OREANDA-NEWS. The in-person meeting of the Board of Directors of Shvabe - Defense and Protection, the Shvabe Holding's Company, was held on September 3rd, 2015.

At the end of the meeting some issues were discussed, including the approval of the transaction under the Articles of Association of the Company and the amendments to the Real Estate Lease Regulations of Shvabe - Defense and Protection JSC.

Furthermore, it was decided to pay an annual award for 2014 to the Director General of the Company.

Also the issue on determination of the offering price for additional privately placed shares was put forward for discussion.