12.2007 - Extraordinary shareholders meeting

On the 8th of December the company held its first 'extraordinary shareholders meeting' in Eindhoven, The Netherlands, which was attended by a number of shareholders representing a total of about 97% of the share capital of the company. The meeting was chaired by Rudolf Peelen on behalf of Vital Group BV in the presence of a partner of the Public Notary's office HKP. All proposed items were unanimously approved.

After the formal shareholders meeting the directors of the Brazilian subsidiaries Rafael Geraets for Vital Planet do Brasil Ltda. and Peter Lamers for Vital Industries Ltda. gave an update on the business development in Brazil. They both flew in for the event, and while Rafael was stopping over on his way to attend the Climate Change Forum in Bali, Peter was continuing his trip to visit our technology partners at the Fraunhofer Institute in Germany.

Interested parties had ample opportunity to ask questions and to be updated. At this occasion we came across certain issues requiring further clarification, therefore we are using this newsletter to summarize the mentioned topics in order to inform you accordingly.