NETANYA, Israel, June 16, 2020 /PRNewswire/ -- Cellcom Israel Ltd.
(NYSE: CEL) announced today that an Annual General Meeting of
Shareholders (the "Meeting") of Cellcom Israel Ltd. (the "Company")
will be held on Monday, July 27,
2020, at 4:00 p.m.
(Israel time), at the offices of
the Company, 10 Hagavish Street, Netanya, Israel. The record date for the Meeting is
Thursday, June 25, 2020.
The agenda of the Meeting is as follows:
(1-3) re-election of Doron Cohen, Gustavo
Traiber and of Aaron Kaufman
as directors;
(4) re-approval of the Company's
Compensation Policy;
(5) re-approval of granting an
indemnification and exemption letter for office holders who are, or
are related to, the Company's controlling shareholders, or in
respect of whom the Company's controlling shareholders have a
personal interest in their receiving indemnification and exemption
letters from the Company;
(6) appointment of Keselman
& Keselman, a member of PricewaterhouseCoopers International
Limited, as our independent auditors; and
(7) consideration of our
audited financial statements for the year ended December 31, 2019.
Quorum
Two or more shareholders holding in the aggregate at least
one-third of the outstanding voting power in the Company, present
in person or by proxy and entitled to vote, will constitute a
quorum at the
Meeting.
Voting Requirements
Items 1-3 and 6 require the affirmative vote of the holders of a
majority of the voting power present at the meeting, in person or
by proxy, and voting on the matter.
Items 4-5 require the affirmative vote of the holders of a
majority of the voting power present at the meeting, in person or
by proxy, and voting on the matter, provided that either (i) at
least a majority of the shares of the holders who are not
controlling shareholders of the Company or who do not have a
personal interest in the approval of the proposal voted at the
meeting, vote in favor of the proposal (disregarding
abstentions and broker non-votes which will not be considered
votes cast for this purpose, and will have no effect on the vote) ;
or (ii) the total number of shares among the shareholders described
in section (i) above voted against the proposal does not exceed 2%
of the aggregate voting rights in the Company.
Item 7 will not involve a vote.
Proxy statements and proxy cards for use by shareholders that
cannot attend the meeting in person will be sent by mail, on or
about June 30, 2020, to the Company's
shareholders that hold shares registered with the American Stock
Transfer & Trust Company, including shares held via Depository
Trust Company (DTC) members other than the Tel Aviv Stock Exchange
Clearinghouse. Shareholders that hold shares via the Tel Aviv Stock
Exchange Clearinghouse may access the proxy statement and a form of
Hebrew ballot via the following websites:
http://www.magna.isa.gov.il and
http://maya.tase.co.il.
About Cellcom Israel
Cellcom Israel Ltd., established in 1994, is a leading Israeli
communications group, providing a wide range of communications
services. Cellcom Israel is the largest Israeli cellular provider,
providing its approximately 2.747 million cellular subscribers (as
at March 31, 2020) with a broad range
of services including cellular telephony, roaming services for
tourists in Israel and for its
subscribers abroad, text and multimedia messaging, advanced
cellular content and data services and other value-added services
in the areas of music, video, mobile office etc., based on Cellcom
Israel's technologically advanced infrastructure. The Company
operates an LTE 4 generation network and an HSPA 3.5 Generation
network enabling advanced high speed broadband multimedia services,
in addition to GSM/GPRS/EDGE networks. Cellcom Israel offers
Israel's broadest and largest
customer service infrastructure including telephone customer
service centers, retail stores, and service and sale centers,
distributed nationwide. Cellcom Israel further provides OTT TV
services, internet infrastructure and connectivity services and
international calling services, as well as landline telephone
services in Israel. Cellcom
Israel's shares are traded both on the New York Stock Exchange
(CEL) and the Tel Aviv Stock Exchange (CEL). For
additional information please visit the Company's website
http://investors.cellcom.co.il.
Company
Contact Shlomi
Fruhling Chief Financial
Officer investors@cellcom.co.il Tel: +972 52 998 9735
|
Investor Relations
Contact Ehud
Helft GK Investor & Public
Relations In partnership with LHA cellcom@GKIR.com Tel: +1 617 418 3096
|
View original
content:http://www.prnewswire.com/news-releases/cellcom-israel-ltd-announces-annual-general-meeting-of-shareholders-301077459.html
SOURCE Cellcom Israel Ltd.