Shareholder Resolutions Passed at AS Ekspress Grupp Meeting
Key Resolutions Adopted by AS Ekspress Grupp Shareholders
The Management Board of AS Ekspress Grupp has recently put forth an important proposal to its shareholders, allowing resolutions to be adopted without the need for an extraordinary general meeting. This approach streamlines the decision-making process, making it more efficient for all parties involved. On October 9, 2024, a notice detailing the resolutions was disclosed through the stock exchange's information system and the company's homepage, as well as in a local newspaper.
Voting Process and Outcome
By the deadline of 9:00 AM on October 31, 2024, shareholders cast a total of 25,494,038 votes, representing 82.35% of the voting rights. It is important to note that any shareholder who did not express their position regarding the resolution by this deadline was automatically considered to have voted against it, as stipulated in the Commercial Code. This ensures all votes are accounted for transparently.
Resolutions Adopted on October 31, 2024
Among the significant outcomes from the shareholder meeting, the following resolution received overwhelming support:
Appointment of Auditors
The shareholders voted to appoint KPMG Baltics OÜ as the auditor for AS Ekspress Grupp for the financial years spanning from January 1, 2024, to December 31, 2026. This decision was made with a favorable vote from 81.62% of the shareholders. The firm will conduct audits in accordance with the service contract established between KPMG Baltics OÜ and the company.
About AS Ekspress Grupp
AS Ekspress Grupp holds the distinction of being the leading media group in the Baltic region. Since its inception in 1989, the company has significantly expanded its portfolio to include diverse media content production, magazine and newspaper publishing, and book publishing. Furthermore, they have ventured into providing comprehensive ticket sales services, including an electronic ticket sales platform and brick-and-mortar ticket offices. With a dedicated workforce of nearly 1,100 employees, AS Ekspress Grupp continues to thrive and innovate in the media industry.
Contact Information
For additional inquiries or information, please reach out to Mari-Liis Rüütsalu, Chairman of the Management Board, at +372 512 2591 or via email at mariliis.ryytsalu@egrupp.ee.
Frequently Asked Questions
What are the main resolutions adopted by AS Ekspress Grupp?
The main resolution involved appointing KPMG Baltics OÜ as the auditor for the next three financial years.
What percentage of votes favored the auditor appointment?
The resolution to appoint KPMG was supported by 81.62% of the voting shareholders.
When was the notice of the resolutions published?
The notice was published on October 9, 2024.
What does AS Ekspress Grupp do?
AS Ekspress Grupp is a leading media group in the Baltic region, focusing on web media content production, newspaper publishing, and ticket sales.
How many employees does AS Ekspress Grupp have?
The company employs nearly 1,100 people, contributing to its expanding operations in the media sector.
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