TEL-AVIV, Israel, November 15, 2011 /PRNewswire/ --
Ellomay Capital Ltd. (NYSE Amex:
ELLO)("Ellomay" or
the "Company"), announced
today that it will hold its annual general meeting of shareholders
on December 20, 2011 at 11:00 a.m., Israel time, at Ellomay's offices located at 9
Rothschild Boulevard, 2nd Floor, Tel-Aviv 66881, Israel.
The agenda of the shareholders' meeting will be as follows:
- Election of Shlomo Nehama, Ran
Fridrich, Hemi Raphael, Anita Leviant and Oded
Akselrod as directors;
- Election of Mordechai Bignitz as external director, replacing
Alon Lumbroso;
- Approval of terms of service of the external director;
- Appointment of Somekh Chaikin, a member of KPMG International,
as the independent auditors of the Company, in place of the
Company's current independent auditors, for the fiscal year ending
December 31, 2011 and until the next
annual meeting of the Company's shareholders, and authorization of
the Board of Directors to approve, following the approval of the
Audit Committee, the remuneration of the independent auditors in
accordance with the volume and nature of their services;
- Extension of the Management Services Agreement among the
Company, Meisaf Blue & White Holdings Ltd. and Kanir Joint
Investments (2005) Limited Partnership for an additional three-year
period; and
- Receipt and consideration of the Auditors' Report and the
Financial Statements of the Company for the fiscal year ended
December 31, 2010.
Shareholders of record as of the close of business on
November 21, 2011 will be entitled to
vote at the shareholders' meeting. Ellomay plans to mail a proxy
statement that describes the proposals to be considered at the
shareholders' meeting and a proxy card on or about November 22, 2011. The proxy statement will also
be furnished to the Securities and Exchange Commission on Form 6-K,
which will be available in the "SEC Filings" section of Ellomay's
website at http://www.ellomay.com.
About Ellomay Capital
Ellomay Capital Ltd. is an Israeli company that invests in the
energy and infrastructure fields, primarily in Italy and in Israel. The Company's assets include several
photovoltaic plants located in the Marche and Puglia Regions in
Italy, holdings in the Dorad power
plant located in Ashkelon, Israel
and contracts to acquire rights in several gas and oil exploration
licenses in the Mediterranean sea.
Information Relating to Forward-Looking Statements
This press release contains forward-looking statements that
involve substantial risks and uncertainties. All statements, other
than statements of historical facts, included in this press release
regarding our plans and objectives of management are
forward-looking statements. The use of certain words,
including the words "plan," "estimate," "project," "intend,"
"expect," "believe" and similar expressions are intended to
identify forward-looking statements within the meaning of the
Private Securities Litigation Reform Act of 1995. We may not
actually achieve the plans, intentions or expectations disclosed in
our forward-looking statements and you should not place undue
reliance on our forward-looking statements. Various important
factors could cause actual results or events to differ materially
from those that may be expressed or implied by our forward-looking
statements. These and other risks and uncertainties associated with
our business are described in greater detail in the filings we make
from time to time with Securities and Exchange Commission,
including our Annual Report on Form 20-F. The forward-looking
statements are made as of this date and the Company does not
undertake any obligation to update any forward-looking statements,
whether as a result of new information, future events or
otherwise.
Contact:
Kalia Weintraub
CFO
Tel: +972(3)797-1108
Email: kaliaw@ellomay.com
SOURCE Ellomay Capital Ltd.