Shareholders' meeting at 30 April 2009
The Board of Directors of Stodir (FL Group hf.) hereby calls for a Shareholders‘ Meeting to be held on Thursday 30 April 2009 at 17:00 GMT at the Company‘s offices at Hatun 2b, 2nd floor, 105 Reykjavik
1. Restructure of the Company’s finances. Proposal that the Shareholders Meeting resolves that the Management of Stodir will be authorized to continue with the reorganization of the company in accordance with the presented plan.
2. Proposal to amend the Company’s Articles of Associations:
a. Proposal to change the name of the Company to Stodir hf. The proposal includes amendments to Article 1 of the Company‘s Articles of Association.
b. Proposal to change the address of the Company. The proposal includes amendments to Article 2 of the Company‘s Articles of Association.
c. Proposal to fully reduce share capital and raising again to the minimum of ISK 4,000,000,00. The proposal includes amendments to Article 4 of the Company‘s Articles of Association.
d. Proposal to grant the Board of Directors the Authority to issue a new share class. The proposal involves adding B class of shares so that the Company‘s shares will be divided into two classes, A and B. The proposal includes amendments Article 4 of the Company‘s Articles of Association.
e. Proposal to increase the Board of Directors authority to issue new shares. The proposal includes amendments Article 4 of the Company‘s Articles of Association.
f. Proposal to amend the way meetings are called. The proposal includes amendments Article of the Company‘s Articles of Associations, subchapter “Calling a meeting” .
g. Proposal that the Annual General Meeting shall be held before the end of August every year. The proposal includes amendments Article 9 of the Company‘s Articles of Association.
h. Proposal to amend the Articles of Associations so that chapters and subparagraphs will be numbered.
3. Other issues
Shareholders can cast their vote on the proposals in writing. Ballots are available at the office of the Company as of Friday, 24 April 2009. Votes can be cast at the office. Shareholders that so request in writing by Friday, 24 April 2009, can receive ballots by mail. Ballots shall be delivered to the offices of the company no later than by Wednesday 29 April 2009, at 4.00 PM or delivered at the shareholder meeting. Only votes of shareholders that are at that time duly registered in the registry of shares of the company will be counted at the shareholder´s meeting.
Information for the meeting, including proposals of the Board of Directors with statement of the board, will be available at the offices of Stodir as of Thursday, 23 April 2009, and will be sent to those shareholders that so request.
Reykjavík, 22 April 2009
The Board of Directors of Stodir (FL GROUP hf. )