Explanations regarding the compliance with Article 100 of the Luxemburg Corporate Act of 10 August 1915

Current report no 44
Dated 27.05.2013
 
Westa ISIC S.A.
Société anonyme
Registered office: 65, boulevard Grand-Duchesse Charlotte,
L-1331 Luxembourg
R.C.S. Luxembourg: B 150.326
(the “Company”)
 
Explanations regarding the compliance with Article 100 of the Luxemburg Corporate Act of 10 August 1915
 
As the total loss of the Company as of December 31, 2012 amount to EUR 23,134,577.85 (EUR 22,116,208.97 is the loss for 2012 financial year and EUR 1,018,368.88 is the loss brought forward from previous periods) and exceeds half of the Company’s corporate capital, the shareholders must to deliberate at shareholders’ general meeting which will be held on June 5, 2013, on the continuity of the Company’s activity according to art 100 of the Luxemburg Corporate Act of 10 August 1915.
 
Legal Grounds: Article 56.1 in connection with article 56.6 of the Act of 29 July 2005 on the public offering, conditions governing the introduction of financial instruments to organized trading system and on public companies.
 
Signatures of individuals authorized to represent the Company:
 
Date
Name
Signature 
27-05-2013
Oksana Mazurkevych
Oksana Mazurkevych

WESTA «WESTA» International Scientific Industrial Corporation
5,Pisargevskyy Street, 49005, Dnepropetrovsk, Ukraine
E-mail: westa@westa-inter.com
Web: http://westa.com.ua