Amiad Water Systems Ltd Notice of AGM (2139I)
July 23 2012 - 2:00AM
UK Regulatory
TIDMAFS
RNS Number : 2139I
Amiad Water Systems Ltd
23 July 2012
23 July 2012
Amiad Water Systems Ltd.
("Amiad" or the "Company")
Notice of AGM
Amiad, a leading global producer of water treatment and
filtration solutions, gives notice that the Annual General Meeting
of the Company is to be held at 11.00am BST on Tuesday 28 August
2012 at the offices of Speechly Bircham LLP, 6 New Street Square,
London EC4A 3LX, England, to consider the following
resolutions:
-- to discuss the Company's financial statements and annual
report for the year ended 31 December 2011.
-- to re-appoint Kesselman & Kesselman as the Company's
auditors and to authorise the directors of the Company to fix their
remuneration.
-- to re-elect the following directors of the Company who retire
but who are offering themselves for re--election to hold office
until the conclusion of the next AGM (and are eligible to do
so):
Mr Tal Yeshua;
Mr Dan Falk;
Mr Zeev Holender;
Mr Harel Beit-On;
Dr Izhar Ben-Shlomo;
Ms Osnat Ronen;
Mr Arie Dayan;
Mr Amos Shalev; and
Mr Shmuel Dudai.
-- to approve an increase in the monthly gross remuneration of
the Chairman of the Board, Mr Tal Yeshua, from NIS 45,000 to NIS
47,500.
-- to approve a bonus of NIS 110,000 for the Chairman of the
Board, Mr Tal Yeshua, in respect of the year 2011.
-- to approve an increase in the monthly gross remuneration (not
including social benefits) of the CEO and director of the Company,
Mr Arie Dayan, from NIS 75,000 to NIS 83,000 with effect as of 1
April 2012.
-- to approve the participation of Mr Arie Dayan in the
Company's staff bonus scheme (the "Company's Bonus Scheme").
-- to approve the participation of Kibbutz Beit Zera in the
Company's Bonus Scheme, and that such a bonus shall include the
proportion of the bonus pool payable to employees of Kibbutz Beit
Zera under the approved Company's Bonus Scheme and in accordance
with the terms of the human resources services agreement by and
between the Company and Kibbutz Beit Zera dated 28 April 2010.
-- to increase the registered share capital of the Company from
NIS 11,500,000 to NIS 12,000,000 divided into 24,000,000 ordinary
shares of NIS 0.5 par value each in the capital of the Company and
to approve the amendment of clause 6 of the Company's Articles of
Association regarding the registered share capital of the
Company.
-- to approve the grant of 50,000 options exercisable into
50,000 ordinary shares of NIS 0.5 par value each in the capital of
the Company to the Chairman of the Board, Mr Tal Yeshua.
-- to approve the grant of 125,000 options exercisable into
125,000 ordinary shares of NIS 0.5 par value each in the capital of
the Company to Mr Arie Dayan.
-- to approve that the Company may satisfy the requirement under
Rule 19 of the AIM Rules for Companies to send its annual audited
accounts to its shareholders by sending such accounts to its
shareholders by electronic communication, subject to the Company
complying with the other rules in relation to electronic
communications as set out in the Guidance to the AIM Rules for
Companies, as well as the Company's constitution and any legal
requirements in its jurisdiction of incorporation.
-- to authorise the Company to extend its directors' and
officers' liability insurance policy for a 12 month period ending
on 31 July 2013 to USD 20,000,000 at an annual cost of up to USD
50,000.
Further information on the resolutions can be found in the
Notice of AGM circular that has been posted to shareholders of the
Company, along with forms of proxy and direction, and is available
on Amiad's website at: www.amiad.com.
Enquiries:
Amiad Water Systems Ltd.
Tal Yeshua, Chairman
Arik Dayan, Chief Executive
Officer
Amir Harel, Chief Financial
Officer +972 4 690 9500
-----------------
Nomura Code Securities
-----------------
Clare Terlouw, Giles Balleny +44 20 7776 1200
-----------------
Luther Pendragon
-----------------
Harry Chathli, Claire Norbury +44 20 7618 9100
-----------------
This information is provided by RNS
The company news service from the London Stock Exchange
END
NOABKBDBBBKBDOB
Amiad Water Systems (LSE:AFS)
Historical Stock Chart
From Jun 2024 to Jul 2024
Amiad Water Systems (LSE:AFS)
Historical Stock Chart
From Jul 2023 to Jul 2024