Notice of EGM
01 Dicembre 2009 - 5:59PM
UK Regulatory
TIDMORPK
RNS Number : 4218D
Orpak Systems Ltd
01 December 2009
1 December 2009
Orpak Systems Ltd
("Orpak" or "the Company")
Notice of Extraordinary General Meeting
Orpak Systems Ltd, the leading provider of card-free secure fuel payment systems
based on vehicle identification and end-to-end solutions for the automation of
fuel stations, gives notice that an extraordinary general meeting (the "General
Meeting") of the Company will be held at the offices of Speechly Bircham LLP, 6
New Street Square, London EC4A 3LX, United Kingdom, at 4:00p.m. (London time) on
December 22, 2009, to consider, and if thought fit, pass the following
resolution which will be proposed as an ordinary resolution:
Ordinary Resolution
THAT the General Meeting approves the Board of Directors' resolution dated
December 1, 2009 (following the approvals of the Company's Audit Committee) to
approve the terms of the purchase of a real estate property, in the area (gross,
according to the building plan) of approximately 2,070 Sq. Meters (including
attachments, like: parking places and communal property), located at 31 Halechi
Street, Bnei-Brak, Israel, in which the Company's offices are located (the
"Property"), from Darpak Real Estate Ltd., a company under the control of
Inter-Gamma Investment Company Ltd. which is also the ultimate controlling
shareholder of the Company, for the sum of 11,700,000 New Israeli Shekels
("NIS") plus applicable VAT.
With the exception of those Directors of the Company who are involved in the
proposed transaction as a related party, the Directors of the Company consider,
having consulted with the Company's nominated adviser, Libertas Capital, that
the terms of the transaction are fair and reasonable insofar as its shareholders
are concerned.
Additional details with respect to the Property and the terms of the purchase
agreement are included in the "Additional Information" annexed to the Notice of
the General Meeting that will be posted to shareholders.
Enquiries
Orpak Systems Ltd
Hayim Kohen, CEO +972 3 577 6868
Hemi Shtral, CFO
Libertas Capital
Sandy Jamieson +44 20 7569 9650
Corfin Communications
Harry Chathli, Claire Norbury +44 20 7977 0020
Note to Editors:
Orpak develops, manufactures and markets end-to-end solutions for the automation
of fuel stations and fleet management. Orpak is a market leader in automated
refueling systems that incorporate fuel payment based on vehicle identification.
Using advanced technologies to meet customer requirements, Orpak's solutions
integrate forecourt automation and management, convenience-store management
systems, commercial and retail sales solutions, and fuel delivery systems. The
Company's solutions are designed to benefit customers through enabling fuel
savings, preventing fuel fraud, maximizing loyalty programs and providing other
advanced services that increase profitability.
The Company's products have been delivered to more than 11,250 fuel stations and
2.5 million vehicles in 30 countries across the globe and are distributed
through an international network of subsidiaries and partners.
Orpak has been ISO-9001 certified since 1995, and the Company's products
meet appropriate local safety standards and regulations in markets in which it
operates.
Orpak (AIM: ORPK) was admitted to AIM in December 2005.
This information is provided by RNS
The company news service from the London Stock Exchange
END
NOETBBFTMMAMBRL
Grafico Azioni Orpak Systems (LSE:ORPK)
Storico
Da Mag 2024 a Giu 2024
Grafico Azioni Orpak Systems (LSE:ORPK)
Storico
Da Giu 2023 a Giu 2024
Notizie in Tempo Reale relative a Orpak Systems (Borsa di Londra): 0 articoli recenti
Più Orpak Systems Articoli Notizie