Enel OGK-5 Held AGM
OREANDA-NEWS. June 27, 2012. The General Annual Shareholders’ Meeting of OJSC Enel OGK-5 was held on June, 20th,
The main issues in agenda were the approval of the Company’s annual report for 2011, approval of the annual financial statements including the profit and loss statement of the Company, approval of the Company’s profit allocation upon the results of the year 2011, election of the members of the Company’s Board of Directors, election of the members of the Company’s Internal Audit Commission, approval of the Company’s Auditor, introduction of changes in the Company’s Bylaws.
The General Annual Shareholders’ Meeting approved the annual report for 2011 and the annual financial statements of the Company for 2011.
Acting on a proposal of the Board of Directors, the Shareholders’ meeting approved the allocation of Net Profit of 2011 to the financing of Enel OGK-5’s investment programme aimed at equipment modernization and fulfillment of environmental commitments.
Enrico Viale, Director-General of Enel OGK-5 stated: “The past year 2011 was a landmark for our company. We put into operation two new CCGTs with capacity of 410 MW each, thus becoming the first generation company to completely fulfill its investment obligations in
The Shareholders’ Meeting of OJSC Enel OGK-5 elected the new Board of Directors composed by 11 members:
· Dominique Fache
· Enrico Viale
· Carlo Tamburi
· Marco Arcelli
· Giulio Antonio Carone
· Renato Mastroianni
· Gerald Joseph Rohan
· Sergey Vladimirovich Marinich
· Roderick Peacock
· Hilko Schomerus
· Tagir Aliyevich Sitdekov
The Shareholders’ Meeting of OJSC Enel OGK-5 elected the new Internal Audit Commission of the Company and appointed LLC “Ernst & Young” as the Company’s Auditor. The Shareholders’ Meeting also introduced changes in OJSC Enel OGK-5‘s bylaws concerning the registered address of the Company. Moreover, the new version of the Rules of procedure for convention and holding of general shareholders’ meetings of OJSC Enel OGK-5 has been approved. The Shareholders’ Meeting also approved a number of related-party transactions in the area of energy trading and gas supply which can be concluded in the future in the process of the Company performing its ordinary economic activity.