euro adhoc: SkyEurope Holding
Annual & Special Corporate Meetings
Sky Europe
AGM: All motions approved
Disclosure announcement transmitted by euro adhoc. The issuer is responsible for the content of this announcement.
14.02.2008
In today´s 3rd Annual General Meeting of SkyEurope Holding AG all motions were approved. Both, Management Board members and Supervisory Board members were discharged for the financial year 2006/2007
In addition the AGM authorized the Management Board to increase the
share capital of the company with the consent of the Supervisory
Board until 14 February 2013 by up to EUR 18,000,000 through the
issue of up to 18,000,000 ordinary bearer shares with a par value of
EUR 1.00 each, in one or more tranches, against cash contributions or
contributions in kind excluding the subscription rights partially or
wholly ("Authorized Capital 2008"). This resolution revokes the
authorization in point 4.4 of the Articles of Association and on
amending point 4.4 of the Articles of Association.Also the AGM authorized the Management Board to increase the company´s share capital on a conditional basis by up to EUR 7,000,000 by issuing up to 7,000,000 new ordinary bearer shares with a par value or EUR 1.00 each in order to confer conversion rights on the holders of convertible bonds issued pursuant to the resolution of the shareholders' meeting of 20 September 2006.
In another resolution the Management Board has been authorized to increase the company´s share capital by up to EUR 3,000,000 by issuing up to 3,000.000 new ordinary bearer shares with a par value of EUR 1.00 each for the granting of share options to members of the Management Board, executives and employees of the company and affiliated companies.
The AGM also approved the granting of first-ranking pledge over all of the company´s shares in the operational company of the group, SkyEurope Airlines a.s. in favour of York Global Finance II S.á.r.l. as security for (i) the company's guarantee of SkyEurope Airlines a.s.´ repayment of principal and interest under the EUR 15,000,000 term loan facility of December 21, 2007 granted by York Global Finance II S.á.r.l. and (ii) the company's obligations under the Tranche A Convertible Bonds pursuant to the resolution of the shareholders' meeting of 20 September 2006.
As auditors for the current financial year 2007/2008 KPMG has been appointed. Finally Christian Mandl was elected as additional member of the Supervisory Board. The Supervisory Board now consists of:
Jordan Karatzas, Chairman Hans Kallenius, Vice-Chairman Joseph In-Albon, Vice-Chairman Jeremy Blank Christophe Aurand and Christian Mandl
In addition a resolution regarding the remuneration of the Supervisory Board was approved.
end of announcement euro adhoc
Further inquiry note:
SkyEurope Holding AG
Nick Manoudakis, CFO
Tel.:+421 915 782 432
mailto:investor.relations@skyeurope.com
Branche: Air Transport
ISIN: AT0000497003
WKN: A0F5WU
Index: WBI
Börsen: Wiener Börse AG / official market