The general meeting of shareholders of a joint-stock company (JSC) during the war can only be held remotely, such changes to the decision on the functioning of the management bodies of the JSC for the period of martial law were made by the National Commission on Securities and the Stock Market of Ukraine (NKTSBFR).
“Their organization must comply with the rules of the Interim Procedure for Convening and Remote Holding of a General Meeting of Shareholders and a General Meeting of Participants of a Corporate Investment Fund,” the regulator said in a statement.
The corresponding decision of the National Securities and Stock Market Commission No. 250 of April 4 is published on its website and has already entered into force.
As previously reported, the Commission extended the powers of the management bodies of the JSC, which expire during the period of martial law, if it is impossible to hold a general meeting of shareholders.
“The general meeting of shareholders of the joint-stock company must be held within 90 days after the end of martial law,” the decision of the regulator No. 177 of March 16 specified.
By another decision, No. 176 of March 16, the NSMSC approved the procedure for holding a general meeting for the period of martial law. The key changes compared to the usual procedure was the possibility of placing a voting ballot in free access for shareholders no later than nine days, and candidates for JSC bodies no later than three days before the date of the meeting.
In addition, various protocols of the voting meeting can be signed with a qualified electronic signature.
Another condition for holding the meeting is the inclusion in the list of shareholders and notification of the owners of at least 95% of the company’s shares (excluding shares in the accounts of custodians who left the market and excluding shares bought out by JSCs).
Kyivstar mobile communications operator has canceled the monthly fee for most popular services allowing doing business remotely, the press service of the operator reported on Monday. “Many companies now find themselves in difficult conditions when they have to completely rebuild business processes in accordance with the requirements of quarantine. At the same time, some businesses already had experience using services to work online, but most others do not even know where to start. Kyivstar Business not only provides individual expert advice to such companies, but also offers to start working with new tools in testing mode without paying a monthly fee,” the press service said, citing Corporate Business Development Director at Kyivstar Kostiantyn Vechir.
According to the report, in particular, the list of the services includes:
– Microsoft Office 365 and StarTeams (terms of the promotion: connection up to 25 Office 365 licenses for using the services, no monthly fee is charged for 30 days from the date of connection during the period of the action);
– Mobile Virtual PBX (terms of the promotion: use of the service without a monthly fee within 60 days from the connection date during the validity period of the promotion);
– Star.Docs electronic document management system (terms of the promotion: signing an unlimited number of electronic documents without charging a monthly fee or other payments during the promotional offer);
– IoT control center (terms of the promotion: connecting and using the platform without a monthly fee for two full months from the date of activation).
According to the company, the offer is valid from March 23 to April 3, 2020 for all new Kyivstar corporate clients, as well as those existing customers who have not previously ordered services from the promotional list.
Kyivstar is the largest Ukrainian telecommunications operator.
