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Bank Leumi - Outcome of General Meeting

16th Jul 2009 15:04

RNS Number : 8132V
Leumi International Investments NV
16 July 2009
 



BANK LEUMI LE-ISRAEL B.M.

(GUARANTOR - GUARANTEED EURO MEDIUM TERM NOTE

PROGRAMME OF LEUMI INTERNATIONAL INVESTMENTS N.V.)

Translation of Immediate Report

Bank Leumi le-Israel B.M.

Registration No. 520018078

Securities of the Corporation are listed on The Tel Aviv Stock Exchange

Abbreviated Name: Leumi

POB 2 Tel Aviv 61000

Phone: + 972 3 5148111, + 972 3 5149419; Facsimile: + 972 3 5149732

Electronic Mail: Yaelr@bll.co.il

16 July 2009 

To:  Israel Securities Authority (www.isa.gov.il) 

The Tel Aviv Stock Exchange (www.tase.co.il)

Immediate Report on Outcome of General Meeting

Regulation 36D of the Securities (Periodic and Immediate Reports) Regulations, 1970

 

1. At the General Meeting held on 16 July 2009 the following resolutions were approved:

Resolutions attached. 

Note: If the General Meeting approved resolution where the legally required majority is not  an ordinary majority, the following details will be included in the report: Total number of shares participating in the vote, number of shares voting in favor of and against the resolution, and the percentagethat these constitute out of the total number of shares included in the quorum for the purposes of the vote, while differentiating between the controlling shareholders or those voting on their behalf and the non-controlling shareholders or those voting on their behalf. In addition, any other differentiation between shareholders as is required for the purposes of approving the resolution will be noted.

_____________________________________________________________________

Name of Electronic Reporter: Yael Rudnicki, Position: Group Secretary

POB 2 Tel Aviv 61000, Phone: + 972 3 5149419, Facsimile: + 972 3 5149732, 

Electronic Mail: Yaelru@bll.co.il

  Bank Leumi le-Israel B.M.

Annex to Immediate Report dated 16 July 2009

Resolutions Approved at the AnnuaGeneral Meeting held on 16 July 2009 

 

Item 1: The Financial Statements for 2008

 

Resolved: To receive the Financial Statements and the Reports of the Directors and Auditors for the year ending 31 December 2008.

 

Item 2:  Election of Auditors

 

Resolved: To reelect the Auditors Somekh Chaikin and Kost Forer Gabbay & Kasierer, and to authorize the Audit Committee of the Board of Directors to fix their remuneration.

 

Item 3: Election of Mr. Reuven Adler as an External Director 

 

Resolved  To elect Mr. Reuven Adler as an External Director pursuant to sections 239 and 245 of the Companies Law, 1999 for a period of three years, commencing 24 July 2009.

For details regarding the voting, see below. 

 

Item 4: Election of Directors

 

Item 4(a): Reelection of Ms. Zipora Gal Yam as a Director 

 

Resolved: To reelect Ms. Zipora Gal Yam as a Director.

 

Item 4(b): Reelection of Prof. Arieh Gans as a Director

 

Resolved: To reelect Prof. Arieh Gans as a Director.

 

Item 4(c): Reelection of Mr. Doron Cohen as a Director

 

Resolved: To reelect Mr. Doron Cohen as a Director.

 

Item 4(d): Reelection of Prof. Efraim Sadka as a Director

 

Resolved: To reelect Prof. Efraim Sadka as a Director.

 

Item 8 Resolutions concerning Approval of Holding Positions and Disclosure by Officers

 

Resolved: To approve the resolutions concerning approval of holding positions and disclosure  by officers, according to the text presented to the Meeting.

  Details of the Voting regarding Item 3 

The majority required to approve the resolution in Item 3 on the agenda is an ordinary majority of the total voting rights of the stockholders entitled to vote and who voted in person (including by means of a voting paper) or by proxy, provided that one of the following shall be true - (1) in the vote count the majority shall include at least one third of the total votes of stockholders who are not controlling shareholders of the Bank or acting on their behalf, taking part in the vote (in calculating the total votes of such stockholders, abstentions will not be taken into account); or, (2) the total number of opposing votes of the above stockholders will not exceed 1% of the total voting rights in the Bank. 

No. of Shares Percentage

Total shares participating in the vote -  414,397,488 100.00%

Number of shares voting in favor of the 

proposal:

 

Shares Committee on behalf of 209,191,193 50.48%

the State of Israel (controlling

shareholder) - 

 

Other shareholders -  205,168,519 49.51%

Total in favor of the proposal -  414,359,712 99.99%

Total shares that voted against - 37,776 0.01%

 

-----------------------------------------------------------------------

Total shares that participated in

the vote, excluding the State - 205,206,295

Total shares that voted in favor of

the proposal (excluding the State) - 205,168,519

One third of the participants in the

vote, excluding the State, as required 

by section 239 of the Companies Law -    68,402,098

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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