UniCredit Bank Hungary Zrt.
Summary:
The Board of Directors of the Central Clearing House and Depository (Budapest) Ltd. – KELER, and the Board of Directors of KELER Central Counterparty Ltd. - KELER CCP, convene the Annual General Meeting on Wednesday, 28 May 2014.
Tue, 13/05/2014
Dear Client,
The following major agenda points have been announced for the Hungarian CSD, KELER’s Annual General Meeting convened for 28 May 2014:
- Board of Directors summary on business year 2013
- Approval of the annual report, decision on the distribution of profit
- Approval of the Consolidated Annual Report
- Amendment of the Articles of Association
- Decision on the remuneration of the Board of Directors and the Supervisory Board
- Modification of the conditions of absolute guarantee towards KELER CCP
The following major agenda points have been announced for KELER CCP’s Annual General Meeting convened for 28 May 2014:
- Board of Directors summary on business year 2013
- Approval of the annual report, decision on the distribution of profit
- Amendment of the Articles of Association
- Decision on the remuneration of the Board of Directors and the Supervisory Board
- Modification of the conditions of absolute guarantee issued by KELER towards KELER CCP.
Impact on investors: The Hungarian CSD, KELER, and KELER CCP have published the agenda of their Annual General Meetings scheduled for 28 May 2014. An important topic at both meetings will be the future of KELER’s guarantee towards the CCP company.