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X EXTRAORDINARY SHAREHOLDER MEETING
Nov 16, 2021

X EXTRAORDINARY SHAREHOLDER MEETING

 

Pursuant to Article 135,136,149,151 and 161 of the Companies Act (Official Gazette of Montenegro no. 65/20) and Article 45 paragraph 1 item 2 of the By-Laws of Crnogorski elektroprenosni sistem AD, the Board of Directors hereby convenes

 

X EXTRAORDINARY SHAREHOLDER MEETING

OF CRNOGORSKI ELEKTROPRENOSNI SISTEM AD

 

The Shareholder Meeting will be held in Podgorica on 16 December 2021 at 10:00 h at hotel ”Ramada Podgorica”, Bulevar Save Kovačevića no. 74.

 

The following Agenda has been determined for X Extraordinary Shareholder Meeting:

Agenda

1)   Information on the current status and proposed amendment to the budget and deadlines for completing the Project of Interconnecting Electric Power Systems of Montenegro and Italy via Submarine DC Cable  with a draft Decision

The Decision under item 1 of the Agenda shall be adopted by a majority vote of the present or represented shareholders from the quorum of at least ½ (50%) + 1 of the total Company’s voting shares.

The material for X Extraordinary Shareholder Meeting will be made available to the shareholders at CGES’ premises in Podgorica at the address Bulevar Svetog Petra Cetinjskog no. 18 (office no. 301).

Insight into the material for X Extraordinary Shareholder Meeting will be made available every working day between 9:00 h and 15:00 h starting from 25 November 2021.

Shareholders who are not able to attend the meeting can vote in advance through ballots delivered to the following address: Crnogorski elektroprenosni sistem AD - Bulevar Svetog Petra Cetinjskog no. 18 – Podgorica (for the Shareholder Meeting) no later than the beginning of the Shareholder Meeting. The ballot must be certified in accordance with the law.

Shareholders with registered office/residence outside the territory of Montenegro may electronically participate in the work of the Shareholder Meeting and vote on the agenda item before or during the meeting.

Shareholders who intend to participate electronically in the work of the Shareholder Meeting shall notify the Company via their official e-mail address to the following e-mail address: This email address is being protected from spambots. You need JavaScript enabled to view it. not later than 06 December 2021. Attached to the e-mail, it is necessary to submit a copy of the power of attorney and personal documents in order to identify the shareholder/proxy.

The original power of attorney shall be submitted not later than 13 December 2021 to the following address:

Crnogorski elektroprenosni sistem AD - Bulevar Svetog Petra Cetinjskog no. 18 – Podgorica (for the Shareholder Meeting).

The registration of the present shareholders and proxies will be done from 9h to 10 h on the day and at the place of holding the Extraordinary Shareholder Meeting.

Shareholders will be identified at the meeting after presenting identity documents, and proxies will be identified after presenting power of attorney and identity documents. The power of attorney must be certified in accordance with law.

Notice of convening X Extraordinary Shareholder Meeting, forms of power of attorney and ballots, as well as instructions on how to vote electronically, will be available at the Company’s website: www.cges.me.   

 

CHAIRMAN OF THE BOARD

                                                                     Aleksandar Mijušković, dipl.el.ing. m.p.

 

10_Ballot.pdf

10_Power of Attorney.pdf