Notice is hereby given that an Extraordinary General Meeting will be held on
Thursday 9 December 2010 at 6.00 p.m. Faroese time, at the Company
Headquarters, Yviri við Strond 2, Tórshavn, Faroe Islands, with the following
agenda:
Agenda
1. Change to the Company Articles of Association
1.1 Change of the Company name
The Board of Directors propose that the Company name be changed from Eik Banki
P/F to EB af 30. september 2010 P/F, and furthermore, that all secondary names
be erased from Article 1.1 in the Articles of Association
1.2 Change to the object of the Company
The Board of Director propose that the object clause be changed and that the
amended wording will be:
”The object of the Company is to terminate the Company activities that are
withstanding after the sale of the Company financial activities in accordance
with the conditional transfer agreement between the Company and the Danish
Financial Stability Company A/S.
The amendments of the Articles of Association are required due to the
finalisation of the conditional transfer agreement that Eik Banki entered into
with the Financial Stability Company A/S on 30 September 2010 in accordance
with the Financial Stability Act. As a consequence of this agreement, the
Company has transferred its activities (except share capital and other
subordinated capital) to a subsidiary of Financial Stability Company A/S.
2. Authorisation for the Board of Directors
The Board of Directors propose that the Board be authorised with power of
delegation to report the resolutions to the authorities and furthermore, to
make changes that may be required by the Faroese Company Registration
Authority, VP Securities A/S, Nasdaq OMX Copenhagen A/S or other authorities as
a condition for registration or approval.
Adoption Requirements
Adoption of the motions under item1 on the Agenda requires at least 2/3 of the
votes cast as well as by 2/3 of the voting shares repre¬sented at the General
Meeting in accordance with Section 78(1) in the Companies Act and Article 14(1)
in the Articles of Association.
For the motion under item 2 on the Agenda to be adopted a simple majority is
required, See Section 77 in the Companies Act and Article 14(7) in the Articles
of Association.
Agenda and Complete Motions
The agenda, the conditional agreement and complete motions will be available
for inspection by shareholders at the Company's Headquarters Yviri við Strond 2
in Tórshavn no later than 8 days prior to the meeting, in accordance with
Section 73(7) in the Companies Act.
Custodian Bank
Eik Banki P/F is the issuer of the Company's own shares. Therefore,
shareholders may execute their financial rights by either contacting Eik Banki
P/F or their own custodian bank.
Sharecapital and Voting Rights
The Company's share capital amounts to DKK 812.927.400 divided into 8.129.274
shares in the denomination of DKK 100,00. The Representatives excercise the
shareholders voting rights at the Company's General Meetings. Shareholders have
the right to attend the General Meeting by showing the admission card. They
have the right to speak but not to vote.
Admission Cards
Admission cards can be obtained up to and including Friday 3 December 2010 at 4
pm (local time) at request either by sending an e-mail to office@eik.fo or by
telephone +298 348571 or +298 348565.
On behalf of the Board of Directors
Yours sincerely
Odd Bjellvåg, Chairman
