Board of Directors on 27 July 2007 to the agenda of the Companys extraordinary General Meeting to be held on 31 August 2007
Strategic decision on the future and introduction of Pannunion Group (plastic packaging activities) to the stock exchange
The Board of Directors has decided on the summoning of an extraordinary General Meeting and the announcement of a new strategy
Modification of the Companys Articles of Corporation: instead of the Board of Directors and the Supervisory Board, the establishment of a uniform Board of Directors in line with the relevant requirements of the Act on Business Associations.
PANNONPLAST Plastics Industry Public Company Limited by Shares (PANNONPLAST Plc. or Company) will hold its extraordinary General Meeting (General Meeting) at 8.30 a.m. on 31 August 2007, Friday, at the Companys Headquarters (H1097 Budapest, Könyves Kálmán körút 5/b., Floor III).
Pannonplast Plcs extraordinary General Meeting summoned for 19 December 2006 launched a process of quest for partners towards the more efficient implementation of Pannunion Groups regional strategy. In the course of the process, Pannonplast has conducted negotiations with several potential investors.
At todays meeting of the Board of Directors, Pannonplast Plc. has decided on the summoning of an extraordinary General Meeting whose invitation and detailed agenda will be published by the Company in a separate disclosure. The reason underlying the summoning of the extraordinary General Meeting is that the mandates of 5 members of the Board […]
Profitable, steady operations in spite of the large costs in excess of HUF 150 million in the first half of the year incurred in association with the framing of Pannonplasts new strategy, preliminary and feasibility researches and the quest for partners for Pannunion.
Treasury share transactions On 15 June 2007, Pannonplast Plc. rolled over stock-exchange futures contracts corresponding to 90,000 Pannonplast Plc. equity shares expiring in June this year to an expiration in December 2007.
In compliance with its disclosure obligations, on its own behalf and as commissioned by István Töröcskei, member of Pannonplast Plcs Board of Directors, Pannonplast Plc. hereby announces that at the Budapest Stock Exchange 30,000 shares represented by purchase contracts transacted with an expiration in December 2006 have been delivered.
In compliance with its disclosure obligations, purchased 10,000 Pannonplast Plc. shares
In compliance with its disclosure obligations, on its own behalf and as commissioned by Benji Invest Ltd., Pannonplast Plc. hereby announces that with the value date of 03 July 2007 at the Budapest Stock Exchange Benji Invest Ltd. purchased 10,000 Pannonplast Plc. shares with the assistance of Erste Bank Hungary Investment Ltd. at a unit […]
Treasury share transactions
Long-term lease agreement for the utilization of the production property in Szombathely
On 29 May 2007, in the framework of a long-term lease agreement Pannonplast Mûszaki Mûanyagok Zrt. succeeded in utilizing its real-estate property in Szombathely formerly used for the manufacturing of technological plastics.
In compliance with its disclosure obligations purchased and sold 13,300 Pannonplast Nyrt. shares
Q1 of 2007
