Commercial International Bank (Egypt) S.A.E.
Authorized Capital: EGP 20 Billion
Issued and Paid-in Capital: EGP 6,001,623,790
Head Office: Nile Tower Building
21/23 Charles de Gaulle St., Giza,
C.R. 69826 Giza
Invitation to the Second Extraordinary General Assembly
The Bank's Board of Directors cordially invites the shareholders to attend the Second Extraordinary General Assemblyto be held on Monday, 15th of July, 2013 at 6:00 P.M. at the Opera ball room, Sofitel El Guzeira Hotel - 3 El Thawra Council St., Zamalek,
Downtown- Cairo:
The Purpose of the Meeting is to discuss and resolve the following items:
(1) Approve amending Articles Six and Seven of the Bank's Statute to reflect the increase in Issued Capital from EGP 6,001,623,790 to EGP 9,002,435,685 as approved by the Ordinary General Assembly and delegate the Chairman and Managing Director or his deputy in fulfilling all necessary procedures in relation to said amendment.
(2) Delegate the Board of Directors in amending Articles Six and Seven of the Bank's Statute as they resolve any future decision to increase the Issued Capital within the limit of the Authorized Capital and delegate the Chairman and Managing Director or his deputy in fulfilling all necessary procedures in relation thereto.
(3) Attribute to the Board of Directors the power to issue financial instruments in the form of Bonds and/or Subordinated Loans to be issued in one or several tranches for an aggregate amount of EGP 5 billion or its equivalent in foreign currency and delegating the Board the power to approve the prospectus of these issues and to fulfill all necessary procedures with the concerned authorities in relation thereof.
Please note the following:
First: Each shareholder is entitled to attend the General Assembly meeting in person or by a proxy to another shareholder, other than CIB's Board Members, in the form of a written power of attorney. Except for juristic individuals, any shareholder is not entitled to represent in the form of proxies more than 10% of the total Bank stocks and 20% of the stocks represented at the Meeting.
Second: For attendance purposes, each shareholder is requested to present a certificate accompanied by statement of stocks issued by an authorized bookkeeper confirming blocking of stocks at least three days prior the meeting date.
Third: Detailed statements and documents - as stipulated in article 228 of the Executive Regulations of Law No. 159/1981 will be available at the Bank's Financial Controls Department, Head Office, during the Bank's official working hours for the perusal of all shareholders.
Fourth: Any inquiry concerning the items listed in the General Assembly Agenda should be addressed in writing to the Bank's Financial Controls Department, Head Office, via registered mail or hand delivered against a receipt, at least three days prior the Assembly date. Only items pertaining to the stated agenda shall be discussed during the meetings.
Fifth: If the legal quorum of the Extraordinary General Assembly is not attained, a second meeting shall take place during the 30 days following the first meeting and will be publicized. The second meeting shall be considered valid if attended by a number of shareholders representing at least one fourth of the bank's capital.
Sixth: The resolutions of the Extraordinary General Assembly shall be issued by a majority of two-thirds of the stocks represented in the meeting.
Seventh: Meetings attendance is restricted to the Bank's shareholders, i.e. no escorts are allowed.
For registration purposes, you are kindly requested to be present one hour prior to the Assembly commencement.
With the compliments of the Commercial International Bank (Egypt).
Amin Hisham Ezz Al-Arab
Chairman & Managing Director
Click on, or paste the following link into your web browser, to view the associated PDF document.
http://www.rns-pdf.londonstockexchange.com/rns/7913I_1-2013-7-8.pdf
