{"id":509088,"date":"2021-07-01T16:13:17","date_gmt":"2021-07-01T20:13:17","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/ellomay-capital-ltd-announces-2021-annual-general-meeting-of-shareholders\/"},"modified":"2021-07-01T16:13:17","modified_gmt":"2021-07-01T20:13:17","slug":"ellomay-capital-ltd-announces-2021-annual-general-meeting-of-shareholders","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/ellomay-capital-ltd-announces-2021-annual-general-meeting-of-shareholders\/","title":{"rendered":"Ellomay Capital Ltd. Announces 2021 Annual General Meeting of Shareholders"},"content":{"rendered":"
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PR Newswire<\/p>\n<\/p><\/div>\n

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\n TEL-AVIV, Israel<\/span>, July 1, 2021<\/span> \/PRNewswire\/ — Ellomay Capital Ltd. <\/b>(NYSE American: ELLO)\u00a0(TASE: ELLO) (“Ellomay” or the “Company”)<\/b>,\u00a0<\/b>a renewable energy and power generator and developer of renewable energy and power projects in Europe<\/span> and Israel<\/span>,\u00a0<\/b>today announced that it will hold its annual general meeting of shareholders (the “Meeting<\/b>“) at the Company’s offices at 18 Rothschild Boulevard, 1st Floor, Tel Aviv<\/span> 6688121, Israel<\/span>, on Thursday, August 12, 2021<\/span>, at 2:00 p.m.<\/span>, Israel<\/span> time, and thereafter as it may be adjourned or postponed from time to time. <\/p>\n

The agenda of the Meeting will be as follows:<\/p>\n

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  1. Reelection of Shlomo Nehama<\/span>, Ran Fridrich, Anita Leviant<\/span> and Ehud Gil<\/span> as directors; <\/li>\n
  2. Approval of an amended compensation policy for the Company’s officers and directors; <\/li>\n
  3. Approval of an Amended and Restated Management Services Agreement among the Company, Meisaf Blue & White Holdings Ltd., Kanir Joint Investments (2005) LP and Keystone R.P. Holdings and Investments Ltd.; <\/li>\n
  4. Approval of grant and extension of indemnification undertaking, which includes an undertaking to provide liability insurance, to office holders who are deemed to be controlling shareholders; <\/li>\n
  5. Approval of grant and extension of an exemption to office holders who are deemed to be controlling shareholders; <\/li>\n
  6. Reappointment of Somekh Chaikin, a member of KPMG International, as the independent auditors of the Company for the fiscal year ending December 31, 2021<\/span> and until the next annual general meeting of the Company’s shareholders, and authorization of the Board of Directors to approve, following the approval of the Audit Committee, the remuneration of the independent auditors in accordance with the volume and nature of their services; and <\/li>\n
  7. Receipt and consideration of the Auditors’ Report and the Financial Statements of the Company for the fiscal year ended December 31, 2020<\/span>.<\/span>\u00a0This item does not require a shareholder vote.<\/li>\n<\/ol>\n

    Shareholders of record as of the close of business on July 6, 2021<\/span> will be entitled to vote at the Meeting or any adjournments or postponements thereof. The Company plans to mail a proxy statement that describes the proposals to be considered at the Meeting and a proxy card on or about July 7, 2021<\/span>. A proxy statement and proxy card will also be furnished to the Securities and Exchange Commission on Form 6-K on or about July 1, 2021<\/span>.<\/p>\n

    Each of the resolutions to be presented at the Meeting requires the affirmative vote of holders of at least a majority of the ordinary shares voted, in person or by proxy or via the electronic system of the Israel Securities Authority, at the Meeting on the matter presented for passage. However, the approval of the proposals under Items 2-5 is also required to comply with additional special “disinterested” voting requirements as set forth in the proxy statement. Item 7 does not require a shareholder vote. <\/p>\n

    Shareholders wishing to express their position on an agenda item for the Meeting may do so by submitting a written statement to the Company’s offices at the above address by August 2, 2021<\/span>. Any position statement received will be furnished to the SEC on Form 6-K, which will be available to the public on the SEC’s website at http:\/\/www.sec.gov<\/a> and on the websites of the Israel Securities Authority and Tel Aviv Stock Exchange at http:\/\/www.magna.isa.gov.il<\/a> or http:\/\/maya.tase.co.il\/<\/a>, respectively. Eligible shareholders may present proper proposals for inclusion in the Meeting by submitting their proposals to the Company no later than July 8, 2021<\/span>.<\/p>\n

    Shareholders may vote their ordinary shares by means of a deed of vote or proxy card, which are required to be received by the Company, along with the documentation set forth in the proxy statement, by 10:00, Israel<\/span> time, on August 12, 2021<\/span> (four hours prior to the Meeting), to be counted for the Meeting, or through the electronic system of the Israel Securities Authority until six hours prior to the Meeting.<\/p>\n

    \n About Ellomay Capital Ltd.<\/b>\n <\/p>\n

    Ellomay is an Israeli based company whose shares are registered with the NYSE American and with the Tel Aviv Stock Exchange under the trading symbol “ELLO”.\u00a0Since 2009, Ellomay Capital focuses its business in the renewable energy and power sectors in Europe<\/span> and Israel<\/span>.<\/p>\n

    To date, Ellomay has evaluated numerous opportunities and invested significant funds in the renewable, clean energy and natural resources industries in Israel<\/span>, Italy<\/span> and Spain<\/span>, including: <\/p>\n