| Spółka BorsodChem Rt. niniejszym publikuje w języku angielskim treść uchwał Nadzwyczajnego Walnego Zgromadzenia Akcjonariuszy BorsodChem Rt., które odbyło się w dniu 25 listopada 2005. ________________________________ The Extraordinary General Meeting of BorsodChem Rt., held on November 25, 2005, has approved the following resolutions: Resolution of the Extraordinary General Meeting no. 21/2005 The Extraordinary General Meeting elected Dr. Gábor Molnár for conforming the minutes of the meeting, who represents VCP Industrie Beteiligungen AG. The Extraordinary General Meeting approved this resolution with 51,154,851 votes for yes, (100%), 0 (0%) vote for no and with (0%) abstention. Resolution of the Extraordinary General Meeting no. 22/2005 The Extraordinary General Meeting elected László Hazafi for conforming the minutes of the meeting, who represents The Bank of New York. The Extraordinary General Meeting approved this resolution with 51,154,851 votes for yes, (100%), 0 (0%) vote for no and with (0%) abstention. Resolution of the Extraordinary General Meeting no. 23/2005 The Extraordinary General Meeting elected Miklós Hanti and Péter Lengyel as poll clerks. The Extraordinary General Meeting approved this resolution with 51,154,851 votes for yes, (100%), 0 (0%) vote for no and with (0%) abstention. Resolution of the Extraordinary General Meeting no. 24/2005 “The General Meeting authorizes the Board of Directors of the Company to purchase ordinary shares issued by the Company, in stock exchange transactions and financed from the assets of the Company in excess of the registered capital in the period from 26 November 2005 until the date of the annual general meeting to be held in 2007, the term of which period shall, however, not exceed 18 months in any case (i) in order to maintain the price of the Company’s ordinary shares; and (iii) to fulfill the Company’s obligations arising from the share incentive plan implemented at the Company, under the following conditions: a. the amount of the aggregate nominal value of the treasury shares acquired and owned by the Company cannot exceed 10 % of the registered capital at any time; b. the purchase price of the treasury shares cannot be less than HUF 2000 (that is two thousand Hungarian Forint) and cannot exceed HUF 2800 (that is two thousand and eight hundred Hungarian Forint); c. the applicable laws, including the provisions of Act CXLIV of 1997 on Business Associations regarding the protection of the Company’s assets and the conditions of treasury share purchases shall be fully complied with and the Board of Directors shall fully observe the applicable laws and mandatory regulations regarding the prevention of market manipulation in the course of purchasing as well as selling treasury shares. In addition to its information obligations set out in the applicable laws and the regulations, the Board of Directors shall present a report to the annual general meeting of the Company on the transactions completed pursuant to this authorization and the use of the treasury shares acquired." The Extraordinary General Meeting approved this resolution with 51,154,851 votes for yes, (100.00%), 0 (0.0%) vote for no and with 0 (0.0%) abstention. Resolution of the Extraordinary General Meeting no. 25/2005 The Extraordinary General Meeting elects Mr. Timur Rahimkulov (mother’s name: Salugina Galina; address: 1023 Budapest, Felhévizi u. 24.) a Member of the Board from November 25, 2005 until April 30, 2008. The Extraordinary General Meeting approved this resolution with 43,136,916 votes for yes, (84.33%), 391,705 (0.77%) vote for no and with 7,626,230 (14.91%) abstention. Appendix of the Resolution of the Extraordinary General Meeting no. 25/2005 Timur Rahimkulov was born on January 19, 1977 in Moscow. He is an economist and graduated from the University of Economics & Sciences in Budapest. He is a Russian citizen with permanent residence status in Hungary and his permanent address is in Budapest. Timur Rahimkulov is the general director and a minority shareholder in the Kafijat Trading and Consulting Ltd. that has a majority shareholding in the General Banking and Trust Co. Ltd., he is an indirect owner and director in Firthlion Ltd. which has a shareholding of over 10% in BorsodChem Ltd. Kazincbarcika, November 25, 2005 BorsodChem Rt. __________________________ Raport ten został również opublikowany na Budapesztańskiej Giełdzie Papierów Wartościowych oraz na Londyńskiej Giełdzie Papierów Wartościowych. Pełna treść ww. Raportu w języku polskim zostanie opublikowana w możliwie najkrótszym czasie, jednak nie pó¼niej niż w ciągu 5 dni od dnia dzisiejszego. Miklós Hanti Dyrektor Departamentu Relacji Inwestorskich. | |
