.powerinternational [http://
www.powerinternational/].eu. The completed and signed form of proxy has to be
submitted to the account holding bank for blocking of the ADCs and signature.
The completed original form of proxy, bearing the signatures of both the ADC
holder and the account holding bank has to be returned by the account holding
bank to the ADC holder. The form of proxy must be sent by facsimile
transmission by the account holding bank at the instruction of the ADC holder
to, and be received by, the Company at fax no. +43 (0)1 8900 500 66 by 12:00 pm
(Jersey time) / 1:00 pm (Austrian time) on 21 August 2017. Forms of proxy
received incorrectly completed or after the indicated time cannot be considered
for registration by the Company.

General instructions: Any ADC holder planning to attend the Annual General
Meeting in person as a proxy in respect of the ordinary shares to which his
ADCs relate does not need to indicate on the proxy form how he intends to vote.
An ADC holder can also appoint a third party as a proxy in respect of the
ordinary shares to which his ADCs relate to attend the Annual General Meeting
on his or her behalf and can instruct such third party on how to vote. Any ADC
holder who completes and returns the form of proxy in accordance with the
notice of the Annual General Meeting will be entitled to attend and vote either
in person (if he has named himself in the form of proxy) or by a named third
party at the Annual General Meeting in respect of the ordinary shares to which
such person's ADCs relate.

Any ADC holder can by this proxy either (1) attend and vote in the Annual
General Meeting, or (2) appoint the chairperson of the meeting to vote as
indicated on the proxy form or (3) appoint a third party to attend and vote and
such person must identify himself at the Annual General Meeting as a holder of
the proxy in relation to the ADCs held by the ADC holder. If the ADC holder
appoints a third party to attend and vote, the Chairman of the meeting is
entitled to exercise the voting rights on the respective number of ADCs if the
third party appointed to attend and vote is not present for voting unless the
words "failing him/her, the Chairman of the meeting" from Section B of the form
of proxy are deleted by the ADC holder.

The Company will offer free of charge for its shareholders and the holders of
ADCs the services of Collas Crill as an independent proxy agent who will be
available to those shareholders and holders of ADCs who wish to appoint an
independent proxy agent. The independent proxy agent will vote in accordance
with the instructions provided by the ADC holder in the form of proxy. If ADC
holders wish to appoint the independent proxy agent as proxy, they must state
the name of Collas Crill in the appropriate section of the form of proxy.

Details on how to register for and vote in the Annual General Meeting of the
Company will also be published in the Austrian Official Gazette (Amtsblatt zur
Wiener Zeitung) and on the website of the Company under
www.powerinternational.eu.

The Annual General Meeting will be conducted in accordance with the Companies
(Jersey) Law, 1991 and the Articles of Association of the Company.

Further inquiry note:
Investor Relations & Public Relations
Metrum Communications
Stefan Trittner
T: +43 (1) 504 69 87 - 341
M: s.trittner@metrum.at

end of announcement euro adhoc
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issuer: PI Power International Limited 1st Floor, 7 Bond Street A-JE2 3NP
St Helier, Jersey, Channel Islands
mail: info@powerinternational.eu
WWW: www.powerinternational.eu
ISIN: AT0000A05W59
stockmarkets: Wien
language: English

Digital press kit: http://www.ots.at/pressemappe/5571/aom

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