Magnitogorsk Iron and Steel Works has announced that board of directors held a meeting on February 10. The board has approved May 26, as the date for the annual general meeting of shareholders (AGM) of the company.
The cut-off date for inclusion in the shareholder register for the AGM is May 2, at the close of trading on the London Stock Exchange.
The board also approved of a recommendation by the beneficiary of Mintha Holding Limited (owns 87.26% of OJSC MMK voting shares) to include the following individuals in the voting ballots:
– to the company’s audit commission: Alexander Maslennikov, Oksana Dyuldina, Galina Akimova;
– to the company’s board of directors: Ruben A. Aganbegyan (independent director), Valeriy Y. Martsinovich (independent director), Morgan Ralph Tavakolian (independent director), Kirill Y. Liovin, Zumrud K. Rustamova.
On September 16, 2016 the board of directors approved of Zumrud K. Rustamova and Kirill Y. Liovin as independent members of the board.
The board of directors issued recommendations for the AGM to determine the scope of remuneration and compensation for the members of the board and audit commission for performing their duties in 2017-2018. (Metalinfo/Ukrainian metal)
