Full Press Release Details
- Translated from French -
NOTICE OF A COMBINED ORDINARY AND EXTRAORDINARY
MEETING OF SHAREHOLDERS
Sent by Mail on May 20, 2013
Ladies and Gentlemen,
You are cordially invited to attend the
Combined Ordinary and Extraordinary General Meeting (the "Meeting") of the shareholders of FLAMEL TECHNOLOGIES (the
"Company") which will be held on June 20, 2013 at 11:00 a.m. (French time) at the registered office of the Company,
with the following agenda :
Resolutions within the competence
of the ordinary general shareholders' meeting
- Translated from French -
Resolutions within the competence
of the extraordinary general shareholders' meeting
ON BEHALF OF THE BOARD OF
IF YOU EXPECT TO BE PRESENT AT THE MEETING,
PLEASE NOTE THAT SHAREHOLDERS WILL BE ADMITTED TO THE COMBINED ORDINARY AND EXTRAORDINARY GENERAL MEETING WITH WHATEVER THE NUMBER
OF SHARES THEY HOLD PROVIDED THAT IF THEY ARE OWNER OF REGISTERED SHARES THEIR SHARES HAVE BEEN REGISTERED IN A SHARE ACCOUNT HELD
BY THE COMPANY AT LEAST ONE DAY PRIOR TO THE DATE OF THE MEETING.
IF THE QUORUM FOR THE ORDINARY MEETING
IS NOT MET ON JUNE 20, 2013, SHAREHOLDERS WILL BE INVITED TO VOTE AT A MEETING WHICH WILL BE HELD ON JULY 3, 2013 ON THE SAME AGENDA,
AS DESCRIBED IN THIS NOTICE .
- Translated from French -
Quorum required under French law
The required quorum for ordinary resolutions
is one fifth (20%) of the total outstanding shares. If such quorum is not met, the Board of Directors will give a second notice
of Shareholders' Meeting.
At this second Meeting, no quorum is required
for ordinary resolutions.
The required quorum for extraordinary resolutions
is one fourth (25%) of the total outstanding shares with voting rights, upon first call of the shareholders' meeting. If such quorum
is not met, the Board of Directors will give a second notice of Shareholders' Meeting. At this second Meeting, which shall
not take place earlier than six days after the first meeting, the required quorum is one fifth (20%) of the total outstanding shares