Meinl Airports International Ltd.
Meinl Airports International announces Annual General Meeting for 28 July 2008
St, Helier Jersey (euro adhoc) -
ots.CorporateNews transmitted by euro adhoc. The issuer is responsible for the content of this announcement.
companies/Shareholders Meeting
Meinl Airports International Limited
("MAI", the "Company"), whose certificates representing shares in the
Company are listed on the Vienna Stock Exchange, announces that the
Annual General Meeting ("AGM") will be held at 10.00 a.m. on 28 July
at Hotel de France, St Saviours Road, Jersey JE1 7XP.The AGM will take place before the Extraordinary General Meeting
("EGM"), which has been requisitioned by certain investors, and will
be held at the same venue on 28 July 2008 at 14.00 or if later,
following the conclusion of the AGM.The agenda for the AGM includes, in addition to matters relating to the approval of MAI´s accounts and the re-election of the Company´s auditors, a resolution to amend MAI´s Articles of Association. This amendment, if approved, will have the effect of requiring one third of Directors to stand for re-election on an annual basis, from 2009 onwards. The notice for the AGM, together with a covering letter from the Chairman of the Company, has been sent to Oesterreichische Kontrollbank Aktiengesellschaft and Meinl Airport Managers Limited as registered shareholders of MAI, and may also be found on MAI´s webpage.
MAI further announces that the Board of Directors, in conjunction with its financial advisors Blackwood Capital Group and Lazard & Co., Ltd, is nearing completion of a detailed strategic review of the Company. MAI expects to be able to announce the results of this and its finalised proposals prior to the AGM. The Board is committed to improving MAI´s governance structure to bring it more in line with international standards for listed companies. MAI believes this important step combined with other proposals the Company expects to announce shortly will be welcomed by the vast majority of investors in contrast to the uncertain future offered by the requisitionists, who have still made no clear statement as to their proposals for the Company, other than as set out in the notice of EGM.
Details on how investors may register for and vote at the AGM and EGM will be published in the Austrian Official Gazette (Amtsblatt zur Wiener Zeitung) and on the webpage of the Company within the next few days. In the meantime, MAI continues to recommend that investors refrain from making any decisions with respect to their voting intentions in relation to the resolutions to be proposed at the EGM.
Blackwood Capital Group Holding Limited is acting solely for Meinl Airports International Limited in connection with the matters referred to in this announcement and will not be responsible to anyone other than Meinl Airports International Limited for providing the protections afforded to clients of Blackwood Capital Group Holding Limited or for providing advice in relation to the matters referred to in this announcement.
Lazard & Co., Limited is acting solely for Meinl Airports International Limited in connection with the matters referred to in this announcement and will not be responsible to anyone other than Meinl Airports International Limited for providing the protections afforded to clients of Lazard & Co., Limited or for providing advice in relation to the matters referred to in this announcement.
end of announcement euro adhoc
Further inquiry note:
Nadine Gilles
mailto:gilles@meinlairports.com
Mobile: 00421 911 500 730
Branche: Real Estate
ISIN: AT0000A053N4
WKN:
Index: other listings
Börsen: Wiener Börse AG / Third Market