Velcan Holdings: Convening Notice Of The Mixed General Meeting And Notarial Extraordinary General Meeting To Be Held On 29th ...
28 Mai 2021 - 11:00AM
Velcan Holdings: Convening Notice Of The Mixed General Meeting And
Notarial Extraordinary General Meeting To Be Held On 29th June 2021
PRESS RELEASE
Luxembourg, 28th May 2021
VELCAN
HOLDINGS:
CONVENING NOTICE OF
THE MIXED
GENERAL MEETING AND
NOTARIAL EXTRAORDINARY
GENERAL MEETING TO BE HELD
ON 29th
JUNE 2021
VELCAN HOLDINGS announces to the shareholders of
the Company that a Mixed General Meeting and a Notarial
Extraordinary General Meeting will be held on Tuesday the 29th of
June 2021, at 10 a.m. and 11 a.m. respectively, in the offices of
the law firm Tabery & Wauthier, 10 rue Pierre d’Aspelt, L‐1142
Luxembourg, in order to vote on:
-
the approval of the 2020 condensed non-audited consolidated
financial statements and of the 2020 audited statutory financial
statements;
-
the renewal of the statutory authorization granted to the board of
directors to increase the share capital of the Company;
-
the renewal and the modification of the authorization granted to
the board of directors to buy back shares of the Company;
-
the renewal of the statutory authorization granted to the board of
directors to decrease the capital of the Company by cancellation of
the shares bought back;
-
the modification of the article 8.4 of the company’s articles of
association in order to simplify the formation of the bureau of the
shareholders general meetings.
All required information and related documents
will be available for downloading on the Company’s website on
28th May 2021:
- Convening notice of
the Mixed General Meeting and of the Notarial Extraordinary General
Meeting;
- Board of Directors’
report on the resolutions proposed to the General Meeting;
- Text of the proposed
resolutions;
- Single participation
form.
The annual management report and the audit
report are available online since 30th April 2021.
The Board of Directors invites the shareholders
to consult the following
page:http://www.velcan.lu/investors/reports-accounts/
* * *
Investors Relations
Contact investor@velcan.lu
About
Velcan:
Velcan Holdings group is a Luxemburg
headquartered investment holding company founded in 2005, operating
as an independent power producer in emerging countries and managing
a global portfolio of financial assets.
The company owns and operates a 15MW hydro power
plant in Brazil that it developed and built in 2009. The company is
developing a cascade of hydropower concessions located in India and
totalling 571 MW.
Hydropower concessions provide long periods of
cash generation but their development outcome is uncertain and many
years are needed to bring these projects to maturity in emerging
countries: it involves field studies in remote places, obtaining
the necessary authorizations and permits, and land acquisition in
political and regulatory environments that can be unstable or
heavily hampering. Meanwhile Velcan Holdings actively manages its
treasury, investing in listed and unlisted financial
instruments.
Velcan Holdings’ headquarters are in Luxemburg,
with administrative and financial offices in Singapore and
Mauritius. The team dedicated to the development of the Indian
hydropower cascade is based in New Delhi and at the project site
(Arunachal Pradesh). The team dedicated to the Rodeio Bonito plant
is based in Sao Paulo and Chapeco (Santa Catarina State).
The company was launched more than 15 years ago
by its reference shareholder, the company LHP, owned by the Velcan
Holdings’ management team.
Velcan Holdings is listed on the Euro MTF Stock
Market in Luxembourg (Ticker VLCN/ISIN FR0010245803).
Velcan Holdings never performed any Public Offer
as understood under Directive 2003/71/CE of the European Parliament
and Council.
Disclaimer
This press release contains prospective
information about the potential of the projects in progress and/or
of the projects of which the development has begun. This
information constitutes objectives attached to projects and shall
not be construed as direct or indirect net income forecast.
Reader’s attention is also drawn on the fact that the performance
of these objectives depends on future circumstances and that it
could be affected and/or delayed by risks, known or unknown,
uncertainties, and various factors of any nature, notably related
to economic, commercial or regulatory conjuncture, which occurrence
could be likely to have a negative impact on future activity and
performances of the Group.
This announcement does not constitute a public
offering (“offre au public”) nor an invitation to the public or to
any qualified investor in connection with any offering. This
announcement is not an offer of securities in the United States of
America or in any other jurisdiction/country.
- Press release_Notice of GM_28-05-2021