The consolidated financial statements for the year ended 31 December 2015 will be made available to shareholders and certificate holders in both German and English on the Company’s website www.powerinternational.eu
in the near future. All other details pertaining to the AGM (Notice, Managing Director’s Letter, proxy form) will also be available on the Company's website in the near future in the Investor Relations section under “Annual General Meeting 2016”.
The Board of Directors of PI Power International Limited (in liquidation) will provide an update to shareholders on the efforts to collect the arbitration award in relation to the Karpat Energo investment and the status of the liquidation of the company in the course of the AGM. It is the current intention of the Board of Directors to complete the winding up of the Company within the next 12 months while realizing value for the arbitration award in relation to the Karpat Energo investment, which may include a negotiated settlement, or could result in the sale of STRATIUS Investments Limited, the Company’s Cyprus-registered subsidiary that holds the claim for the arbitration award, to a third party through an auction process, in accordance with the special resolution approved during the extraordinary general meeting of April 2009.