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2011 January 25   14:54

FESCO requests to call TransContainer EGM for Board re-election

FESCO Transportation Group has sent the request to call the Extraordinary General Shareholders Meeting to re-elect TransContainer’s Board of Directors, the Group’s press release said.

The company said three candidates had been nominated to TransContainer Board: FESCO’s CEO & President Sergey Generalov, Chairman of the Board of FESCO Transportation Group Managing Company Ltd Kirill Rubinsky and Rohan Global Consulting General Director Gerald Rohan.

In November last year FESCO acquired 12.5% of TransContainer shares during the IPO (both common stock and depositary receipts), as a first step in its strategic plan to assume control over TransContainer through purchase of controlling stock. Now the majority stake is owned by Russian Government represented by Russian Railways (RZD JSC).

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