The Annual General Meeting in GC Rieber Shipping ASA ("The Company") will be held on Wednesday 13 April 2011 at 2:00 pm at Solheimsgaten 11, Bergen (the auditorium at Skipsbyggerhallen).
Agenda:
1 Opening of the Annual General Meeting by the chairman of the board and registration of attending shareholders
2 Election of a chairman of the meeting and one person, who shall sign the minutes of the Annual General Meeting together with the chairman of the meeting
3 Approval of the notice and agenda
4 Approval of the annual financial statement for 2010
5 Approval of Report of the Board of Directors
6 The board's statement on salaries and other remuneration for key employees and the Annual General Meetings' advisory vote on the matter
7 Approval of the remuneration for board members
8 Approval of the auditor's fee
9 Deciding on the allocation of profits and on the payment of dividends
10 Proposed authorisation to buy back shares
11 Election of board members
The complete Notice has been submitted to shareholders. The Company's annual report for 2010 is attached to this stock exchange notice. Documents concerning items on the agenda that shall be resolved by the general meeting have been made available at the Company's website (www.gcrieber-shipping.no), in accordance with article 5 in the Company's articles of association. Shareholders wishing to attend the annual general meeting, in person or by proxy, are requested to complete the reply slip attached to the Notice. The reply slip must have been received by the Company, either by mail or by fax to +47 55 60 68 05, no later than 12 April 2011.
For further information, please contact:
CFO Hans Petter Klohs, phone +47 55 60 68 24, or +47 90 75 05 26
About GC Rieber Shipping:
GC Rieber Shipping's business within offshore/shipping includes ownership in specialized vessels, high quality marine ship management, project development and industrial portfolio management within the segments subsea, ice/support, as well as marine seismic. The group has a unique competence in offshore operations in harsh environments as well as design, development and maritime operation of seismic vessels. Through strategic value chain investments the group has substantial knowledge and experience within subsea and marine seismic.
GC Rieber Shipping currently owns six and operates seven advanced multifunctional special purpose vessels for defined markets within the subsea, ice/support and marine seismic segments. GC Rieber Shipping has two subsea IMR/CSV newbuildings for delivery in 2011. GC Rieber Shipping also owns 65 % of Armada Seismic, which owns one high-capacity seismic vessel and has one newbuilding for delivery in the first quarter 2012. The group's strategic value chain investments include the subsea services company Reef Subsea (50 % stake) and the company Octio (73 % stake) which is in the business of permanent reservoir monitoring. GC Rieber Shipping is also in charge of marine ship management for nine offshore vessels for other owners.
The company has its registered office and is headquartered in Bergen with ship management companies in Sevenoaks (England), Singapore and Yuzhno-Sakhalinsk (Russia), which provides international presence. The company is listed on Oslo Børs with ticker RISH. Further information is available on the company's website www.gcrieber-shipping.no.