Olympic Entertainment Group
Minutes of extraordinary general meeting
OEG: Decision of the extraordinary general meeting
The extraordinary general meeting of shareholders of OLYMPIC ENTERTAINMENT GROUP AS (OEG) was held today, on 10 September 2018, at the Conference centre of Hilton Tallinn Park (Kreutzwaldi 23, Tallinn, Estonia) (the Meeting).
The announcement regarding the Meeting, including its’ agenda was published on 8 August 2018 on the webpage of the Company www.olympic-casino.com and through the information system of the Nasdaq Tallinn Stock Exchange. The announcement regarding the Meeting was also published in the daily newspaper Eesti Päevaleht also on 8 August 2018.
15 shareholders attended the Meeting representing 148,313,494 votes, constituting 97.71% of the votes represented by all the shares of OEG. The Meeting had quorum to pass resolutions regarding the item on the agenda of the Meeting.
The Meeting adopted the following decision:
“To approve and decide the takeover of shares of OLYMPIC ENTERTAINMENT GROUP AS held by the minority shareholders by Odyssey Europe AS (registry code 14437516, address Sõpruse pst 145, Tallinn 13417, Estonia) in course of the merger of OLYMPIC ENTERTAINMENT GROUP AS, as the company being acquired, with and into Odyssey Europe AS, as the acquiring company, in accordance with Section 4211 and Chapter 291 of the Estonian Commercial Code for a monetary compensation of EUR 1.40 per share of the Company.”.
Results of the vote:
| In favour: || 137,033,652 votes || 92.39% of the votes represented at the Meeting |
| Against: || 11,279,331 votes || 7.61% of the votes represented at the Meeting |
| Impartial: || 11 votes || 0.00% of the votes represented at the Meeting |
| Did not vote: || 500 votes || 0.00% of the votes represented at the Meeting |
The resolution was adopted at the Meeting following the procedure for passing of resolutions set forth in laws and in the Articles of Association of OEG. Minutes on the Meeting will be made available at the location of OEG and via webpage of OEG within 7 days after closing of the Meeting.
Olympic Entertainment Group AS
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