OJSC “Company “M.video” (“M.video” or the “Group”), Russia's leading
consumer electronics retailer (RTS, MICEX: MVID), announced that the Board of
Directors took a decision to call an Extraordinary General Shareholders’
Meeting (EGSM) of the Company for 30 November, 2010 to elect the Board of
Ilpo Helander, Vice-Chairman of the Board and Member of the Audit Committee has
asked the Board to accept his retirement from the Board by the end of
Alexander Tynkovan, President and CEO of OJSC “Company “M.video” commented: “We
recognize Ilpo’s invaluable contribution to the Board and the Company as he was
serving as a Board member since M.video went public in 2007. We will miss
Ilpo’s professional expertise and would like to wish only success and happiness
in his future endeavors”.
The EGSM of OJSC “Company “M.video” will take place in Moscow, in the Company’s
headquarters. October 15, 2010 is set up as record date for the EGSM.