The Board of directors of Not-for-profit partnership "Russian Trading System" Stock Exchange" has received more than 40 letters from members of NP RTS which contain calls for an extraordinary meeting of the Council of NP RTS.
According to the Charter of NP RTS more than 20% of members’ votes are necessary to call an extraordinary meeting of the Council. Currently the share of such members is above 25%.
The Board of directors of NP RTS has approved May 18, 2011 as a day for conducting the extraordinary meeting of the Council.
The agenda of the meeting is as follows:
- Cessation of authority of the effective Board of directors of NP RTS.
- Forming a new composition of the Board of directors of NP RTS.
- Determining rules for usage of assets of NP RTS and carrying out a public and independent appraisal of the assets of NP RTS.
- Determining the priorities for the development of NP RTS.
The Board of directors of NP RTS did not consider the questions of disposal of property of NP RTS nor the election of a new chairman of the Board of directors of NP RTS, due to announcing the day of the extraordinary meeting of the Council.
