NOTICE OF EGM
The EGM is called by the initiative of the Company’s Board of Directors pursuant to its decision as previously announced at: https://corp.megafon.com/investors/news/capital_market_releases/20180716-0900.html, in accordance with the approved procedure for preparation for and holding of the EGM set forth below.
The proposed EGM agenda is as follows:
- Consent to execution of a major interested party transaction: (i) Revolving Loan Agreement between the Company (the Lender) and MegaFon Investments (Cyprus) Limited (the Borrower), and/or contributions of the Company to property and/or authorized capital of MegaFon Investments (Cyprus) Limited, and interrelated transactions: (ii) Deed of Indemnity No. 2 replacing Deed of Indemnity No. 1 between the Company and Credit Suisse Securities (Europe) Limited and UBS Limited, (iii) other contracts and agreements, which may be required in pursuance of the said transactions.
In connection with this, the following documents shall be made available to shareholders prior to the Meeting:
- Notice on convocation of the Extraordinary General Shareholders Meeting, including the procedures for distribution of information (materials) to be submitted to the Shareholders during preparation for the Extraordinary General Shareholders Meeting of the Company.
- Ballot for voting at the Extraordinary General Shareholders Meeting of the Company.
- Extract from the Minutes of the Board of Directors Meeting where the price of property (services) under the interrelated transactions was determined.
26 July 2018 was approved as the record date for the purpose of compiling the list of persons entitled to participate in the EGM on the basis of information from the Company’s register.
The executed voting ballots shall be delivered to:
ATTN: Independent Registrar Company JSC
Address: 18 Stromynka Street, Moscow 107076, Russian Federation
Deadline: 17 August 2018, 18.00 (Moscow time),
The above information (materials) will be available from 27 July 2018 on the Company’s website at: http://corp.megafon.com/investors/shareholder_meetings/extraordinary_general_shareholde/#2018.
The information (materials) will also be available upon request for examination at the Company’s offices at: 41 Oruzheiny lane, Moscow 127006, Russian Federation. The Company will provide copies of the materials to Shareholders at a cost not to exceed the actual cost of copying.
Additional information on the procedures for holding Meetings of Shareholders is available on the Company’s website at http://corp.megafon.com/investors/shareholder_meetings/extraordinary_general_shareholde/#2018.
In compliance with the applicable legislation, the disclosure of depositary receipts owners and other persons exercising rights to depositary receipts shall be required if voting.
For More Information:
| PJSC MegaFon | ||
| Investors: Dmitry Kononov
Director for Investor Relations and M&A |
Tel: +7 926 200 6490 | dkononov@megafon.ru |
| Media: Yulia Dorokhina Head of Media Relations |
Tel: +7 926 200 6854 | ydorokhina@megafon.ru |
Notes to Editors
MegaFon PJSC is a leading Russian integrated telecommunication service provider, operating in all segments of the telecommunications markets in Russia, and in the Republics of Abkhazia, South Ossetia and Tajikistan. MegaFon is a recognized market leader in the provision of mobile data services, was the first operator in Russia to launch commercial operation of a third generation (3G) network and was the first operator in the world to launch commercial operation of an LTE-Advanced (4G) data network. MegaFon is traded on the Moscow Exchange and the London Stock Exchange under the symbol MFON. Additional information about MegaFon and the products and services provided by MegaFon can be found at: http://www.megafon.ru.
Cautionary Statement Regarding Forward Looking Statements
Some of the information in this document may contain or refer to projections or other forward-looking statements regarding future events or the future financial performance of the Company. You can identify forward looking statements by terms such as “expect”, “believe”, “anticipate”, “estimate”, “forecast”, “intend”, “will”, “could”, “may”, or “might” the negative of such terms or other similar expressions. The Company wishes to caution you that these statements are only predictions, and are based upon various assumptions which are inherently subject to significant uncertainties and contingencies which are difficult or impossible to predict and are beyond our control. We may not achieve or accomplish these plans or predictions. The Company does not necessarily intend to update these statements to reflect events and circumstances occurring after the date hereof or to reflect the occurrence of unanticipated events. Many factors could cause the actual results to differ materially from those contained in projections or forward-looking statements of the Company, including, among others, general economic conditions, the competitive environment, risks associated with operating in Russia, rapid technological and market change in the industries in which the Company operates, as well as many other risks specifically related to the Company and its business and operations.
Statement Regarding Inside Information
Some of the information in this document may be inside information. The subject matter, the identity of the issuer, the identity of the persons making the notification and their titles, and the date and time of the notification are all as set forth above.