Resignation of Director
Mr. Max Abitbol, Non-Executive Director, has resigned as a non-executive director of the Company with effect from 19 December 2008. The Board of Directors would like to thank Max for his contribution to the Group.
Notice of Annual General Meeting
The Company today announces that it has posted to shareholders and holders of Depositary Interests the Annual Report and Accounts for 2008 and a Notice of the Annual General Meeting ("AGM").
The AGM will be held at 11:00 a.m. CET (10:00 a.m. GMT) on 19 December 2008 at Haaksbergweg 59, 1101 BR Amsterdam Zuidoost, The Netherlands.
The AGM notice contains the following resolutions:
Ordinary resolutions
1. To receive and adopt the Company’s Annual Report for the financial year ended 30 June 2008;
2. To approve and ratify the directors’ remuneration for the financial year ended 30 June 2008;
3. To approve the payment of the dividend for the year ended 30 June 2008 of 3.5 US cents per share on 6 May 2008;
4. To dismiss Eyal Cohen as Chief Financial Officer and Executive Director of the Company with effect from 5 November 2008, and, as far as necessary, to ratify Eyal Cohen’s dismissal as Chief Financial Officer and Executive Director of the Company with effect from 5 November 2008;
5. To accept and ratify Stephen Major’s resignation as Chief Operating Officer and Executive Director of the Company with effect from 5 November 2008;
6. To accept and ratify Mr. Max Abitbol’s resignation as Non-Executive Director of the Company with effect from the date of the AGM;
7. To re-elect Roy Franklin as Chairman and Non-Executive Director;
8. To appoint Davis Larssen as an Executive Director and Chief Financial Officer;
9. To grant discharge to the directors of the Company for their conduct of business during the financial year ended 30 June 2008;
10. To reappoint Deloitte Accountants BV as auditors of the Company;
11. To authorise the directors to determine the remuneration of the auditors;
12. To authorise the directors to allot equity securities for cash
13. To authorise the Company to purchase its own shares as set out in the Notice of the AGM
Special resolution
To authorise the directors to disapply the pre-emption rights (being equal to ten per cent. of the issued ordinary share capital of the Company as at the date of this notice) as set out in the Notice of the AGM.
A copy of the AGM Notice and the 2008 Annual Report are available on the Company’s website at
For further information, please contact :
Bateman Litwin
David Lamont, Chief Executive Officer
Davis Larssen, Chief Financial Officer Designate
Ingrid Boon, Investor Relations Manager
Tel : + 44 (0) 20 7799 8307
Credit Suisse Securities (Europe) Limited
Jon Grussing
Will MacLaren
Tel : + 44 (0) 20 7888 8888
Pelham Public Relations
Archie Berens
Tel : + 44 (0) 20 7743 6679
About Bateman Litwin N.V.
Bateman Litwin N.V. is a supplier of technology, engineering, procurement and project management services to the world’s oil and gas, power, renewable energy, minerals and process industries. Its services cover the full life-cycle of projects including design, supply, construction, installation and commission. Bateman Litwin N.V. operates throughout the world and employs over 2,000 people with annual sales of approximately US$850 million. To find out more, visit Bateman Litwin at: www.bateman-litwin.com