TEL-AVIV, Israel, August 7, 2014 /PRNewswire/ --
Ellomay Capital Ltd. (NYSE MKT:
ELLO)(TASE: ELOM)
("Ellomay" or the
"Company") an emerging operator in the
renewable energy and energy infrastructure sector, today announced
that it will hold its annual general meeting of shareholders (the
"Meeting") on Thursday, September 11,
2014 at 11:30 a.m.,
Israel time, at Ellomay's offices
located at 9 Rothschild Boulevard, 2nd Floor, Tel-Aviv 6688112, Israel.
The agenda of the Meeting will be as follows:
1. Reelection of Shlomo Nehama,
Ran Fridrich, Hemi Raphael and
Anita Leviant as directors;
2. Reelection of Mordechai Bignitz as external director for an
additional three-year term;
3. Approval of terms of service of Mordechai Bignitz, the
external director nominee;
4. Reappointment of Somekh Chaikin, a member of KPMG
International, as the independent auditors of the Company for the
fiscal year ending December 31, 2014
and until the next annual general 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; and
5. Receipt and consideration of the Auditors' Report and the
Financial Statements of the Company for the fiscal year ended
December 31, 2013.
Shareholders of record as of the close of business on
August 12, 2014 will be entitled to
vote at the Meeting or any adjournments thereof. Ellomay plans to
mail a proxy statement that describes the proposals to be
considered at the Meeting and a proxy card on or about August 13, 2014. The proxy statement and proxy
card will also be furnished to the Securities and Exchange
Commission on Form 6-K.
Each of the resolutions to be presented at the Meeting requires
the affirmative vote of holders of at least a majority of the
ordinary shares voted in person or by proxy at the Meeting on the
matter presented for passage. However, the approval of the proposal
under Item 2 and a portion of the proposal under Item 3 are
required to comply with additional special "disinterested" voting
requirements as set forth in the proxy statement. Item 5 does not
require a shareholder vote.
The Company knows of no other matters to be submitted at the
Meeting other than as specified herein. If any other business is
properly brought before the Meeting, it is the intention of the
persons named as proxies to vote in respect thereof in accordance
with his or her respective discretionary authority and best
judgment. Shareholders wishing to express their position on an
agenda item for the Meeting may do so by submitting a written
statement to the Company's offices at the above address no later
than August 22, 2014. Any position
statement received will be furnished with the SEC on Form 6-K,
which will be available to the public on the SEC's website at
http://www.sec.gov and on the websites of the Israel Securities
Authority and Tel Aviv Stock Exchange at
http://www.magna.isa.gov.il or http://www.maya.tase.co.il,
respectively.
About Ellomay Capital Ltd.
Ellomay is an Israeli based company whose shares are registered
with the NYSE MKT, under the trading symbol "ELLO" and with the Tel
Aviv Stock Exchange under the trading symbol "ELOM." Since
2009, Ellomay Capital focuses its business in the energy and
infrastructure sectors worldwide. Ellomay (formerly Nur
Macroprinters Ltd.) previously was a supplier of wide format and
super-wide format digital printing systems and related products
worldwide, and sold this business to Hewlett-Packard Company during
2008 for more than $100 million.
To date, Ellomay has evaluated numerous opportunities and
invested significant funds in the renewable, clean energy and
natural resources industries in Israel, Italy
and Spain, including:
- Approx. 22.6MWp of photovoltaic power plants in
Italy and 85% of 2.3MW of
photovoltaic power plant in Spain;
- 7.5% indirect interest, with an option to increase its holdings
to 9.375%, in Dorad Energy Ltd. Israel's largest private power plant to date,
with production capacity of more than 800MW, representing about 6%
of Israel's power capacity.
Ellomay Capital is controlled by Mr. Shlomo Nehama, Mr. Hemi
Raphael and Mr. Ran Fridrich.
Mr. Nehama is one of Israel's
prominent businessmen and the former Chairman of Israel's leading bank, Bank Hapohalim, and
Messrs. Raphael and Fridrich both have vast experience in financial
and industrial businesses. These controlling shareholders, along
with Ellomay's dedicated professional management, accumulated
extensive experience in recognizing suitable business opportunities
worldwide. The expertise of Ellomay's controlling
shareholders and management enables the company to access the
capital markets, as well as assemble global institutional investors
and other potential partners. As a result, Ellomay is capable
of considering significant and complex transactions, beyond its
immediate financial resources.
For more information about Ellomay, visit
http://www.ellomay.com.
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 "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)797-1111
Email: anatb@ellomay.com
SOURCE Ellomay Capital Ltd