X5 Retail Group to Hold the AGM on 12 June 2009
18 May 2009
Amsterdam, 18 May 2009 - X5 Retail Group N.V. (the “Company”), Russia's largest retailer in terms of sales, invites its shareholders/holders of global depository receipts (“GDRs”) to its annual general meeting of shareholders to be held at Parkstraat 20, 2514 JK The Hague, The Netherlands at 11.00 am CET on 12 June 2009 (hereinafter: the "AGM"). The record date for the AGM is 20 May 2009.
The key items that will be discussed at the AGM include the adoption of the financial statements for the financial year 2008, proposal to adjust the Employee Stock Option Plan, and reappointment of two members of the Supervisory Board.
Adjustment of the Employee Stock Option Plan implies extension of the exercise period of options granted under tranches 2, 3 and 4 up to four and a half years from the grant date of each respective tranche. A copy of the agenda of the AGM (including the explanatory notes to the agenda) can be found at http://www.x5.ru/.
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