Sitronics Announces Results of EGM
OREANDA-NEWS. November 8, 2010. JSC SITRONICS (“SITRONICS” or “The Company”) (LSE: SITR), a leading provider of telecommunications, IT and microelectronic solutions in Russia and the CIS, with a growing presence in other EEMEA emerging markets, today announced that the Extraordinary General Meeting of its shareholders (“EGM”), held on November 1, 2010, approved a number of related party transactions with regard to the provision of SITRONICS’ surety on obligations of Mikron JSC and SITRONICS-Nano, LLC.
The shareholders also approved the interested party transactions which may be made by the Company in the future in the ordinary course of business.
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