Skano Group Notice to convene annual general meeting 27.05.2015

Notice to convene the Annual General Meeting of Skano Group AS

Pärnu, 2015-05-27 15:18 CEST (GLOBE NEWSWIRE) --

The Annual General Meeting of Skano Group AS (registry code: 11421437, address:
Suur-Jõe 48, Pärnu 80042, hereinafter the Company) will be held on the 19th of
June 2015 at 11am at the office of Skano Group AS at Suur-Jõe 48, Pärnu.

The agenda of the General Meeting with the proposals of the Supervisory Board:

1. Approval of the Annual Report 2014

Proposal of the Supervisory Board: To approve the Annual Report of the Company
for 2014 prepared by the Management, which exposes the consolidated balance
sheet value of 13 329 thousand euros and the net loss in the amount of 1 481
thousand euros as at 31.12.2014.

2. Covering of loss in 2014

Proposal of the Supervisory Board: Cover the loss from the financial year 2014
of 1 481 thousand euros from the account of retained earnings of previous
periods.

3. Appointment and remuneration principles of auditor for the financial year
2015

Proposal of the Supervisory Board: To appoint AS PricewaterhouseCoopers
(registry code: 10142876, address: Pärnu mnt 15, 10141 Tallinn) as the auditor
of the Company for the financial year 2015. Public accounting services will be
paid for in accordance with the contract to be drawn up with the auditor.

The documents of Annual Report of Skano Group AS, proposal for profit
allocation and auditor’s report to the Annual Report of 2014 will be available
at the head office of the Company at Suur-Jõe 48, Pärnu, starting from 28th of
May, 2015, and on Company’s web site www.skano.com.

Information on the procedure for exercising the rights specified in the
Commercial Code § 287, § 293 (2) and (21) and § 293'1 (4) is published on the
website of the Company www.skano.com.

As of the date of publishing of the announcement, the share capital of Skano
Group AS is 2 699 436.60 euros. The company has 4 499 061 shares and each share
gives one vote.

The date of closing the list of shareholders entitled to vote at the Annual
General Meeting will be June 12, 2015 at 23:59.

Registration of the participants in the meeting will begin at 10:45

To register yourself as a participant in the general meeting, please present:

a shareholder who is a sole proprietor – an identity document

a representative of a shareholder who is a sole proprietor – an identity
document and a written authorisation document

a representative of a shareholder who is a legal person – valid certified copy
of the registry card (for legal persons in Estonia, certified no earlier than 7
days ago), which entitles the person to represent the shareholder, and an
identity document of the representative, or an authorisation document prepared
as required and an identity document of the representative. We request prior
legalisation or apostille certification of documents of a legal person
registered in a foreign country, unless stated otherwise in the international
agreement. Skano Group AS may register a shareholder who is a legal person of a
foreign country as a participant in the general meeting also in case all
required data on the legal person and the representative are included in the
notarised authorisation document issued to the representative in a foreign
country and the authorisation document is acceptable in Estonia.

If a shareholder has deposited his/her shares on a nominee account, a
respective certificate issued by the account administrator shall be submitted,
certifying the right of ownership of the shares as of 12th of June 2015.

Please present your passport or identity card as an identification document.

A shareholder may notify the Company of the appointment of a representative or
withdrawal of authorisation by a representative by submitting respective
information to the Management Board of Skano Group AS (in a digitally signed
format which can be reproduced in writing on the following e-mail address:
This email address is being protected from spambots. You need JavaScript enabled to view it., or in writing by mail at the following address: Skano
Group AS, Suur-Jõe 48, Pärnu, Estonia) no later than on 18th of June 2015
(inclusive).

For the appointment of a representative or withdrawal of authorisation by a
representative, a shareholder may use the forms available on the website of
Skano Group AS www.skano.com


Martin Kalle
CEO
+372 447 8331
This email address is being protected from spambots. You need JavaScript enabled to view it.