GEALYA, Israel, November 26, 2010 /PRNewswire-FirstCall/ --
Metalink Ltd. (NASDAQ: MTLK), today announced that its 2010 Annual
General Meeting of Shareholders will be held on Friday, December 31, 2010, at 12:00 p.m. (Israel time), at the law offices of Goldfarb,
Levy, Eran, Meiri, Tzafrir & Co., 2 Weizmann Street,
Tel Aviv, Israel. The record date
for the meeting is the close of business on November 29, 2010.
Metalink will send to its shareholders of record a proxy
statement describing the various matters to be voted upon at the
meeting, along with a proxy card enabling them to indicate their
vote on each matter. The Company will also furnish the proxy
statement to the Securities and Exchange Commission (SEC) on Form
6-K.
The agenda of this announced annual general meeting is as
follows:
1. To re-elect Tzvi Shukhman,
Uzi Rozenberg and Efi Shenhar, as directors;
2. To reappoint Brightman Almagor
& Co., Certified Public Accountants (Israel), a member of Deloitte Touche Tohmatsu,
to serve as the Company's auditors until immediately following the
next annual general meeting of shareholders, and to authorize the
Board of Directors of the Company to fix their remuneration in
accordance with the volume and nature of their services, or to
delegate to the Audit Committee the authority to do so;
3. To approve amendments to Article 69 of the Company's Articles
of Association relating to delivery of notices of shareholder
meetings; and
4. To review and consider the audited financial statements of
the Company for the year ended December 31,
2009.
Items 1-3 require the approval of a simple majority of the
shares voted on the matter. Item 4 does not require a vote by the
shareholders.
In the absence of requisite quorum of shareholders in the
meeting, the meeting shall be adjourned to the same day in the next
week, at the same time and place, unless otherwise determined at
the meeting in accordance with the Company's Articles of
Association. In accordance with the Companies Law, position
statements must be delivered to the Company no later than 10 days
following the record date.
Additional Information and Where to Find It
In connection with the meeting, Metalink will send to its
shareholders of record a proxy statement describing the various
matters to be voted upon at the meeting, along with a proxy card
enabling them to indicate their vote on each matter. The proxy
statement and proxy card may be obtained for free from the SEC's
website at http://www.sec.gov, the Company's website at
http://www.mtlk.com or by directing such request to the Company's
Investor Relations above.
About Metalink
Metalink shares trade on Nasdaq under the symbol "MTLK". For
more information, please visit our website at
http://www.MTLK.com.
Neta Eshed
General Counsel
Metalink Ltd.
Tel: +972-77-4495900
Fax: +972-77-4495901
Neta@MTLK.com
SOURCE Metalink Ltd