The Management Board for the joint stock company Ventspils nafta on the basis of a claim of its shareholder, the joint stock company Latvijas naftas tranzīts, informs that an extraordinary general meeting of shareholders of JSC Ventspils nafta will be held on July 20, 2007 at 10 a.m. at the Ventspils Business Centre, 23 Ostas iela in Ventspils. Taking into consideration the claim of JSC Latvijas naftas tranzīts that defined as a necessity to re-elect the Supervisory Board for JSC Ventspils nafta, the following two issues are put on the agenda of the meeting: recall of the Supervisory Board for JSC Ventspils nafta and election of members of the Supervisory Board for JSC Ventspils nafta. Taking into account provisions of the Riga Stock Exchange concerning disclosure of information and basic principles of good practice for public joint stock companies defined by it, the Management Board for JSC Ventspils nafta has asked in written JSC Latvijas naftas tranzīts, as the initiator of the meeting, to submit in due time draft decisions of the meeting and a list of its nominees for members of the Supervisory Board for JSC Ventspils nafta about which JSC Ventspils nafta would then inform its investors through the RSE. Under regulations of the RSE, information about professional experience of nominees for members of the Supervisory Board of last three years shall be obligatory published. Shareholders' registration will be open from 9.00 till 9.45 a.m. on the day of meeting - July 20, 2007 - at the venue of the meeting. Shareholders have rights to participate in the meeting individually or by their authorized representatives or attorneys. Shareholders having a financial instruments account (securities account) with a credit institution or an investment brokerage company shall present, upon registration, a passport or other personal identification document and a receipt confirming blocking of shares on the account. Shareholders having their securities deposited at the Initial Register shall present, upon registration, a passport or other personal identification document. Representatives and attorneys shall present a personal identification document and a written power of attorney (the form of the power of attorney is available on the website of the joint stock company Ventspils nafta, www.vnafta.lv, on the Internet) or authorized representatives shall present a document certifying authority, but if the represented shareholder has a financial instruments account (securities account) with a credit institution or an investment brokerage company, a receipt issued by the holder of the financial instruments account (securities account) confirming blocking of shares shall also be presented. Shareholders of JSC Ventspils nafta shall apply for blocking of shares on their financial instruments accounts (securities accounts) not later than by 10 July 2007 (by the end of the business day). Draft decisions on the agenda of the meeting are available upon a request of shareholders of JSC Ventspils nafta starting from 6 July 2007 till 19 July 2007 at the premises of JSC Ventspils nafta, 23 Ostas iela, Ventspils, Latvia every business day from 2 pm till 5 pm and on the meeting day - at the venue of registration, 23 Ostas iela, Ventspils. The total number of voting shares of JSC Ventspils nafta is 104, 479, 519. JSC Ventspils nafta For further information, please contact Gundega Vārpa calling 7229793 or e-mailing to: gundega.varpa@vnafta.lv.
JSC Ventspils nafta convenes an extraordinary general meeting of shareholders
| Source: Ventspils nafta