RNS Number : 9628Q
21 October 2013
21 October 2013
Results of the Extraordinary General Shareholders' Meeting
On 21 October 2013, JSC TransContainer ("TransContainer" or the "Company") (LSE: TRCN) announces the results of its Extraordinary General Meeting of shareholders ("EGM"), held today.
The EGM voted on the following resolutions:
1. The resolution on the early termination of the powers of the current members of the Company's Board of Directors was not passed.
2. The voting results on electing new members to the Board of Directors are not provided since the decision to terminate the powers of the current Board members was not resolved.
3. An agreement on insurance of Directors' and Officers' liability, as well as other forms of insurance (insurance of vehicles against damage, insurance of real estate, voluntary medical insurance of employees and their children, civil liability of OJSC TransContainer as an owner of production facility, vehicles and temporary storage warehouses/customs warehouses, etc.) was approved as interested-party transactions as defined under Russian law.
Director, Capital Markets and Investor Relations
+7 495 637 9178
+7 495 609 6062
Tony Friend / Alexandra Roper/Galyna Kulachek
+44 (0) 20 7457 2020
TransContainer (LSE ticker: TRCN) is the leading intermodal container transportation company in Russia. It is the market leader in Russia by container transportation by rail and rail-side container terminal throughput with a market share in these categories as of 30 June 2013 of approximately 58 percent and 24 percent, respectively. It operates more than 25,000 flatcars, approximately 61,000 containers and owns a network of 46 rail-side container terminals in Russia, 18 rail-side terminals in Kazakhstan through its subsidiary KedenTransService and operates one terminal in Slovakia. Company's sales network comprises approximately 140 sales outlets across Russia as well as presence in the CIS, Europe and Asia. TransContainer is listed at MICEX-RTS and LSE. Company's major shareholder is JSC Russian Railways with 50%+2 shares.
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