GTH- Announcement - Capital Reduction (result of EGM) E 20-3-17
GLOBAL TELECOM HOLDING ANNOUNCES RESULT OF EGM
Amsterdam (20 March 2017) – Global Telecom Holding S.A.E. ("GTH" or the "Company") (EGX: GTHE.CA,
LSE: GLTD:LI), an Egyptian joint stock company, is pleased to announce that it held a successful
extraordinary general assembly meeting of its Shareholders in Cairo on 19 March 2017. The meeting was
attended by Shareholders holding 3,027,956,854 Shares (out of a total of 4,721,121,558 Shares)
representing 64.14%. The resolution proposed to the Shareholders has been approved. The decision of
the meeting is set out below in full in this announcement.
The 524,569,062 ordinary shares, being the number of Buy-Back Shares accepted in the Share Buy-Back,
will now be cancelled.
Unless defined herein, capitalised terms shall have the meaning given to them in the announcement made
by the Company on 16 January 2017.