Adoption of the Financial Statements and the Annual Report for 2013
The Annual General Meeting of Selena Oil & Gas Holding AB (publ) resolved to
adopt the submitted income statement and balance sheet, the consolidated income
statement and the consolidated balance sheet for 2013. The AGM also adopted the
proposed dispositions of the Company’s result as presented in the Company´s
Annual Report for 2013.
Discharge of Directors and CEO from liability for financial year of 2013
Shareholders representing more than ten percent of capital and votes, voted to
deny discharge from liabilities for Directors Nadezhda Popova, Yuri Gusev, Oleg
Popov, Dmitry Ermakov, Aleksejs Rjabijs, Lars Bergström, Jürgen Lamp, Indrek
Rahumaa, Per-Olof Sjöstedt, Poul Waern and Staffan Torstensson and also for CEO
Magnus Stuart.
Election of a new board, auditors and decision on fees to directors and
auditors
The AGM resolved to re-elect Board members Lars Bergström, Indrek Rahumaa,
Jürgen Lamp, PeO Sjöstedt, and Paul Waern. It was noted that Staffan
Thorstensson declined re-election. PricewaterhouseCoopers AB was re-elected as
auditors, with Martin Johansson as responsible auditor until end of the annual
general meeting 2015. It was resolved to set Director’s fees at SEK 125,000 for
each Board member and at SEK 150,000 for the Chairman. The auditors will be
paid in accordance to approved invoicing.
Authorization of the Board to decide on a new share issue
It was resolved to authorize the Board of Directors with a mandate to decide on
new share issues as proposed in the notice to the AGM.
Nomination Committee
The AGM resolved to adopt the proposed principals for establishment of
appointment of a Nomination Committee
Presentation of the special audit report
The special audit report was submitted at the AGM in accordance to the
resolution made at the AGM 2013 to adopt the presented special audit report.
For further information, please contact:
Magnus Stuart, CEO
+46 706 211 350
Selena Oil & Gas Holding AB (Publ) (former Emitor Holding AB) is engaged in the
exploration, production and transportation of oil and gas in the Volga-Ural
region in the Russian Federation, center in Perm. The Company´s shares are
temporarily not publicly listed, but the Company observes all rules, practices
and policies for any company subject to public listing. Selena Oil & Gas
Holding AB are in process of seeking for a new listing. Mangold Fondkommission
serves as before as the company´s Adviser on public information.
