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L
U X E M B O U R G
MEMORIAL
Journal Officiel
du Grand-Duché de
Luxembourg
MEMORIAL
Amtsblatt
des Großherzogtums
Luxemburg
R E C U E I L D E S S O C I E T E S E T A S S O C I A T I O N S
Le présent recueil contient les publications prévues par la loi modifiée du 10 août 1915 concernant les sociétés commerciales
et par la loi modifiée du 21 avril 1928 sur les associations et les fondations sans but lucratif.
C — N° 883
4 avril 2012
SOMMAIRE
3F Fund . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
42383
Aquido S.A. . . . . . . . . . . . . . . . . . . . . . . . . . . . .
42383
FK Holding 1 S.à r.l. . . . . . . . . . . . . . . . . . . . .
42367
Show Production Luxembourg s.à r.l. . . . .
42341
SMT Real Estate S.A. . . . . . . . . . . . . . . . . . . .
42338
Société Européenne de Boissons S.A. . . . .
42338
Streamworks International S.A. . . . . . . . . .
42341
SVM Holding S.A. . . . . . . . . . . . . . . . . . . . . . .
42341
SVM Holding S.A. . . . . . . . . . . . . . . . . . . . . . .
42342
Synergiums S.A. . . . . . . . . . . . . . . . . . . . . . . .
42342
TA Investment Holdings S.à r.l. . . . . . . . . .
42343
Talia Properties S.à r.l. . . . . . . . . . . . . . . . . .
42338
TAM Investment Funds . . . . . . . . . . . . . . . . .
42352
TecCo S. à r. l. . . . . . . . . . . . . . . . . . . . . . . . . .
42342
TICOS Finance S.A. . . . . . . . . . . . . . . . . . . . .
42343
Ticos S.A. . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
42343
Tierra del Fuego S.àr.l. . . . . . . . . . . . . . . . . .
42343
Tilfelle S.A. . . . . . . . . . . . . . . . . . . . . . . . . . . . .
42342
Titi International S.A. . . . . . . . . . . . . . . . . . .
42350
Titlis S.A., SPF . . . . . . . . . . . . . . . . . . . . . . . . .
42350
TMC S.A. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
42350
Toivo S.A. . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
42350
Tom Thill Associates S.à r.l. . . . . . . . . . . . . .
42351
Traxys S.à r.l. . . . . . . . . . . . . . . . . . . . . . . . . . .
42342
Tribel S.A. . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
42351
Tweedy, Browne Value Funds . . . . . . . . . . .
42343
UB Real S.à r.l. . . . . . . . . . . . . . . . . . . . . . . . . .
42351
UB two . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
42351
Urbania Adyal-Groupe Laurad S.C.A. . . . .
42351
Valindus S.A., SPF . . . . . . . . . . . . . . . . . . . . . .
42352
Varezzo S.A. . . . . . . . . . . . . . . . . . . . . . . . . . . .
42365
Vilcabamba S.à r.l. . . . . . . . . . . . . . . . . . . . . .
42365
Vonarius Holding . . . . . . . . . . . . . . . . . . . . . . .
42352
Voronet S.A. . . . . . . . . . . . . . . . . . . . . . . . . . . .
42365
Webstar S.A. . . . . . . . . . . . . . . . . . . . . . . . . . .
42366
Wedco One (Luxembourg) S.à r.l. . . . . . . .
42365
Wedco One (Luxembourg) S.à r.l. Partici-
pations S.C.A. . . . . . . . . . . . . . . . . . . . . . . . .
42365
Wedco Two (Luxembourg) S.à r.l. . . . . . . .
42366
Westside Holding S.A. . . . . . . . . . . . . . . . . . .
42366
WHV Immobilien Sàrl . . . . . . . . . . . . . . . . . .
42366
Wirth Investments S.A. . . . . . . . . . . . . . . . . .
42366
www.casa.lu . . . . . . . . . . . . . . . . . . . . . . . . . . .
42367
42337
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SMT Real Estate S.A., Société Anonyme.
Siège social: L-1836 Luxembourg, 23, rue Jean Jaurès.
R.C.S. Luxembourg B 141.087.
La version abrégée des comptes annuels au 31 décembre 2008 a été déposée au registre de commerce et des sociétés
de Luxembourg.
Pour mention aux fins de la publication au Mémorial, Recueil des Sociétés et Associations.
Dandois & Meynial
Référence de publication: 2012027776/11.
(120036210) Déposé au registre de commerce et des sociétés de Luxembourg, le 2 mars 2012.
Société Européenne de Boissons S.A., Société Anonyme.
Siège social: L-2311 Luxembourg, 3, avenue Pasteur.
R.C.S. Luxembourg B 55.649.
Le Bilan au 31.12.2010 a été déposé au registre de commerce et des sociétés de Luxembourg.
Pour mention aux fins de la publication au Mémorial, Recueil des Sociétés et Associations.
Signature.
Référence de publication: 2012027779/10.
(120036027) Déposé au registre de commerce et des sociétés de Luxembourg, le 2 mars 2012.
Talia Properties S.à r.l., Société à responsabilité limitée.
Siège social: L-2163 Luxembourg, 35, avenue Monterey.
R.C.S. Luxembourg B 137.691.
L'an deux mille douze, le troisième jour du mois de février.
Par-devant Nous Maître Edouard Delosch, notaire de résidence à Diekirch, Grand-Duché de Luxembourg.
A COMPARU:
IMARA Investments Holding II S.à r.l., une société à responsabilité limitée régie par le droit luxembourgeois, ayant un
capital social de douze mille cinq cents euros (EUR 12.500,-), ayant son siège social au 35, avenue Monterey, L-2163
Luxembourg, Grand-Duché de Luxembourg, immatriculée auprès du Registre du Commerce et des Sociétés de Luxem-
bourg sous le numéro B 131.992 et constituée en date du 28 août 2007 suivant acte de Maître Martine Schaeffer, notaire
de résidence à Luxembourg, agissant en remplacement de Maître Jean Seckler, notaire de résidence à Junglinster, Grand-
Duché de Luxembourg, publié au Mémorial C, Recueil des Sociétés et Associations numéro 2403 du 24 octobre 2007
(l'«Associé»),
représentée aux fins des présentes par Maître Michael JONAS, avocat, demeurant à Luxembourg, aux termes d'une
procuration donnée le 2 février 2012 à Luxembourg.
La procuration susmentionnée, signée par le comparant et le notaire soussigné, restera annexée aux présentes.
L'Associé a requis le notaire soussigné d'acter que l'Associé est le seul et unique associé de TALIA PROPERTIES S.à
r.l., une société à responsabilité limitée régie par le droit luxembourgeois, ayant un capital social de douze mille cinq cents
euros (EUR 12.500,-), dont le siège social est situé au 35, avenue Monterey, L-2163 Luxembourg, Grand-Duché de
Luxembourg, constituée suivant acte de Maître Jean Seckler, notaire de résidence à Junglinster, Grand-Duché de Luxem-
bourg, en date du 18 mars 2008, publié au Mémorial C, Recueil des Sociétés et Associations sous le numéro 1109 du 6
mai 2008 et immatriculée auprès du Registre de Commerce et des Sociétés de Luxembourg sous le numéro B 137.691
(la «Société»). Les statuts de la Société n'ont jamais été modifiés.
L'Associé, représenté comme indiqué ci-avant, reconnaissant avoir été dûment et pleinement informé des décisions à
intervenir sur base de l'ordre du jour suivant:
<i>Ordre du jour:i>
1. Modification de l'article sept (7) des statuts qui sera dorénavant lu comme suit:
« Art. 7. A moins qu'il n'en soit convenu autrement entre les associés par le biais de tout pacte d'actionnaires ou, selon
le cas, toute autre convention, les parts sociales sont cessibles entre associés conformément aux dispositions de la loi
modifiée du 10 août 1915 concernant les sociétés commerciales.
Les parts sociales ne peuvent être cédées entre vifs à des non-associés que moyennant l'agrément des associés re-
présentant les trois quarts du capital social et conformément aux dispositions d'un éventuel pacte d'actionnaires.»
2. Modification de l'article treize (13) des statuts qui sera dorénavant lu comme suit:
42338
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« Art. 13. A moins qu'il n'en soit convenu autrement entre les associés par le biais de tout pacte d'actionnaires ou,
selon le cas, toute autre convention, les décisions collectives ne sont valablement prises que pour autant qu'elles sont
adoptées par les associés représentant plus de la moitié du capital social. Toutefois, les décisions ayant pour objet une
modification des statuts ne pourront être prises qu'à la majorité des associés représentant les trois quarts du capital social
et conformément aux dispositions d'un éventuel pacte d'actionnaires.»
3. Modification du second paragraphe de l'article dix sept (17) des statuts qui sera dorénavant lu comme suit:
« Art. 17. (second paragraphe). Chaque année, cinq pour cent (5 %) du bénéfice net seront prélevés et affectés à la
réserve légale. Ces prélèvements et affectations cesseront d'être obligatoires lorsque la réserve aura atteint un dixième
du capital social, mais devront être repris jusqu'à entière reconstitution, si à un moment donné et pour quelque cause
que ce soit, le fonds de réserve se trouve entamé. Le solde est à la libre disposition des associés qui pourront, le cas
échéant, convenir de sa répartition économique conformément aux dispositions d'un éventuel pacte d'actionnaires ou,
selon le cas, de toute autre convention qui pourrait exister.»
4. Divers.
L'Associé a requis le notaire soussigné d'acter les résolutions suivantes:
<i>Première résolutioni>
L'Associé a décidé de modifier l'article sept (7) des statuts de la Société qui aura désormais la teneur suivante:
« Art. 7. A moins qu'il n'en soit convenu autrement entre les associés par le biais de tout pacte d'actionnaires ou, selon
le cas, toute autre convention, les parts sociales sont cessibles entre associés conformément aux dispositions de la loi
modifiée du 10 août 1915 concernant les sociétés commerciales.
Les parts sociales ne peuvent être cédées entre vifs à des non-associés que moyennant l'agrément des associés re-
présentant les trois quarts du capital social et conformément aux dispositions d'un éventuel pacte d'actionnaires.»
<i>Seconde résolutioni>
L'Associé a décidé de modifier l'article treize (13) des statuts de la Société qui aura désormais la teneur suivante:
« Art. 13. A moins qu'il n'en soit convenu autrement entre les associés par le biais de tout pacte d'actionnaires ou,
selon le cas, toute autre convention, les décisions collectives ne sont valablement prises que pour autant qu'elles sont
adoptées par les associés représentant plus de la moitié du capital social. Toutefois, les décisions ayant pour objet une
modification des statuts ne pourront être prises qu'à la majorité des associés représentant les trois quarts du capital social
et conformément aux dispositions d'un éventuel pacte d'actionnaires.»
<i>Troisième résolutioni>
L'Associé a décidé de modifier l'article dix-sept (17) des statuts de la Société qui aura désormais la teneur suivante:
« Art. 17. (second paragraphe). Chaque année, cinq pour cent (5 %) du bénéfice net seront prélevés et affectés à la
réserve légale. Ces prélèvements et affectations cesseront d'être obligatoires lorsque la réserve aura atteint un dixième
du capital social, mais devront être repris jusqu'à entière reconstitution, si à un moment donné et pour quelque cause
que ce soit, le fonds de réserve se trouve entamé. Le solde est à la libre disposition des associés qui pourront, le cas
échéant, convenir de sa répartition économique conformément aux dispositions d'un éventuel pacte d'actionnaires ou,
selon le cas, de toute autre convention qui pourrait exister.»
<i>Fraisi>
Les dépenses, frais, rémunérations et charges, sous quelque forme que ce soit, qui seront supportés par la Société en
conséquence du présent acte, sont estimés approximativement à mille cent euros (EUR 1.100,-).
Le notaire soussigné, qui comprend et parle l'anglais, constate par les présentes, qu'à la requête de la partie comparante,
le présent acte est rédigé en français suivi d'une version anglaise; à la requête de la même partie comparante et en cas
de divergences entre les textes anglais et français, la version française fera foi.
DONT ACTE, fait et passé à Luxembourg, date qu'en tête des présentes.
Lecture du présent acte faite et interprétation donnée au mandataire de la partie comparante, connu du notaire
soussigné par ses nom, prénom usuel, état et demeure, il a signé avec Nous, notaire, le présent acte.
Suit la traduction anglaise de ce qui précède:
In the year two thousand and twelve, on the third day of February.
Before Maître Edouard Delosch, notary, residing in Diekirch, Grand Duchy of Luxembourg.
THERE APPEARED:
IMARA Investments Holding II S.à r.l., a limited liability company (société à responsabilité limitée) governed by the laws
of Luxembourg, having a share capital of twelve-thousand five hundred euro (EUR 12,500.-), with registered office at 35,
avenue Monterey, L-2163 Luxembourg, Grand Duchy of Luxembourg, registered with the Luxembourg Register of Com-
merce and Companies under number B 131.992 and incorporated following a deed of Maître Martine Schaeffer, notary
42339
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residing in Luxembourg, acting in replacement of Maître Jean Seckler, notary residing in Junglinster, Grand Duchy of
Luxembourg off 28 August 2007, published in the Mémorial C, Recueil des Sociétés et Associations number 2403 of 24
October 2007 (the “Shareholder”),
hereby represented by Maître Michael JONAS, lawyer, residing in Luxembourg, by virtue of a proxy given on 2 February
2012 in Luxembourg.
The above mentioned proxy, signed by the appearing person and the undersigned notary, shall remain annexed to the
present deed.
The Shareholder has requested the undersigned notary to record that the Shareholder is the sole shareholder of
TALIA PROPERTIES S.à r.l., a limited liability company (société à responsabilité limitée) governed by the laws of Luxem-
bourg, having a share capital of twelve thousand five hundred euro (EUR 12,500.-), with registered office at 35, avenue
Monterey, L-2163 Luxembourg, Grand Duchy of Luxembourg, incorporated following a deed of Maître Jean Seckler,
notary residing in Junglinster, of 18 March 2008, published in the Mémorial C, Recueil des Sociétés et Associations number
1109 of 6 May 2008 and registered with the Luxembourg Register of Commerce and Companies under number B 137.691
(the “Company”). The articles of incorporation of the Company have never been amended.
The Shareholder, represented as above mentioned, having recognised to be duly and fully informed of the resolutions
to be taken on the basis of the following agenda:
<i>Agendai>
1. To amend article seven (7) of the articles of incorporation which shall from now on read as follows:
“ Art. 7. Unless otherwise agreed between the partners in a shareholders' agreement or, as the case may be, any other
agreement, the shares in the Company may be transferred between the partners in accordance with the law of 10 August
1915 on Commercial Companies, as amended.
The shares may be transferred to non-partners only with the authorisation of the general meeting of shareholders
representing at least three quarters of the capital and subject to the terms of a shareholders' agreement that may exist.”
2. To amend article thirteen (13) of the articles of incorporation which shall from now on read as follows:
“ Art. 13. Unless otherwise agreed between the partners in a shareholders' agreement or, as the case may be, any
other agreement, the collective resolutions are validly taken only if they are adopted by shareholders representing more
than half of the corporate capital. Nevertheless, decisions amending the articles of association can only be taken by the
majority of shareholders representing three quarters of the corporate capital and subject to the terms of a shareholders'
agreement that may exist.”
3. To amend the second paragraph of article seventeen (17) of the articles of incorporation which shall from now on
read as follows:
“ Art. 17. (second paragraph). Each year five percent (5 %) of the net profit will be deducted and appropriated to the
legal reserve. These deductions and appropriations will cease to be compulsory when the reserve amounts to ten percent
(10 %) of the corporate capital, but they will be resumed until the complete reconstitution of the reserve, if at a given
moment and for whatever reason the latter has been touched. The balance is at the shareholders' free disposal who shall,
as the case may be, resolve upon its economic allocation subject to any shareholders' agreement or any other agreement
that may exist.”
4. Miscellaneous.
The Shareholder has requested the undersigned notary to record the following resolution:
<i>First resolutioni>
The Shareholder resolved to amend article seven (7) of the articles of incorporation which shall from now on read as
follows:
“ Art. 7. Unless otherwise agreed between the partners in a shareholders' agreement or, as the case may be, any other
agreement, the shares in the Company may be transferred between the partners in accordance with the law of 10 August
1915 on Commercial Companies, as amended.
Shares may be transferred to non-partners only with the authorisation of the general meeting of shareholders repre-
senting at least three quarters of the capital and subject to the terms of a shareholders' agreement that may exist.”
<i>Second resolutioni>
The Shareholder resolved to amend article thirteen (13) of the articles of incorporation which shall from now on read
as follows:
“ Art. 13. Unless otherwise agreed between the partners in a shareholders' agreement or, as the case may be, any
other agreement, the collective resolutions are validly taken only if they are adopted by shareholders representing more
than half of the corporate capital. However, decisions amending the articles of association can only be taken by the
majority of shareholders representing three quarters of the corporate capital and subject to the terms of a shareholders'
agreement that may exist.”
42340
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<i>Third resolutioni>
The Shareholder resolved to amend the second paragraph of article seventeen (17) of the articles of incorporation
which shall from now on read as follows:
“ Art. 17. (second paragraph). Each year five percent (5%) of the net profit will be deducted and appropriated to the
legal reserve. These deductions and appropriations will cease to be compulsory when the reserve amounts to ten percent
(10 %) of the corporate capital, but they will be resumed until the complete reconstitution of the reserve, if at a given
moment and for whatever reason the latter has been touched. The balance is at the shareholders' free disposal who shall,
as the case may be, resolve upon its economic allocation subject to any shareholders' agreement or any other agreement
that may exist.”
<i>Expensesi>
The expenses, costs, remuneration or charges in any form whatsoever, which shall be borne by the Company as a
result of the present deed, are estimated at approximately one thousand one hundred euro (EUR 1,100.-).
The undersigned notary, who understands and speaks English, states herewith that at the request of the appearing
party, the present deed is worded in French, followed by a English version; at the request of the same appearing party
and in case of divergences between the English and French texts, the French version shall prevail.
WHEREOF, the present deed was drawn up in Luxembourg, on the day named at the beginning.
The document having been read to the proxyholder of the party appearing, who is known to the notary by its surname,
first name, civil status and residence, the said person signed together with the notary this original deed.
Signé: M. Jonas, DELOSCH.
Enregistré à Diekirch, le 6 février 2012. Relation: DIE/2012/1476. Reçu soixante-quinze (75.-) euros.
<i>Le Receveuri> (signé): THOLL.
Pour expédition conforme délivrée aux fins de la publication au Mémorial, Recueil des Sociétés et Associations.
Diekirch, le 6 février 2012.
Référence de publication: 2012024620/168.
(120031422) Déposé au registre de commerce et des sociétés de Luxembourg, le 23 février 2012.
Streamworks International S.A., Société Anonyme.
Siège social: L-2146 Luxembourg, 63-65, rue de Merl.
R.C.S. Luxembourg B 154.679.
Les comptes annuels au 31 décembre 2010 ont été déposés au registre de commerce et des sociétés de Luxembourg.
Pour mention aux fins de la publication au Mémorial, Recueil des Sociétés et Associations.
Signature.
Référence de publication: 2012027790/10.
(120035838) Déposé au registre de commerce et des sociétés de Luxembourg, le 2 mars 2012.
Show Production Luxembourg s.à r.l., Société à responsabilité limitée.
Siège social: L-1216 Howald, 6, rue Bartholmy.
R.C.S. Luxembourg B 43.482.
Les comptes annuels au 31.12.2010 ont été déposés au registre de commerce et des sociétés de Luxembourg.
Pour mention aux fins de la publication au Mémorial, Recueil des Sociétés et Associations.
Référence de publication: 2012027770/9.
(120036247) Déposé au registre de commerce et des sociétés de Luxembourg, le 2 mars 2012.
SVM Holding S.A., Société Anonyme.
Siège social: L-1931 Luxembourg, 55, avenue de la Liberté.
R.C.S. Luxembourg B 125.500.
Les comptes annuels se clôturant au 31 décembre 2010 ont été déposés au registre de commerce et des sociétés de
Luxembourg.
Pour mention aux fins de la publication au Mémorial, Recueil des Sociétés et Associations.
Référence de publication: 2012027791/10.
(120036196) Déposé au registre de commerce et des sociétés de Luxembourg, le 2 mars 2012.
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Tilfelle S.A., Société Anonyme.
Siège social: L-2155 Luxembourg, 146, Muhlenweg.
R.C.S. Luxembourg B 148.451.
Le bilan au 31.12.2010 a été déposé au registre de commerce et des sociétés de Luxembourg.
Pour mention aux fins de la publication au Mémorial, Recueil des Sociétés et Associations.
Luxembourg, le 27 février 2012.
Pour ordre
EUROPE FIDUCIAIRE (Luxembourg) S.A.
Boîte Postale 1307
L - 1013 Luxembourg
Référence de publication: 2012027810/14.
(120035590) Déposé au registre de commerce et des sociétés de Luxembourg, le 2 mars 2012.
SVM Holding S.A., Société Anonyme.
Siège social: L-1931 Luxembourg, 55, avenue de la Liberté.
R.C.S. Luxembourg B 125.500.
Les comptes annuels se clôturant au 31 décembre 2009 ont été déposés au registre de commerce et des sociétés de
Luxembourg.
Pour mention aux fins de la publication au Mémorial, Recueil des Sociétés et Associations.
Référence de publication: 2012027792/10.
(120036197) Déposé au registre de commerce et des sociétés de Luxembourg, le 2 mars 2012.
Synergiums S.A., Société Anonyme.
Siège social: L-4959 Bascharage, 17, Op Zaemer.
R.C.S. Luxembourg B 79.637.
Les comptes annuels au 31 décembre 2010 ont été déposés au registre de commerce et des sociétés de Luxembourg.
Pour mention aux fins de la publication au Mémorial, Recueil des Sociétés et Associations.
Bertrange, le 01.03.2012.
Référence de publication: 2012027793/10.
(120035718) Déposé au registre de commerce et des sociétés de Luxembourg, le 2 mars 2012.
TecCo S. à r. l., Société à responsabilité limitée.
Siège social: L-1471 Luxembourg, 412F, route d'Esch.
R.C.S. Luxembourg B 114.706.
Les comptes annuels au 31 décembre 2010 ont été déposés au registre de commerce et des sociétés de Luxembourg.
Pour mention aux fins de la publication au Mémorial, Recueil des Sociétés et Associations.
<i>Un mandatairei>
Référence de publication: 2012027796/10.
(120036113) Déposé au registre de commerce et des sociétés de Luxembourg, le 2 mars 2012.
Traxys S.à r.l., Société à responsabilité limitée.
Siège social: L-8009 Strassen, 19-21, route d'Arlon.
R.C.S. Luxembourg B 90.829.
<i>Dépôt rectificatif L110074374i>
Les comptes annuels consolidés au 30 novembre 2010 ont été déposés au registre de commerce et des sociétés de
Luxembourg.
Pour mention aux fins de la publication au Mémorial, Recueil des Sociétés et Associations.
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Luxembourg, le 29 février 2012.
TRAXYS S.à.r.l.
Serge WEBER
<i>Group Secretaryi>
Référence de publication: 2012027800/15.
(120035282) Déposé au registre de commerce et des sociétés de Luxembourg, le 2 mars 2012.
Tweedy, Browne Value Funds, Société d'Investissement à Capital Variable.
Siège social: L-1855 Luxembourg, 49, avenue J.F. Kennedy.
R.C.S. Luxembourg B 56.751.
Les comptes annuels au 30 Septembre 2011 ont été déposés au registre de commerce et des sociétés de Luxembourg.
Pour mention aux fins de la publication au Mémorial, Recueil des Sociétés et Associations.
Luxembourg, le 14 Février 2012.
<i>Pour State Street Bank Luxembourg S.A.
Un administrateur domiciliatairei>
Référence de publication: 2012027802/12.
(120036344) Déposé au registre de commerce et des sociétés de Luxembourg, le 2 mars 2012.
TICOS Finance S.A., Société Anonyme.
Siège social: L-8381 Kleinbettingen, 44, rue de Steinfort.
R.C.S. Luxembourg B 80.916.
Le bilan au 31 décembre 2010 a été déposé au registre de commerce et des sociétés de Luxembourg.
Pour mention aux fins de la publication au Mémorial, Recueil des Sociétés et Associations.
Luxembourg, le 02/03/2012.
Signature.
Référence de publication: 2012027807/10.
(120036100) Déposé au registre de commerce et des sociétés de Luxembourg, le 2 mars 2012.
Ticos S.A., Société Anonyme.
Siège social: L-8381 Kleinbettingen, 44, rue de Steinfort.
R.C.S. Luxembourg B 80.915.
Le bilan au 31 décembre 2010 a été déposé au registre de commerce et des sociétés de Luxembourg.
Pour mention aux fins de la publication au Mémorial, Recueil des Sociétés et Associations.
Luxembourg, le 02/03/2012.
Signature.
Référence de publication: 2012027808/10.
(120036099) Déposé au registre de commerce et des sociétés de Luxembourg, le 2 mars 2012.
Tierra del Fuego S.àr.l., Société à responsabilité limitée.
Siège social: L-5887 Hesperange, 373, route de Thionville.
R.C.S. Luxembourg B 92.462.
Le Bilan au 31/12/2011 a été déposé au registre de commerce et des sociétés de Luxembourg.
Pour mention aux fins de la publication au Mémorial, Recueil des Sociétés et Associations.
Luxembourg, le 01.03.2012.
Référence de publication: 2012027809/10.
(120035617) Déposé au registre de commerce et des sociétés de Luxembourg, le 2 mars 2012.
TA Investment Holdings S.à r.l., Société à responsabilité limitée.
Capital social: EUR 10.035.314,00.
Siège social: L-2163 Luxembourg, 40, avenue Monterey.
R.C.S. Luxembourg B 128.538.
In the year two thousand and twelve, on the ninth of February,
before Us, Maître Maitre SCHAEFFER, notary residing in Luxembourg, Grand Duchy of Luxembourg,
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was held an extraordinary general meeting (the Meeting) of the shareholders of TA Investment Holdings S.à r.l., a
Luxembourg société à responsabilité limitée with registered office at 40, avenue Monterey, L-2163 Luxembourg, regis-
tered with the Luxembourg Register of Commerce and Companies under number B 128.538 and having a share capital
amounting to EUR 9,151,161 (the Company). The Company was incorporated on May 15, 2007 pursuant to a deed of
Me Henri Hellinckx, notary residing in Luxembourg, published in the Mémorial C, Recueil des Sociétés et Associations
(Mémorial C) dated July 20, 2007, N°-1511. The articles of association of the Company (the Articles) were last amended
on July 26, 2011 pursuant to a deed of Maître Francis Kesseler, notary residing in Esch-sur-Alzette, Grand Duchy of
Luxembourg, published in the Mémorial C dated November 9, 2011, N°-2732.
There appeared:
TA XI L.P., a limited partnership, having its registered office at The Corporation Trust Company, Corporation Trust
Center, 1209 Orange Street, Wilmington, New Castle Delaware 19801, registered with the Delaware Companies Re-
gister under number 4682602 (TA XI);
TA Atlantic and Pacific VI L.P., limited partnership, having its registered office at The Corporation Trust Company,
Corporation Trust Center, 1209 Orange Street, Wilmington, New Castle Delaware 19801, registered with the Delaware
Companies Register under number 4457876 (TA Atlantic);
TA Strategic Partners Fund II L.P., a limited partnership, having its registered office at The Corporation Trust Company,
Corporation Trust Center, 1209 Orange Street, Wilmington, New Castle Delaware 19801, registered with the Delaware
Companies Register under number 4302696 (TA Strategic II);
TA Strategic Partners Fund II-A L.P., a limited partnership, having its registered office at The Corporation Trust Com-
pany, Corporation Trust Center, 1209 Orange Street, Wilmington, New Castle Delaware 19801, registered with the
Delaware Companies Register under number 4325882 (TA Strategic II-A);
TA Investors III L.P., a limited partnership, having its registered office at The Corporation Trust Company, Corporation
Trust Center, 1209 Orange Street, Wilmington, New Castle Delaware 19801, registered with the Delaware Companies
Register under number 4501994 (TA III);
TA EU Acquisitions S.à r.l., a Luxembourg société à responsabilité limitée with registered office at 40, avenue Monterey,
L-2163 Luxembourg, registered with the Luxembourg Register of Commerce and Companies under number B 161.381
(TA Acquisitions);
TA EU Acquisitions III S.à r.l., a Luxembourg société à responsabilité limitée with registered office at 40, avenue
Monterey, L-2163 Luxembourg, registered with the Luxembourg Register of Commerce and Companies under number
B 161.383 (TA Acquisitions III); and
TA EU Acquisitions II S.à r.l., a Luxembourg société à responsabilité limitée with registered office at 40, avenue Mon-
terey, L-2163 Luxembourg, registered with the Luxembourg Register of Commerce and Companies under number B
161.379 (TA Acquisitions II and, together with TA XI, TA Atlantic, TA Strategic II, TA Strategic II-A, TA III, TA Acquisitions
and TA Acquisition III, the Shareholders),
each of the Shareholders are hereby represented by Mrs Carni SMIT, employee of Saltgate S.A. with professional
address at 40, avenue Monterey, L-2163 Luxembourg, Grand Duchy of Luxembourg, by virtue of proxies given under
private seal.
The said proxies, after having been signed “ne varietur” by the proxyholder of the appearing parties and the undersigned
notary, will remain annexed to the present deed for the purpose of registration.
The appearing parties, represented as stated hereabove, have requested the undersigned notary to enact the following:
I. That the Shareholders hold all the shares in the share capital of the Company.
II. That the agenda of the Meeting is worded as follows:
1. Waiver of convening notice;
2. Increase of the share capital of the Company by an amount of eight hundred and eighty-four thousand one hundred
and fifty-three euros (EUR 884,153) by the issuance of eight hundred and eighty-four thousand one hundred and fifty-
three (884,153) new class A tracker shares, each with a nominal value of EUR 1 and having the same rights and obligations
as the existing class A tracker shares;
3. Subscription for and payment of the share capital increase specified under item 2 above by a contribution in kind
consisting of receivables for an aggregate amount of eight hundred and eighty-four thousand one hundred and fifty-three
euros (EUR 884,153);
4. Subsequent amendment to article 5.1. of the Articles in order to reflect the share capital increase set out at items
2 and 3 above;
5. Amendment to the register of shareholders of the Company in order to reflect the above changes, with power and
authority given to any manager of the Company and any employee of Saltgate S.A., acting individually, to register, in the
name and on behalf of the Company, the newly issued shares in the register of shareholders of the Company and to
complete any formalities in connection therewith (including, for the avoidance of doubt, the signing of the said register);
and
6. Miscellaneous.
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III. That the Meeting has taken the following resolutions:
<i>First resolutioni>
The entire share capital being represented at the present meeting, the Meeting waives the convening notices, the
Shareholders here represented considering themselves duly convened and declaring having had perfect knowledge of the
agenda which has been communicated to each of them in advance.
<i>Second resolutioni>
The Shareholders resolve to increase the share capital of the Company from its present amount of nine million one
hundred and fifty-one thousand one hundred and sixty-one euros (EUR 9,151,161) by an amount of eight hundred and
eighty-four thousand one hundred and fifty-three euros (EUR 884,153) by the issuance of eight hundred and eighty-four
thousand one hundred and fifty-three (884,153) new class A tracker shares, each with a par value of EUR 1 and having
the same rights and obligations as the existing class A tracker shares.
<i>Third resolutioni>
The Meeting records the subscription for, and the full payment of, the share capital increase as follows:
<i>Subscription - Paymenti>
- TA XI, prenamed and represented as stated above, subscribes for five hundred and ninety-three thousand nine
hundred and thirty-nine (593,939) newly issued Class A Tracker Shares, having a nominal value of one euro (EUR 1) each,
and fully pays them up by way of a contribution in kind consisting of part of a receivable that TA XI holds against the
Company (the TA XI Receivable) having an aggregate amount of five hundred and ninety-three thousand nine hundred
and thirty-nine euros (EUR 593,939) which will be allocated to the share capital account of the Company relating to the
Class A Tracker Shares;
- TA Atlantic, prenamed and represented as stated above, subscribes for two hundred and fifty-nine thousand eight
hundred and forty-nine (259,849) newly issued Class A Tracker Shares, having a nominal value of one euro (EUR 1) each,
and fully pays them up by way of a contribution in kind consisting of part of a receivable that TA Atlantic holds against
the Company (the TA Atlantic Receivable) having an aggregate amount of two hundred and fifty-nine thousand eight
hundred and forty-nine euros (EUR 259,849) which will be allocated to the share capital account of the Company relating
to the Class A Tracker Shares;
- TA Strategic II, prenamed and represented as stated above, subscribes for twelve thousand eight hundred and forty-
four (12,844) newly issued Class A Tracker Shares, having a nominal value of one euro (EUR 1) each, and fully pays them
up by way of a contribution in kind consisting of part of a receivable that TA Strategic II holds against the Company (the
TA Strategic II Receivable) having an aggregate amount of twelve thousand eight hundred and forty-four euros (EUR
12,844) which will be allocated to the share capital account of the Company relating to the Class A Tracker Shares;
- TA Strategic II-A, prenamed and represented as stated above, subscribes for four hundred and forty-five (445) newly
issued Class A Tracker Shares, having a nominal value of one euro (EUR 1) each, and fully pays them up by way of a
contribution in kind consisting of part of a receivable that TA Strategic II-A holds against the Company (the TA Strategic
II-A Receivable) having an aggregate amount of four hundred and forty-five euros (EUR 445) which will be allocated to
the share capital account of the Company relating to the Class A Tracker Shares; and
- TA III, prenamed and represented as stated above, subscribes for seventeen thousand and seventy-six (17,076) newly
issued Class A Tracker Shares, having a nominal value of one euro (EUR 1) each, and fully pays them up by way of a
contribution in kind consisting of part of a receivable that TA III holds against the Company (the TA III Receivable and
together with the TA XI Receivable, the TA Atlantic Receivable, the TA Strategic II Receivable and the TA Strategic II-A
Receivable, the Receivables) having an aggregate amount of seventeen thousand and seventy-six euros (EUR 17,076) which
will be allocated to the share capital account of the Company relating to the Class A Tracker Shares.
TA XI, TA Atlantic, TA Strategic II, TA Strategic II-A and TA III are hereafter referred to as the Contributing Share-
holders.
The valuation of the contribution in kind of the Receivables is evidenced by (i) a balance sheet of the Company dated
9 February 2012 signed by the management of the Company (the Balance Sheet) and (ii) a valuation certificate issued on
9 February 2012 by the management of the Company (the Management Certificate), which states in essence that:
“
- The Contributing Shareholders are the owners of the Receivables, are solely entitled to the Receivables and possess
the power to dispose of the Receivables;
- the Receivables are certain and will be due and payable on their due date without deduction (certaines, liquides et
exigibles);
- based on all the information provided to the Company and the Contributing Shareholders, the Receivables contri-
buted to the Company are valued at least at eight hundred and eighty-four thousand one hundred and fifty-three euro
(EUR 884,153);
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- the Receivables contributed to the Company are freely transferable by the Contributing Shareholders to the Company
and are not subject to any restrictions or encumbered with any pledge or lien limiting their transferability or reducing
their value; and
- all formalities to transfer the legal ownership of the Receivables contributed to the Company have been or will be
accomplished by the Contributing Shareholders and upon the contribution of the Receivables by the Contributing Sha-
reholders to the Company, the Company will become the full owner of the Receivables.”
The Balance Sheet and the Management Certificate, after signature “ne varietur” by the proxyholder of the appearing
parties and the undersigned notary, shall remain attached to this deed for the purpose of registration.
The Shareholders hereby expressly approve and agree to the issuance of the shares as set out above.
<i>Fourth resolutioni>
The Shareholders resolve to amend Article 5.1. of the Articles so that it shall read as follows:
“ 5.1. The Company's share capital is set at ten million thirty-five thousand three hundred and fourteen euros (EUR
10,035,314), divided into:
(i) twelve thousand five hundred (12,500) ordinary shares (Ordinary Shares);
(ii) one million two hundred thousand (1,200,000) class A tracker shares (Class A Tracker Shares);
(iii) one million two hundred thousand (1,200,000) class B tracker shares (Class B Tracker Shares);
(iv) one million two hundred thousand (1,200,000) class C tracker shares (Class C Tracker Shares); and
(v) six million four hundred and twenty two thousand eight hundred and fourteen (6,422,814) class D tracker shares
(Class D Tracker Shares).
The Company may also create and issue from time to time subject to and in accordance with the Law (i) additional
Class A Tracker Shares, (ii) additional Class B Tracker Shares, (iii) additional Class C Tracker Shares, (iv) additional Class
D Tracker Shares, (v) class E tracker shares (Class E Tracker Shares), (vi) class F tracker shares (Class F Tracker Shares),
(vii) class G tracker shares (Class G Tracker Shares), (viii) class H tracker shares (Class H Tracker Shares) and (ix) class
I tracker shares (Class I Tracker Shares), each having a nominal value of EUR 1 (collectively the Tracker Shares, and
individually a Tracker Share) which will track the performance and returns of such underlying investment as is specified
at the time of issue.
The Class A Tracker Shares shall track the performance and return of the Company's direct investment in the share
capital of Jupiter Luxembourg S.à r.l..
The Class B Tracker Shares shall track the performance and return of the Company's direct investment in the share
capital of TA EU Luxembourg S.à r.l..
The Class C Tracker Shares shall track the performance and return of the Company's direct investment in the share
capital of TA EU Luxembourg III S.à r.l..
The Class D Tracker Shares shall track the performance and return of the Company's direct investment in the share
capital of TA EU Luxembourg II S.à r.l..
The Ordinary Shares and Tracker Shares shall collectively and irrespectively of their class be designated as the Shares
and individually and irrespectively of their class be designated as a Share.”
<i>Fifth resolutioni>
The Shareholders resolve to amend the shareholder register of the Company in order to reflect the above changes
and give power and authority to any manager of the Company and any employee of Saltgate S.A., acting individually, to
register, in the name and on behalf of the Company, the newly issued shares in the shareholder register of the Company
and to complete any formalities in connection therewith (including, for the avoidance of doubt, the signing of the said
register).
<i>Costsi>
The expenses, costs, fees and charges of any kind whatsoever to be borne by the Company in connection with its
incorporation are estimated at approximately two thousand five hundred Euro (EUR 2,500.-).
<i>Declarationi>
The undersigned notary, who understands and speaks English, states at the request of the appearing parties that this
deed is drawn up in English, followed by a French version, and that in the case of discrepancies, the English version prevails.
Whereof, this notarial deed is drawn up in Luxembourg, on the date stated above.
The document having been read to the mandatory of the person appearing, said mandatory signed together with the
notary the present deed.
Suit la traduction française du texte qui précède:
L'an deux mille douze, le neuvième jour du mois de février,
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par-devant Nous, Maître Martine SCHAEFFER, notaire de résidence à Luxembourg, Grand-Duché de Luxembourg,
s'est tenue une assemblée générale extraordinaire (l'Assemblée) des associés de TA Investment Holdings S.à r.l., une
société à responsabilité limitée de droit luxembourgeois, ayant son siège social au 40, avenue Monterey, L-2163 Luxem-
bourg, immatriculée au Registre de Commerce et des Sociétés de Luxembourg sous le numéro B 128.538 et dont le
capital social s'élève à EUR 9.151.161,- (la Société). La Société a été constituée le 15 mai 2007 suivant un acte de Maître
Henri Hellinckx, notaire de résidence à Luxembourg, publié au Mémorial C, Recueil des Sociétés et Associations (le
Mémorial C) le 20 juillet 2007 sous le numéro 1511. Les statuts de la Société (les Statuts) ont été modifiés pour la dernière
fois le 26 juillet 2011 suivant un acte de Maître Francis Kesseler, notaire de résidence à Esch-sur-Alzette, Grand-Duché
de Luxembourg, publié au Mémorial C le 9 novembre 2011 sous le numéro 2732.
Ont comparu:
TA XI L.P., une société en commandite (limited partnership), ayant son siège social à The Corporation Trust Company,
Corporation Trust Center, 1209 Orange Street, Wilmington, New Castle Delaware 19801, immatriculée au Registre des
Sociétés de l'Etat du Delaware (Delaware Companies Register) sous le numéro 4682602 (TA XI);
TA Atlantic and Pacific VI L.P., une société en commandite (limited partnership), ayant son siège social à The Corpo-
ration Trust Company, Corporation Trust Center, 1209 Orange Street, Wilmington, New Castle Delaware 19801,
immatriculée au Registre des Sociétés de l'Etat du Delaware (Delaware Companies Register) sous le numéro 4457876
(TA Atlantic);
TA Strategic Partners Fund II L.P., une société en commandite (limited partnership), ayant son siège social à The
Corporation Trust Company, Corporation Trust Center, 1209 Orange Street, Wilmington, New Castle Delaware 19801,
immatriculée au Registre des Sociétés de l'Etat du Delaware (Delaware Companies Register) sous le numéro 4302696
(TA Strategic II);
TA Strategic Partners Fund II-A L.P., une société en commandite (limited partnership), ayant son siège social à The
Corporation Trust Company, Corporation Trust Center, 1209 Orange Street, Wilmington, New Castle Delaware 19801,
immatriculée au Registre des Sociétés de l'Etat du Delaware (Delaware Companies Register) sous le numéro 4325882
(TA Strategic II-A);
TA Investors III L.P., une société en commandite (limited partnership), ayant son siège social à The Corporation Trust
Company, Corporation Trust Center, 1209 Orange Street, Wilmington, New Castle Delaware 19801, immatriculée au
Registre des Sociétés de l'Etat du Delaware (Delaware Companies Register) sous le numéro 4501994 (TA III); et
TA EU Acquisitions S.à r.l., une société à responsabilité limitée dont le siège social est situé au 40, avenue Monterey,
L-2163 Luxembourg, immatriculée au Registre de Commerce et des Société de Luxembourg sous le numéro B 161.381
(TA Acquisitions);
TA EU Acquisitions III S.à r.l., une société à responsabilité limitée dont le siège social est situé au 40, avenue Monterey,
L-2163 Luxembourg, immatriculée au Registre de Commerce et des Société de Luxembourg sous le numéro B 161.383
(TA Acquisitions III); et
TA EU Acquisitions II S.à r.l., une société à responsabilité limitée dont le siège social est situé au 40, avenue Monterey,
L-2163 Luxembourg, immatriculée au Registre de Commerce et des Société de Luxembourg sous le numéro B 161.379
(TA Acquisitions II, et ensemble avec TA XI, TA Atlantic, TA Strategic II, TA Strategic II-A, TA III, TA Acquisitions et TA
Acquisition III, les Associés),
chacun des Associés est ci-après représentée par Madame Carni Smit, employée de Saltgate S.A. dont l´adresse pro-
fessionnelle est située au 40, avenue Monterey, L-2163 Luxembourg, Grand-Duché de Luxembourg, en vertu de
procurations données sous seing privé.
Lesquelles procurations, après avoir été signées ne varietur par le mandataire des parties comparantes et le notaire
instrumentant, resteront annexées au présent acte pour être soumises avec lui aux formalités de l'enregistrement.
Les parties comparantes, représentées comme indiqué ci-dessus, ont requis le notaire instrumentant d'acter ce qui
suit:
I. Les Associés détiennent toutes les parts sociales dans le capital social de la Société;
II. L'ordre du jour de l'Assemblée est libellé comme suit:
1. Renonciation, à l'avis de convocation;
2. Augmentation du capital social de la Société d'un montant de huit cent quatre-vingt-quatre mille cent cinquante-
trois euros (EUR 884.153,-) par l'émission de huit cent quatre-vingt-quatre mille cent cinquante-trois (884.153) nouvelles
parts sociales traçantes de catégorie A, d'une valeur nominale de EUR 1,- chacune et détenant les droits et les obligations
que les parts sociales traçantes de catégorie A existantes;
3. Souscription et libération de l'augmentation de capital de la Société mentionnée au point 2. ci-dessus par un apport
en nature de créances pour un montant global de huit cent quatre-vingt-quatre mille cent cinquante-trois euros (EUR
884.153,-);
4. Modification subséquente de l'article 5.1. des Statuts afin de refléter l'augmentation de capital social défini aux points
2. et 3. ci-dessus;
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5. Modification du registre des associés de la Société afin de refléter les modifications ci-dessus, avec pouvoir et autorité
donnés à tout gérant de la Société et tout employé de Saltgate S.A., agissant individuellement pour procéder au nom et
pour le compte de la Société à l'enregistrement des parts sociales nouvellement émises dans le registre des associés de
la Société et d'accomplir toutes les formalités y afférentes (y compris, pour éviter tout doute, la signature dudit registre);
et
6. Divers.
III. L'Assemblée a pris les résolutions suivantes:
<i>Première résolutioni>
L'intégralité du capital social étant représentée à la présente assemblée, l'Assemblée renonce aux formalités de con-
vocation, les Associés représentés se considérant eux-mêmes comme dûment convoqués et déclarant avoir eu une
parfaite connaissance de l'ordre du jour qui leur a été communiqué au préalable.
<i>Deuxième résolutioni>
Les Associés décident d'augmenter le capital social de la Société de son montant actuel de neuf millions cent cinquante
et un mille cent soixante et un euros (EUR 9.151.161,-) par un montant de huit cent quatre-vingt-quatre mille cent
cinquante-trois euros (EUR 884.153,-) par l'émission de huit cent quatre-vingt-quatre mille cent cinquante-trois (884.153)
nouvelles parts sociales traçantes de catégorie A, d'une valeur nominale d'un euro (EUR 1,-) chacune et détenant les
mêmes droits et les obligations que les parts sociales traçantes de catégorie A existantes.
<i>Troisième résolutioni>
L´Assemblée enregistre la souscription et la libération intégrale de l'augmentation de capital social comme suit:
<i>Souscription - Libérationi>
- TA XI, pré-désigné et représenté comme indiqué ci-dessus, souscrit à cinq cent quatre-vingt-treize mille neuf cent
trente-neuf (593.939) Parts Sociales Traçantes de Catégorie A nouvellement émises, ayant une valeur nominale d'un euro
(EUR 1,-) chacune, et les libère intégralement par un apport en nature composé d'un partie d'une créance que TA XI
détient envers la Société (la Créance TA XI) d'un montant total de cinq cent quatre-vingt-treize mille neuf cent trente-
neuf euros (EUR 593.939,-) qui sera affecté au compte de capital social de la Société lié aux Parts Sociales Traçantes de
Catégorie A;
- TA Atlantic, pré-désigné et représenté comme indiqué ci-dessus, souscrit à deux cent cinquante-neuf mille huit cent
quarante-neuf (259.849) Parts Sociales Traçantes de Catégorie A nouvellement émises, ayant une valeur nominale d'un
euro (EUR 1,-) chacune, et les libère intégralement par un apport en nature composé d'une partie d'une créance que TA
Atlantic détient envers la Société (la Créance TA Atlantic) d'un montant total de deux cent cinquante-neuf mille huit cent
quarante-neuf euros (EUR 259.849,-) qui sera affecté au compte de capital social de la Société lié aux Parts Sociales
Traçantes de Catégorie A;
- TA Strategic II, pré-désigné et représenté comme indiqué ci-dessus, souscrit à douze mille huit cent quarante-quatre
(12.844) Parts Sociales Traçantes de Catégorie A nouvellement émises, ayant une valeur nominale d'un euro (EUR 1,-)
chacune, et les libère intégralement par un apport en nature composé d'une partie d'une créance que TA Strategic II
détient envers la Société (la Créance TA Strategic II) d'un montant total de douze mille huit cent quarante-quatre euros
(EUR 12.844,-) qui sera affecté au compte de capital social de la Société lié aux Parts Sociales Traçantes de Catégorie A;
- TA Strategic II-A, pré-désigné et représenté comme indiqué ci-dessus, souscrit à quatre cent quarante-cinq (445)
Parts Sociales Traçantes de Catégorie A nouvellement émises, ayant une valeur nominale d'un euro (EUR 1,-) chacune,
et les libère intégralement par un apport en nature composé d'une partie d'une créance que TA Strategic II-A détient
envers la Société (la Créance TA Strategic II-A) d'un montant total de quatre cent quarante-cinq euros (EUR 445,-) qui
sera affecté au compte de capital social de la Société lié aux Parts Sociales Traçantes de Catégorie A;
- TA III, pré-désigné et représenté comme indiqué ci-dessus, souscrit à dix-sept mille soixante-seize (17.076) Parts
Sociales Traçantes de Catégorie A nouvellement émises, ayant une valeur nominale d'un euro (EUR 1,-) chacune, et les
libère intégralement par un apport en nature composé d'une partie d'une créance que TA III détient envers la Société (la
Créance TA III et ensemble avec la Créance TA XI, la Créance TA Atlantic, la Créance TA Strategic II et la Créance TA
Strategic II-A, les Créances) d'un montant total de dix-sept mille soixante-seize euros (EUR 17.076,-) qui sera affecté au
compte de capital social de la Société lié aux Parts Sociales Traçantes de Catégorie A.
TA XI, TA Atlantic, TA Strategic II, TA Strategic II-A et TA III sont ci-après désignés comme les Associés Contribuant.
L'estimation de l'apport en nature des Créances est démontrée par (i) un bilan de la Société daté du 9 février 2012,
signé par la gérance de la Société (le Bilan) et (ii) un certificat d'évaluation émis le 9 février 2012 par la gérance de la
Société (le Certificat), qui stipule en substance que:
«
- les Associés Contribuant sont les propriétaires des Créances et sont les seuls titulaires autorisés à détenir les Créance
et possèdent le droit d'en disposer;
- les Créances sont certaines, liquides et exigibles;
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- sur base de toutes les informations transmises à la Société et aux Associés Contribuant, les Créances apportées à la
Société sont évaluées à au moins huit cent quatre-vingt-quatre mille cent cinquante-trois euros (EUR 884.153);
- les Créances apportées à la Société sont librement cessibles par les Associés Contribuant à la Société et ne sont ni
soumises à des restrictions ni grevées d'un quelconque nantissement ou droit préférentiel limitant sa cessibilité ou ré-
duisant sa valeur; et
- toutes les formalités relatives au transfert du titre de propriété des Créances à la Société ont été ou seront accomplies
par les Associés Contribuant et, au moment de l'apport des Créances par les Associés Contribuant à la Société, la Société
deviendra le seul propriétaire des Créances.»
Le Bilan et le Certificat, après signature «ne varietur» par le mandataire des parties comparantes et le notaire instru-
mentant, resteront annexés à cet acte pour les formalités de l'enregistrement.
Les Associés par la présente approuvent expressément et acceptent l'émission des parts sociales comme énoncé ci-
dessus.
<i>Quatrième résolutioni>
Les Associés décident de modifier l'Article 5.1. des Statuts qui sera libellé de la manière suivante:
« 5.1. Le capital social de la Société est fixé à dix millions trente-cinq mille trois cent quatorze euros (EUR 10.035.314,-),
représenté par:
(i) douze mille cinq cents (12.500) parts sociales ordinaires (les Parts Sociales Ordinaires);
(ii) un million deux cent mille (1.200.000) parts sociales traçantes de catégorie A (les Parts Sociales Traçantes de
Catégorie A);
(iii) un million deux cent mille (1.200.000) parts sociales traçantes de catégorie B (les Parts Sociales Traçantes de
Catégorie B);
(iv) un million deux cent mille (1.200.000) parts sociales traçantes de catégorie C (les Parts Sociales Traçantes de
Catégorie C); et
(v) six millions quatre cent vingt-deux mille huit cent quatorze (6.422.814) parts sociales traçantes de catégorie D (les
Parts Sociales Traçantes de Catégorie D).
La Société peut aussi créer et émettre de temps à autre, sous réserve de et conformément à la Loi (i) des Parts Sociales
Traçantes de Catégorie A supplémentaires, (ii) des Parts Sociales Traçantes de Catégorie B supplémentaires, des parts
sociales traçantes de catégorie C supplémentaires, (iv) des parts sociales traçantes de catégorie D supplémentaires, (v)
des parts sociales traçantes de catégorie E (Parts Sociales Traçantes de Catégorie E), (vi) des parts sociales traçantes de
catégorie F (Parts Sociales Traçantes de Catégorie F), (vii) des parts sociales traçantes de catégorie G (Parts Sociales
Traçantes de Catégorie G), (viii) des parts sociales traçantes de catégorie H (Parts Sociales Traçantes de Catégorie H),
et (ix) des parts sociales traçantes de catégorie I (Parts Sociales Traçantes de Catégorie I), chacune ayant une valeur
nominale de EUR 1 (collectivement les Parts Sociales Traçantes, et individuellement une Part Sociale Traçante), qui
traceront la performance et le rendement d'un investissement sous-jacent de la Société tel que spécifié au moment de
l'émission.
Les Parts Sociales Traçantes de Catégorie A traceront la performance et le rendement de l'investissement direct de
la Société dans le capital social de Jupiter Luxembourg S.à r.l.
Les Parts Sociales Traçantes de Catégorie B traceront la performance et le rendement de l'investissement direct de
la Société dans le capital social de TA EU Luxembourg S.à r.l.
Les Parts Sociales Traçantes de Catégorie C traceront la performance et le rendement de l'investissement direct de
la Société dans le capital social de TA EU Luxembourg III S.à r.l.
Les Parts Sociales Traçantes de Catégorie D traceront la performance et le rendement de l'investissement direct de
la Société dans le capital social de TA EU Luxembourg II S.à r.l.
Les Parts Sociales Ordinaires et les Parts Sociales Traçantes sont désignée collectivement et indépendamment de leur
classe comme des Parts Sociales et individuellement et indépendamment de leur classe comme une Part Sociale.»
<i>Cinquième résolutioni>
Les Associés décident de modifier le registre des associés de la Société afin de refléter les changements ci-dessus et
de donner pouvoir et autorité à tout gérant de la Société et tout employé de Saltgate S.A., agissant individuellement, afin
d'enregistrer, au nom et pour le compte de la Société, les parts sociales nouvelles émises dans le registre des associés
de la Société et d'accomplir toutes les formalités y afférentes (y compris, pour éviter tout doute, la signature dudit
registre).
<i>Estimation des fraisi>
Les dépenses, frais, rémunérations et charges, sous quelque forme que ce soit, qui incomberont à la société en raison
du présent acte sont estimés à environ deux mille cinq cents euros (EUR 2.500,-).
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Le notaire soussigné, qui comprend et parle l'anglais, déclare par la présente qu'à la requête des parties comparantes,
le présent acte est rédigé en anglais suivi d'une version française, à la requête des mêmes parties comparantes en cas de
divergences entre le texte anglais et français, la version anglaise fera foi.
Dont acte, passé à Luxembourg, date qu'en tête des présentes.
Et après lecture du document faite au mandataire des parties comparantes, le mandataire des parties comparantes a
signé ensemble avec nous, le notaire, le présent acte original.
Signé: C. Smit et M. Schaeffer.
Enregistré à Luxembourg Actes Civils, le 13 février 2012. LAC/2012/6832. Reçu soixante-quinze euros (EUR 75,-).
<i>Le Receveuri> (signée): Irène THILL.
POUR EXPEDITION CONFORME, délivrée à la demande de la prédite société, sur papier libre, aux fins de la publi-
cation au Mémorial, Recueil des Sociétés et Associations.
Luxembourg, le 22 février 2012.
Référence de publication: 2012024619/355.
(120031361) Déposé au registre de commerce et des sociétés de Luxembourg, le 23 février 2012.
Titi International S.A., Société Anonyme.
Siège social: L-2430 Luxembourg, 18, rue Michel Rodange.
R.C.S. Luxembourg B 89.144.
Le Bilan au 31 décembre 2010 a été déposé au registre de commerce et des sociétés de Luxembourg.
Pour mention aux fins de la publication au Mémorial, Recueil des Sociétés et Associations.
Luxembourg.
Signature.
Référence de publication: 2012027813/10.
(120035738) Déposé au registre de commerce et des sociétés de Luxembourg, le 2 mars 2012.
Titlis S.A., SPF, Société Anonyme - Société de Gestion de Patrimoine Familial.
Siège social: L-2311 Luxembourg, 3, avenue Pasteur.
R.C.S. Luxembourg B 32.613.
Les Bilans au 30.06.2011 ont été déposés au registre de commerce et des sociétés de Luxembourg.
Pour mention aux fins de la publication au Mémorial, Recueil des Sociétés et Associations.
Signature.
Référence de publication: 2012027814/10.
(120036026) Déposé au registre de commerce et des sociétés de Luxembourg, le 2 mars 2012.
TMC S.A., Société Anonyme.
Siège social: L-5445 Schengen, 1A, Wäistrooss.
R.C.S. Luxembourg B 45.537.
Les comptes annuels au 31 décembre 2010 ont été déposés au registre de commerce et des sociétés de Luxembourg.
Pour mention aux fins de la publication au Mémorial, Recueil des Sociétés et Associations.
Référence de publication: 2012027815/9.
(120036310) Déposé au registre de commerce et des sociétés de Luxembourg, le 2 mars 2012.
Toivo S.A., Société Anonyme.
Siège social: L-2155 Luxembourg, 146, Muhlenweg.
R.C.S. Luxembourg B 139.102.
Le bilan au 31.12.2010 a été déposé au registre de commerce et des sociétés de Luxembourg.
Pour mention aux fins de la publication au Mémorial, Recueil des Sociétés et Associations.
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Luxembourg, le 27 février 2012.
Pour ordre
EUROPE FIDUCIAIRE (Luxembourg) S.A.
Boîte Postale 1307
L - 1013 Luxembourg
Référence de publication: 2012027816/14.
(120035591) Déposé au registre de commerce et des sociétés de Luxembourg, le 2 mars 2012.
Tom Thill Associates S.à r.l., Société à responsabilité limitée.
Siège social: L-8315 Olm, 6, Op der Wiss.
R.C.S. Luxembourg B 91.501.
Les comptes annuels au 31.12.2010 ont été déposés au registre de commerce et des sociétés de Luxembourg.
Pour mention aux fins de la publication au Mémorial, Recueil des Sociétés et Associations.
Référence de publication: 2012027818/9.
(120036240) Déposé au registre de commerce et des sociétés de Luxembourg, le 2 mars 2012.
Tribel S.A., Société Anonyme.
Siège social: L-2449 Luxembourg, 30, boulevard Royal.
R.C.S. Luxembourg B 112.793.
Les comptes annuels au 31 décembre 2010 ont été déposés au registre de commerce et des sociétés de Luxembourg.
Pour mention aux fins de la publication au Mémorial, Recueil des Sociétés et Associations.
Référence de publication: 2012027820/9.
(120036149) Déposé au registre de commerce et des sociétés de Luxembourg, le 2 mars 2012.
UB two, Société Anonyme.
Siège social: L-5761 Hassel, 11, rue de Dalheim.
R.C.S. Luxembourg B 129.824.
Les comptes annuels au 31.12.2010 ont été déposés au registre de commerce et des sociétés de Luxembourg.
Pour mention aux fins de la publication au Mémorial, Recueil des Sociétés et Associations.
Référence de publication: 2012027822/9.
(120036237) Déposé au registre de commerce et des sociétés de Luxembourg, le 2 mars 2012.
UB Real S.à r.l., Société à responsabilité limitée.
Capital social: EUR 180.000,00.
Siège social: L-1882 Luxembourg, 5, rue Guillaume Kroll.
R.C.S. Luxembourg B 139.932.
Les comptes annuels au 31 décembre 2010 ont été déposés au registre de commerce et des sociétés de Luxembourg.
Pour mention aux fins de la publication au Mémorial, Recueil des Sociétés et Associations.
Luxembourg, le 24 février 2012.
Référence de publication: 2012027823/10.
(120035648) Déposé au registre de commerce et des sociétés de Luxembourg, le 2 mars 2012.
Urbania Adyal-Groupe Laurad S.C.A., Société en Commandite par Actions.
Siège social: L-1511 Luxembourg, 121, avenue de la Faïencerie.
R.C.S. Luxembourg B 128.822.
Les comptes annuels au 31 décembre 2010 ont été déposés au registre de commerce et des sociétés de Luxembourg.
Pour mention aux fins de la publication au Mémorial, Recueil des Sociétés et Associations.
Signature.
Référence de publication: 2012027825/10.
(120035631) Déposé au registre de commerce et des sociétés de Luxembourg, le 2 mars 2012.
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Vonarius Holding, Société Anonyme.
Siège social: L-2212 Luxembourg, 6, place de Nancy.
R.C.S. Luxembourg B 147.160.
Les comptes annuels au 31/12/2010 ont été déposés au registre de commerce et des sociétés de Luxembourg.
Pour mention aux fins de la publication au Mémorial, Recueil des Sociétés et Associations.
<i>Pour la société
i>Signature
Référence de publication: 2012027827/11.
(120035926) Déposé au registre de commerce et des sociétés de Luxembourg, le 2 mars 2012.
Valindus S.A., SPF, Société Anonyme - Société de Gestion de Patrimoine Familial.
Siège social: L-2311 Luxembourg, 3, avenue Pasteur.
R.C.S. Luxembourg B 52.813.
Le Bilan au 30.11.2010 a été déposé au registre de commerce et des sociétés de Luxembourg.
Pour mention aux fins de la publication au Mémorial, Recueil des Sociétés et Associations.
Signature.
Référence de publication: 2012027828/10.
(120036025) Déposé au registre de commerce et des sociétés de Luxembourg, le 2 mars 2012.
TAM Investment Funds, Société d'Investissement à Capital Variable.
Siège social: L-2520 Luxembourg, 5, allée Scheffer.
R.C.S. Luxembourg B 150.849.
In the year two thousand and eleven, on the twentieth day of December.
Before Us Maître Henri HELLINCKX, notary residing in Luxembourg, Grand Duchy of Luxembourg.
Was held an extraordinary general meeting of shareholders (the “Meeting”) of TAM Investment Funds (hereafter
referred to as the “Corporation”), a société d'investissement à capital variable having its registered office in L-2520
Luxembourg, 5, allée Scheffer (R.C.S. Luxembourg B 150.849), incorporated by a deed of Maître Henri Hellinckx, notary
residing in Luxembourg, on 14 January 2010, published in the Mémorial C, Recueil des Sociétés et Associations (the
“Mémorial”) number 421 of 26 February 2010.
The Meeting was opened with Mrs. Alexandra Schmitt, employee, professionally residing in Luxembourg as chairman
of the Meeting (the “Chairman”).
The Chairman appointed as secretary, Mr. Matthieu Baro, employee, professionally residing in Luxembourg.
The Meeting elected as scrutineer Mrs Céline Parmentier, employee, professionally residing in Luxembourg.
The bureau of the Meeting (hereafter referred to as the “Bureau”) having thus been constituted, the Chairman declared
and requested the notary to state:
I.- That the agenda of the Meeting is the following:
<i>Agenda:i>
1. Amendment of article 3 of the articles of incorporation of the Corporation (the “Articles”) as follows: “The exclusive
object of the Corporation is to place the funds available to it in transferable securities, money market instruments, and
other permitted assets referred to in Part I of the law of 17th December 2010 relating to undertakings for collective
investment, as may be amended in the future (the “2010 Law”), including shares or units of other undertakings for
collective investment, with the purpose of spreading investment risks and affording its shareholders the results of the
management of its portfolio.
The Corporation may take any measures and carry out any operation which it may deem useful in the accomplishment
and development of its purpose to the full extent permitted by Part I of the 2010 Law.”
2. Full restatement of the Articles.
II.- That the extraordinary general meeting convened for 10 November 2011 could not validly deliberate for lack of
quorum and that the present Meeting was convened by notices containing the agenda published in the Mémorial, the
Luxemburger Wort and the Tageblatt on 18 November 2011 and 5 December 2011.
III.- That no quorum is required in order to hold validly this Meeting and that the resolutions on the agenda may only
be validly taken if approved by at least two thirds of the votes cast at the Meeting.
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IV.- That the shareholders present or represented, the proxies of the represented shareholders and the number of
their shares are shown on an attendance list; this attendance list, signed by the shareholders, the proxies of the repre-
sented shareholders and by the bureau of the Meeting, will remain annexed to the present deed to be filed at the same
time with the registration authorities.
V.- As appears from the said attendance list, out of 1,748,206.336 outstanding shares, 6,993.014 shares are present or
represented at the present Meeting.
VI.- As a result of the foregoing, the present Meeting is regularly constituted and may validly deliberate on the agenda.
After deliberation, the Meeting resolves as follows:
<i>First resolutioni>
The Meeting with 6,993.014 votes in favour, decides to amend article 3 of the Articles as follows: “The exclusive object
of the Corporation is to place the funds available to it in transferable securities, money market instruments, and other
permitted assets referred to in Part I of the law of 17th December 2010 relating to undertakings for collective investment,
as may be amended in the future (the “2010 Law”), including shares or units of other undertakings for collective invest-
ment, with the purpose of spreading investment risks and affording its shareholders the results of the management of its
portfolio.
The Corporation may take any measures and carry out any operation which it may deem useful in the accomplishment
and development of its purpose to the full extent permitted by Part I of the 2010 Law.”
<i>Second resolutioni>
The Meeting with 6,993.014 votes in favour, decides to fully restate the Articles as follows:
Art. 1. There exists among the subscribers and all those who may become holders of shares (the “Shares”), a corpo-
ration in the form of a “société anonyme” qualifying as a “société d'investissement à capital variable” under the name of
“TAM Investment Funds” (the “Corporation”).
Art. 2. The Corporation is established for an indefinite period. The Corporation may be dissolved at any time by a
resolution of the shareholders adopted in the manner required for amendment of these articles of incorporation (the
“Articles of Incorporation”).
Art. 3. The exclusive object of the Corporation is to place the funds available to it in transferable securities, money
market instruments, and other permitted assets referred to in Part I of the law of 17
th
December 2010 relating to
undertakings for collective investment, as may be amended in the future (the “2010 Law”), including shares or units of
other undertakings for collective investment, with the purpose of spreading investment risks and affording its shareholders
the results of the management of its portfolio.
The Corporation may take any measures and carry out any operation which it may deem useful in the accomplishment
and development of its purpose to the full extent permitted by Part I of the 2010 Law.
Art. 4. The registered office of the Corporation is established in Luxembourg, in the Grand Duchy of Luxembourg.
Wholly owned subsidiaries, branches or other offices may be established either in Luxembourg or abroad by resolution
of the board of directors of the Corporation (hereafter the “Board of Directors” or the “Directors” or individually
referred to as a “Director”).
In the event that the board of directors determines that extraordinary political, military, economic or social develop-
ments have occurred or are imminent that would interfere with the normal activities of the Corporation at its registered
office, or with the ease of communication between such office and persons abroad, the registered office may be tempo-
rarily transferred abroad until the complete cessation of these abnormal circumstances; such temporary measures shall
have no effect on the nationality of the Corporation which, notwithstanding the temporary transfer of its registered office,
will remain a Luxembourg corporation.
If permitted by and under the conditions set forth in Luxembourg laws and regulations, the Board of Directors may
decide to transfer the registered office of the Corporation to any other place in the Grand-Duchy of Luxembourg.
Art. 5. The minimum capital of the Corporation shall be the minimum prescribed by Luxembourg law.
The capital of the Corporation shall be represented by shares of no par value and shall at any time be equal to the
total net assets of the Corporation as defined in Article twenty-three hereof.
The Board of Directors is authorised without limitation to issue further shares to be fully paid at any time at a price
based on the net asset value per share or the respective net asset values per share determined in accordance with Article
twenty-three hereof without reserving to the existing shareholders a preferential right to subscription of the shares to
be issued.
The Board of Directors may delegate to any duly authorised director or officer of the Corporation or to any other
duly authorised person or entity, the duty of accepting subscriptions and of delivering and receiving payment for such
new shares.
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Such shares may, as the Board of Directors shall determine, be of different classes and the proceeds of the issue of
each class of shares (“Class of Shares” or “Class”) shall be invested pursuant to Article three hereof in transferable
securities, money market instruments or other assets corresponding to such geographical areas, industrial sectors or
monetary zones, or to such specific types of equity or debt securities, as the Board of Directors shall from time to time
determine in respect of each Class of Shares.
The Board of Directors may further decide to create within each Class of Shares two or more sub-classes whose
assets will be commonly invested pursuant to the specific investment policy of the Class concerned but where different
currency hedging techniques and/or subscription, conversion or redemption fees and management charges and/or dis-
tribution policies, minimum subscription or holding amount or any other specific feature may be applied. If sub-classes
are created, references to “classes” in these Articles should, where appropriate, be construed as references to such “sub-
classes”.
For the purpose of determining the capital of the Corporation, the net assets attributable to each Class shall, if not
expressed in Euro be translated into Euro and the capital shall be the total net assets of all the classes.
Art. 6. The Corporation shall only issue Shares in registered form. Shareholders will receive a confirmation of their
shareholding. No Share certificate will however be issued.
Shares may be issued only upon acceptance of the subscription and after receipt of the purchase price. The subscriber
will, without undue delay, upon acceptance of the subscription and receipt of the purchase price, receive title to the
Shares purchased by him and upon application obtain delivery of definitive confirmation of his shareholding.
In exceptional circumstances, Shares may also be issued upon acceptance of the subscription against contributions in
kind of transferable securities and other assets considered acceptable by the Board of Directors and compatible with the
investment policy and the investment objective of the Corporation, subject to applicable laws and regulations. Any such
subscription in kind will be valued in a special report prepared by the Corporation's auditor if legally required. Any
expenses incurred in connection with such contributions shall be borne by the shareholders concerned.
Payments of dividends, if any, will be made to shareholders, at their address in the register of shareholders (the
“Register of Shareholders”) or to designated third parties.
All issued Shares of the Corporation shall be inscribed in the Register of Shareholders, which shall be kept by the
Corporation or by one or more persons designated therefore by the Corporation and such register shall contain the
name of each holder of shares, his residence or elected domicile and the number of Shares held by him. Every transfer
of share shall be entered in the Register of Shareholders.
Transfer of shares shall be effected by written declaration of transfer to be inscribed in the Register of Shareholders,
dated and signed by the transferor and transferee, or by persons holding suitable powers of attorney to act therefore.
The Corporation may also recognise any other evidence of transfer satisfactory to it.
Every shareholder must provide the Corporation with an address to which all notices and announcements from the
Corporation may be sent. Such address will also be entered in the Register of Shareholders.
In the event that such shareholder does not provide such an address or notices and announcements are referred as
undeliverable to such address, the Corporation may permit a notice to this effect to be entered in the Register of
Shareholders and the shareholder's address will be deemed to be at the registered office of the Corporation, or such
other address as may be so entered by the Corporation from time to time, until another address shall be provided to
the Corporation by such shareholder. The shareholder may, at any time, change his address as entered in the Register
of Shareholders by means of a written notification to the Corporation at its registered office, or at such other address
as may be set by the Corporation from time to time.
If payment made by any subscriber results in the issue of a Share fraction, such fraction shall be entered into the
Register of Shareholders. It shall not be entitled to vote but shall, to the extent the Corporation shall determine, be
entitled to a corresponding fraction of the dividend or other distributions.
The Corporation will recognise only one holder in respect of a Share in the Corporation. In the event of joint ownership
the Corporation may suspend the exercise of any right deriving from the relevant Share or Shares until one person shall
have been designated to represent the joint owners vis-à-vis the Corporation.
In the case of joint shareholders, the Corporation reserves the right to pay any redemption proceeds, distributions
or other payments to the first registered holder only, whom the Corporation may consider to be the representative of
all joint holders, or to all joint shareholders together, at its absolute discretion.
Art. 7. Subject to the provisions of Luxembourg law regarding misplaced or destroyed bearer shares, if any shareholder
can prove to the satisfaction of the Corporation that his confirmation of shareholding has been mislaid or destroyed,
then, at his request, a duplicate confirmation of shareholding may be issued under such conditions and guarantees as the
Corporation may determine. At the issuance of the new confirmation of shareholding, on which it shall be recorded that
it is a duplicate, the original confirmation of shareholding in place of which the new one has been issued shall become
void.
Mutilated confirmations of shareholding may be exchanged for new ones by order of the Corporation. The mutilated
confirmations shall be delivered to the Corporation and shall be annulled immediately.
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The Corporation may, at its election, charge the shareholder for the costs of a duplicate or of a new confirmation of
shareholding and all reasonable expenses undergone by the Corporation in connection with the issuance and registration
thereof, or in connection with the annulment of the old confirmation of shareholding.
Art. 8. The Corporation may restrict or prevent the ownership of shares in the Corporation by any person, firm or
corporate body if the holding of shares by such person results in a breach of law or regulations whether Luxembourg or
foreign or if such holding may be detrimental to the Corporation or the majority of its shareholders. More specifically,
the Corporation may restrict or prevent the ownership of shares by any “U.S. person” as defined hereafter. For such
purposes the Corporation may:
a) decline to issue any Share and decline to register any transfer of a Share, where it appears to it that such registration
or transfer would or might result in beneficial ownership of such share by a person who is precluded from holding such
Shares or might result in beneficial ownership of such Shares by any person who is a national of, or who is resident or
domiciled in a specific country determined by the Board of Directors exceeding the maximum percentage fixed by the
Board of Directors of the Corporation's capital which can be held by such persons (the “maximum percentage”) or might
entail that the number of such persons who are shareholders of the Corporation exceeds a number fixed by the Board
of Directors (the “maximum number”);
b) at any time require any person whose name is entered in, or any person seeking to register the transfer of shares
on the Register of Shareholders to furnish it with any information, supported by affidavit, which it may consider necessary
for the purpose of determining whether or not beneficial ownership of such shareholder's shares rests or will rest in a
US person or a person who is a national of, or who is resident or domiciled in such other country determined by the
Board of Directors;
c) where it appears that a holder of Shares of a Class restricted to institutional investors (within the meaning of the
Luxembourg law) (“Institutional Investors”) is not an institutional investor, the Corporation will either redeem the re-
levant shares or convert such shares into Shares of a Class which is not restricted to Institutional Investors (provided
there exists such a Class with similar characteristics) and notify the relevant shareholder of such conversion;
d) where it appears to the Corporation that any person who is a national of, or who is resident or domiciled in any
such country determined by the Board of Directors, either alone or in conjunction with any other person is a beneficial
owner of shares or holds shares in excess of the maximum percentage or would entail that the maximum number or
maximum percentage would be exceeded or has produced forged certificates and guarantees or has omitted to produce
the certificates or guarantees determined by the board of directors, compulsorily redeem from any such shareholder all
or part of Shares held by such shareholder in the following manner:
1) The Corporation shall serve a notice (hereinafter called the “redemption notice”) upon the shareholder holding
such Shares or appearing in the Register of Shareholders as the owner of the Shares to be redeemed, specifying the shares
to be redeemed as aforesaid, the price to be paid for such Shares, and the place at which the redemption price in respect
of such Shares is payable. Any such notice may be served upon such shareholder by posting the same in a prepaid registered
envelope addressed to such shareholder at his last address known to or appearing in the books of the Corporation. The
said shareholder shall thereupon forthwith be obliged to deliver without undue delay to the Corporation the confirmation
of shareholding representing the Shares specified in the redemption notice. Immediately after the close of business on
the date specified in the redemption notice, such shareholder shall cease to be a shareholder and the Shares previously
held or owned by him shall be cancelled.
2) The price at which the Shares specified in any redemption notice shall be redeemed (hereinafter referred to as the
“redemption price”) shall be the redemption price defined in Article twenty-one hereof.
3) Payment of the redemption price will be made to the owner of such Shares in the currency in which the net asset
value of the Shares of the Class concerned is determined except in periods of exchange restrictions and the redemption
price will be deposited with a bank in Luxembourg or elsewhere (as specified in the redemption notice) for payment to
such owner upon surrender of the confirmation of shareholding, specified in such notice. Upon deposit of such price as
aforesaid no person interested in the Shares specified in such redemption notice shall have any further interest in such
shares or any of them, or any claim against the Corporation or its assets in respect thereof, except the right of the
shareholder appearing as the owner thereof to receive the price so deposited (without interest) from such bank upon
effective surrender of the confirmation of shareholding, as aforesaid.
4) The exercise by the Corporation of the powers conferred by this Article shall not be questioned or invalidated in
any case, on the ground that there was insufficient evidence of ownership of Shares by any person or that the true
ownership of any Shares was otherwise than appeared to the Corporation at the date of any redemption notice, provided
that in such case the said powers were exercised by the Corporation in good faith; and
e) decline to accept the vote of any person who is precluded from holding Shares in the Corporation or any shareholder
holding a number of shares exceeding the maximum percentage or maximum number at any meeting of shareholders of
the Corporation.
Whenever used in these Articles the term “US person” shall have the same meaning as in Regulation S, as amended
from time to time, of the United States Securities Act of 1933, as amended (the “1933 Act”) or as in any other regulation
or act which shall come into force within the United States of America and which shall in the future replace Regulation
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S or the 1933 Act. The Board of Directors shall define the word “US Person” on the basis of these provisions and publicise
this definition in the sales documents of the Corporation.
Art. 9. Any regularly constituted meeting of the shareholders of the Corporation shall represent the entire body of
shareholders of the Corporation. Its resolutions shall be binding upon all shareholders of the Corporation regardless of
the Class held by them. It shall have the broadest powers to order, carry out or ratify acts relating to the operations of
the Corporation.
Art. 10. The annual general meeting of shareholders shall be held, in accordance with Luxembourg law, at the registered
office of the Corporation, or at such other place in Luxembourg as may be specified in the notice of meeting, on the
fifteenth day of the month of March at 11 a.m. (Luxembourg time) and for the first time in the year 2011. If such day is
not a bank business day in Luxembourg, the annual general meeting shall be held on the immediately preceding bank
business day. The annual general meeting may be held abroad if, in the absolute and final judgement of the board of
directors, exceptional circumstances so require.
If permitted by and under the conditions set forth in Luxembourg laws and regulations, the annual general meeting of
shareholders may be held at a date, time or place to be decided by the Board of Directors.
Other meetings of shareholders, including meetings of shareholders of any Class, may be held at such place and time
as may be specified in the respective notices of meeting. Meetings of shareholders of any Class may be held to decide on
any matters which relate exclusively to such Class.
Art. 11. The quorum required by law shall govern the conduct of the meetings of shareholders of the Corporation,
unless otherwise provided herein.
Each share of whatever class and regardless of the net asset value per share within its class, is entitled to one vote
subject to the restrictions contained in these Articles. A shareholder may act at any meeting of shareholders by appointing
another person as his proxy in writing or by cable, telegram, telex, telefax message or facsimile or any other electronic
means capable of evidencing such proxy. Such proxy shall be valid for any reconvened meeting unless it is specifically
revoked.
At the directors' discretion, a shareholder may also participate at any meeting of shareholders by video conference
or any other means of telecommunication allowing to identify such shareholder. Such means must allow the shareholder
to effectively act at such meeting of shareholders, the proceedings of which must be retransmitted continuously to such
shareholder.
Except as otherwise required by law or as otherwise provided herein, resolutions at a meeting of shareholders duly
convened will be passed by a simple majority of the votes cast. Votes cast shall not include votes attaching to shares for
which the shareholder has not taken part in the vote or has abstained or has returned a blank or invalid vote. A corporation
may execute a proxy under the hand of a duly authorised officer.
The Board of Directors may determine all other conditions that must be fulfilled by shareholders for them to take
part in any meeting of shareholders.
Art. 12. Shareholders will meet upon call by the Board of Directors, pursuant to a notice setting forth the agenda.
Such notice shall be published in the Mémorial, Recueil des Sociétés et Associations of Luxembourg (to the extent
required by Luxembourg law) and in such other newspapers as the Board of Directors may decide.
If, however, all of the shareholders are present or represented at a meeting of shareholders, and if they state that they
have been informed of the agenda of the meeting, the meeting may be held without prior notice or publication.
Under the conditions set forth in Luxembourg laws and regulations, the notice of any general meeting of shareholders
may provide that the quorum and the majority applicable for this general meeting will be determined by reference to the
Shares issued and outstanding at a certain date and time preceding the general meeting (the “Record Date”), whereas
the right of a shareholder to participate at a general meeting of shareholders and to exercise the voting right attached to
his/her/its Shares will be determined by reference to the Shares held by this shareholder as at the Record Date.
Art. 13. The Corporation shall be managed by a Board of Directors composed of not less than three members;
members of the Board of Directors need not be shareholders of the Corporation.
The Directors shall be elected by the shareholders at their annual general meeting for a period ending at the next
annual general meeting and until their successors are elected and qualify, provided, however, that a Director may be
removed with or without cause and/or replaced at any time by resolution adopted by the shareholders.
In the event of a vacancy in the office of Director because of death, retirement or otherwise, the remaining Directors
may elect, by majority vote, a Director to fill such vacancy until the next meeting of shareholders.
Art. 14. The Board of Directors shall choose from among its members a chairman, and may choose from among its
members one or more vice-chairmen. It may also choose a secretary, who need not be a Director, who shall be responsible
for keeping the minutes of the meetings of the Board of Directors and of the shareholders. The Board of Directors shall
meet upon call by the chairman, or two Directors, at the place indicated in the notice of meeting.
The chairman shall preside at all meetings of shareholders and the Board of Directors, but in his absence the share-
holders or the Board of Directors may appoint another Director (and, in respect of shareholders' meetings, any other
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person) as chairman pro tempore by vote of the majority of the votes cast of the Directors present at such meeting
respectively.
The Board of Directors from time to time may appoint the officers of the Corporation, including a general manager,
and any assistant general managers, assistant secretaries or other officers considered necessary for the operation and
management of the Corporation. Any such appointment may be revoked at any time by the Board of Directors. Officers
need not be directors or shareholders of the Corporation. The officers appointed, unless otherwise stipulated in these
Articles, shall have the powers and duties given to them by the Board of Directors.
Written notice of any meeting of the Board of Directors shall be given to all directors at least twenty-four hours in
advance of the hour set for such meeting, except in circumstances of emergency, in which case the nature of such
circumstances shall be set forth in the notice of meeting. This notice may be waived by the consent in writing or by telefax,
e-mail or any other electronic means capable of evidencing such waiver of each Director. Separate notice shall not be
required for individual meetings held at times and places prescribed in a schedule previously adopted by resolution of the
Board of Directors.
Any Director may act at any meeting of the Board of Directors by appointing in writing or by telefax, e-mail or any
other electronic means capable of evidencing such appointment, another Director as his proxy.
Directors may also assist at board meetings and board meetings may be held by telephone link or telephone conference,
provided that the vote be confirmed in writing.
A Director may also participate at any meeting of the Board of Directors by video conference or any other means of
telecommunication allowing to identify such Director. Such means must allow the Director to effectively act at such
meeting of the Board of Directors, the proceedings of which must be retransmitted continuously to such Director. Such
a board meeting held at distance by way of such communication means shall be deemed to have taken place at the
registered office of the Corporation.
The Directors may only act at duly convened meetings of the Board of Directors. Directors may not bind the Cor-
poration by their individual acts, except as specifically permitted by resolution of the Board of Directors.
The board of directors can deliberate or act validly only if at least half of the Directors are present or represented at
a meeting of the Board of Directors. Decision shall be taken by a majority of the votes of the Directors present or
represented at such meeting. In the event that in any meeting the number of votes for and against a resolution shall be
equal, the chairman shall have a casting vote.
Decisions may also be taken by circular resolutions signed by all the Directors.
The Board of Directors may delegate its powers to conduct the daily management and affairs of the Corporation and
its powers to carry out acts in furtherance of the corporate policy and purpose, to officers of the Corporation or to
other contracting parties.
Art. 15. The minutes of any meeting of the Board of Directors shall be signed by the chairman or, in his absence, by
the chairman pro tempore who presided at such meeting.
Copies or extracts of such minutes which may be produced in judicial proceedings or otherwise shall be signed by the
chairman, or by the secretary, or by two directors.
Art. 16. The Board of Directors shall, based upon the principle of spreading of risks, have power to determine the
corporate and investment policy and the course of conduct of the management and business affairs of the Corporation.
The Board of Directors shall also determine any restrictions which shall from time to time be applicable to the in-
vestments of the Corporation, in accordance with Part I of the 2010 Law.
The Board of Directors may decide that investments of the Corporation be made (i) in transferable securities and
money market instruments admitted to or dealt in on a regulated market as defined by the 2010 Law, (ii) in transferable
securities and money market instruments dealt in on another market in a Member State (as defined in the 2010 Law)
which is regulated, operates regularly and is recognised and open to the public, (iii) in transferable securities and money
market instruments admitted to official listing in Eastern and Western Europe, Africa, the American continents, Asia,
Australia and Oceania, or dealt in on another market in the countries referred to above, provided that such market is
regulated, operates regularly and is recognised and open to the public, (iv) in recently issued transferable securities and
money market instruments provided the terms of the issue provide that application be made for admission to official
listing in any of the stock exchanges or other regulated markets referred to above and provided that such admission is
secured within one year of the issue, as well as (v) in any other securities, instruments or other assets within the res-
trictions as shall be set forth by the Board of Directors in compliance with applicable laws and regulations and disclosed
in the sales documents of the Corporation.
The Board of Directors of the Corporation may decide to invest up to one hundred per cent of the total net assets
of each Class of shares of the Corporation in different transferable securities and money market instruments issued or
guaranteed by any Member State, its local authorities, a non-Member State of the European Union, as acceptable by the
Luxembourg supervisory authority and disclosed in the sales documents of the Corporation, or public international bodies
of which one or more of those member states are members, provided that in the case where the Corporation decides
to make use of this provision it must hold, on behalf of the Class concerned, securities from at least six different issues
and securities from any one issue may not account for more than thirty per cent of such Class' total net assets.
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The Board of Directors may decide that investments of the Corporation be made in financial derivative instruments,
including equivalent cash settled instruments, dealt in on a regulated market as referred to in the 2010 Law and/or financial
derivative instruments dealt in over-the-counter provided that, among others, the underlying consists of instruments
covered by Article 41 (1) of the 2010 Law, financial indices, interest rates, foreign exchange rates or currencies, in which
the Corporation may invest according to its investment objectives as disclosed in its sales documents.
The Board of Directors may decide that investments of a class to be made with the aim to replicate a certain stock
or bond index provided that the relevant index is recognised by the Luxembourg supervisory authority on the basis that
it is sufficiently diversified, represents an adequate benchmark for the market to which it refers and is published in an
appropriate manner.
The Corporation will not invest more than 10% of the net assets of any Class in undertakings for collective investment
as defined in Article 41 (1) (e) of the 2010 Law.
The Board of Directors may invest and manage all or any part of the pools of assets established for two or more
classes of shares on a pooled basis, as described in Article twenty-four, where it is appropriate with regard to their
respective investment sectors to do so.
Under the conditions set forth in Luxembourg laws and regulations, any Class may, to the widest extent permitted by
applicable Luxembourg laws and regulations, but in accordance with the provisions set forth in the sales documents, invest
in one or more Classes. The relevant legal provisions on the computation of the net asset value will be applied accordingly.
In such case and subject to conditions set forth in applicable Luxembourg laws and regulations, the voting rights, if any,
attaching to the Shares held by a Class in another Class are suspended for as long as they are held by the Class concerned.
In addition and for as long as these Shares are held by a Class, their value will not be taken into consideration for the
calculation of the net assets of the Corporation for the purposes of verifying the minimum capital required by the 2010
Law.
Under the conditions set forth in Luxembourg laws and regulations, the Board of Directors may, at any time it deems
appropriate and to the largest extent permitted by applicable Luxembourg laws and regulations, but in accordance with
the provisions set forth in the sales documents of the Corporation, (i) create any Class qualifying either as a feeder UCITS
or as a master UCITS, (ii) convert any existing Class into a feeder UCITS Class or (iii) change the master UCITS of any
of its feeder UCITS Classes.
Art. 17. No contract or other transaction between the Corporation and any other corporation or firm shall be affected
or invalidated by the fact that any one or more of the Directors or officers of the Corporation is interested in, or is a
Director, associate, officer or employee of such other corporation or firm. Any Director or officer of the Corporation
who serves as a director, officer or employee of any corporation or firm with which the Corporation shall contract or
otherwise engage in business shall not, by reason of such affiliation with such other corporation or firm be prevented
from considering and voting or acting upon any matters with respect to such contract or other business.
In the event that any director or officer of the Corporation may have any personal interest in any transaction of the
Corporation, such Director or officer shall make known to the Board of Directors such personal interest and shall not
consider or vote on any such transaction, and such transaction, and such Director's or officer's interest therein, shall be
reported to the next succeeding meeting of shareholders. This paragraph shall not apply where the decision of the Board
of Directors relates to current operations entered into under normal conditions.
The term “personal interest”, as used in the preceding sentence, shall not include any relationship with or interest in
any matter, position or transaction involving Tocqueville Asset Management L.P., any parent undertaking, any subsidiary
or affiliate thereof or such other corporation or entity as may from time to time be determined by the Board of Directors
on its discretion, unless such “personal interest” is considered to be a conflicting interest by applicable laws and regula-
tions.
Art. 18. The Corporation may indemnify any Director or officer and his heirs, executors and administrators against
expenses reasonably incurred by him in connection with any action, suit or proceeding to which he may be made a party
by reason of his being or having been a Director or officer of the Corporation or, at its request, of any other corporation
of which the Corporation is a shareholder or creditor and from which he is not entitled to be indemnified, except in
relation to matters as to which he shall be finally adjudged in such action, suit or proceeding to be liable for gross negligence
or misconduct; in the event of a settlement, indemnification shall be provided only in connection with such matters
covered by the settlement as to which the Corporation is advised by counsel that the person to be indemnified did not
commit such a breach of duty. The foregoing right of indemnification shall not exclude other rights to which he may be
entitled.
Art. 19. The Corporation will be bound by the joint signature of any two Directors or by the joint or individual signature
(s) of any other person(s) to whom signatory authority has been delegated by the Board of Directors.
Art. 20. The Corporation shall appoint an independent auditor (“réviseur d'entreprises agréé”) who shall carry out
the duties prescribed by the 2010 Law. The independent auditor shall be elected by the general meeting of shareholders
and serve until its successor shall have been elected.
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Art. 21. As is more especially prescribed hereinbelow, the Corporation has the power to redeem its own Shares at
any time within the sole limitations set forth by law.
Any shareholder may at any time request the redemption of all or part of his Shares by the Corporation in the minimum
amount as disclosed in the sales documents of the Corporation. The redemption price shall normally be paid not later
than six business days after the date on which the applicable net asset value was determined and shall be equal to the net
asset value for the relevant Class of Shares as determined in accordance with the provisions of Article twenty-three
hereof, less an adjustment or charge, including deferred sales charge or redemption charge, if any, as the sales documents
may provide. Any redemption request must be filed by such shareholder in written form at the registered office of the
Corporation in Luxembourg or with any other person or entity appointed by the Corporation as its agent for redemption
of shares, together with the delivery of the confirmation of shareholding for such shares in proper form (if issued) and
accompanied by proper evidence of transfer or assignment.
If redemption requests for more than 10% of the net asset value of a Class are received, then the Corporation shall
have the right to limit redemptions so they do not exceed this threshold amount of 10%. Redemptions shall be limited
with respect to all shareholders seeking to redeem Shares as of a same Valuation Day so that each such shareholder shall
have the same percentage of its redemption request honoured. The balance of such redemption requests shall be pro-
cessed by the Corporation on the next day on which redemption requests are accepted, subject to the same limitation.
On such day, such requests for redemption will be complied with in priority to subsequent requests.
In exceptional circumstances, the Board of Directors may request that a shareholder accept redemption in kind. The
shareholder may always request a cash redemption payment in the reference currency of the relevant Class. Where the
shareholder agrees to accept redemption in kind he will, as far as possible, receive a representative selection of the
relevant Class' holdings pro rata to the number of shares redeemed and the Board of Directors will make sure that the
remaining shareholders do not suffer any loss therefrom. The value of the redemption in kind will be certified by certificate
drawn up by the independent auditors of the Corporation to the extent required by Luxembourg laws and regulations,
except where the redemption in kind exactly reflects the shareholder's prorata Share of investments.
Any request for redemption shall be irrevocable except in the event of suspension of redemption pursuant to the
previous paragraph or to Article twenty-two hereof. In the absence of revocation, redemption will occur as of the first
Valuation Day after the end of the suspension.
Shares of the capital stock of the Corporation redeemed by the Corporation shall be cancelled.
Any shareholder may request conversion of whole or part of his Shares of one Class into Shares of another Class at
the respective net asset values of the shares of the relevant Class, provided that the Board of Directors may impose such
restrictions as to, inter alia, frequency of conversion, and may make conversion subject to payment of a charge as specified
in the sales documents.
No redemption or conversion by a single shareholder may, unless otherwise decided by the Board of Directors, be
for an amount of less than that of the minimum holding requirement for each registered shareholder as determined from
time to time by the Board of Directors.
If a redemption or conversion or sale of Shares would reduce the value of the holdings of a single shareholder of Shares
of one class below the minimum holding as the Board of Directors shall determine from time to time, then such share-
holder shall be deemed to have requested the redemption or conversion, as the case may be, of all his shares of such
Class.
The Corporation shall not give effect to any transfer of shares in its register as a consequence of which an investor
would not meet the minimum holding requirement.
The Corporation will require from each registered shareholder acting on behalf of other investors that any assignment
of rights to the Shares of the Corporation be made in compliance with applicable securities laws in the jurisdictions where
such assignment is made and that in unregulated jurisdictions such assignment be made in compliance with the minimum
holding requirement.
Art. 22. For the purpose of determining the issue, conversion, and redemption price thereof, the net asset value of
Shares in the Corporation shall be determined up to two decimal places as to the shares of each Class of Shares by the
Corporation from time to time, but in no instance less than twice monthly, as the Board of Directors by resolution may
direct (every such day or time for determination of net asset value being referred to herein as a “Valuation Day”).
Depending on the volume of issues, redemptions or conversions requested by shareholders, the Corporation reserves
the right to allow for the net asset value per Share to be adjusted by dealing and other costs and fiscal charges which
would be payable on the effective acquisition or disposal of assets in the relevant Class of Shares if the net capital activity
exceeds, as a consequence of the sum of all issues, redemptions or conversions of shares in such a Class, such threshold
percentage as may be determined from time to time by the Corporation, of the Class of Share's total net assets on a
given Valuation Day (herein referred to as “swing pricing technique”).
The Corporation may suspend the determination of the net asset value of Shares of any particular Class and the issue
and redemption of its shares from its shareholders as well as conversion from and to Shares of each Class if at any time,
the Board of Directors believes that exceptional circumstances constitute forcible reasons for doing so. Such circums-
tances can arise:
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(a) during any period when any of the principal markets or stock exchanges on which a substantial portion of the
investments of the Corporation attributable to such Class of Shares from time to time is quoted or dealt in is closed
otherwise than for ordinary holidays, or during which dealings therein are restricted or suspended; or
(b) during the existence of any state of affairs which constitutes an emergency as a result of which disposal or valuation
of assets owned by the Corporation would be impracticable, not accurately or not without seriously prejudicing the
interests of the shareholders of the Corporation; or
(c) during any breakdown in the means of communication normally employed in determining the price or value of any
of the investments of the relevant Class of Shares or the current price or values on any market or stock exchange; or
(d) during any period when the Corporation is unable to repatriate funds for the purpose of making payments on the
redemption of the shares of such class or during which any transfer of funds involved in the realisation or acquisition of
investments or payments due on redemption of shares cannot in the opinion of the directors be effected at normal rates
of exchange;
(e) if the Corporation is being or may be wound upon, or following the date on which notice is given to the shareholders;
or
(f) during any period when in the opinion of the board of directors there exist circumstances outside the control of
the Company where it would be impracticable or unfair towards the shareholders to continue dealing in shares of the
Company;
(g) in the event of the publication (i) of the convening of a general meeting of shareholders at which a resolution to
wind up the Corporation or a Class is to be proposed, or of the decision of the Board of Directors to wind up one or
more Classes, or (ii) to the extent that such a suspension is justified for the protection of the shareholders, of the notice
of the general meeting of shareholders at which the merger of the Corporation or a Class is to be proposed, or of the
decision of the Board of Directors to merge one or more Classes.
Any such suspension shall be publicised, if appropriate and as described in the sales documents, by the Corporation
and shall be notified to investors who have applied for Shares and to shareholders requesting redemption or conversion
of their Shares by the Corporation at the time of the filing of the written request for such redemption or conversion.
Such suspension as to any Class of Shares shall have no effect on the calculation of the net asset value, the issue,
redemption and conversion of the Shares of any other Class of Shares.
Art. 23. The net asset value of Shares of each Class of shares shall be expressed as a per share figure in the currency
of the relevant Class of Shares as determined by the Board of Directors and shall be determined, not less than twice a
month, in respect of any Valuation Day by dividing the net assets of the Corporation corresponding to each Class of
Shares, being the value of the assets of the Corporation corresponding to such Class, less its liabilities attributable to
such Class at such time or times as the Board of Directors may determine, by the number of shares of the relevant Class
then outstanding adjusted to reflect any dealing charges, swing pricing technique or fiscal charges which the Board of
Directors considers appropriate to take into account and by rounding the resulting sum to the nearest smallest unit of
the currency concerned in the following manner:
A. The assets of the Corporation shall be deemed to include:
a) all cash on hand or on deposit, including any interest accrued thereon;
b) all bills and demand notes and accounts receivable (including proceeds of securities sold but not delivered);
c) all bonds, time notes, shares, stock, units in undertakings for collective investment, debenture stocks, subscription
rights, warrants, options and other investments and securities owned or contracted for by the Corporation;
d) all stock dividends, cash dividends and cash distributions receivable by the Corporation (provided that the Corpo-
ration may make adjustments with regard to fluctuations in the market value of securities caused by trading ex-dividends,
ex-rights, or by similar practices);
e) all interest accrued on any interest-bearing securities owned by the Corporation except to the extent that the same
is included or reflected in the principal amount of such security;
f) the preliminary expenses of the Corporation insofar as the same have not been written off, and
g) all other assets of every kind and nature, including prepaid expenses.
The value of such assets shall be determined as follows:
(a) securities listed on a stock exchange or on other regulated markets, which operate regularly and are recognised
and open to the public, will be valued at the last available price; in the event that there should be several such markets,
on the basis of the last available price of the main market for the relevant security. Should the last available price for a
given security not truly reflect its fair market value, then that security shall be valued on the basis of the probable sales
price which the board of directors deem it is prudent to assume;
(b) securities not listed on a stock exchange or on any other regulated markets, which operate regularly and are
recognised and open to the public, will be valued on the basis of their last available price. Should the last available price
for a given security not truly reflect its fair market value, then that security will be valued by the board of directors on
the basis of the probable sales price which the board of directors deem it is prudent to assume;
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(c) swaps are valued at their fair value based on the underlying securities (at close of business or intraday) as well as
on the characteristics of the underlying commitments;
(d) the liquidating value of futures, forward and options contracts (or any other financial derivative instruments) not
traded on regulated markets or stock exchanges shall mean their net liquidating value determined, pursuant to the policies
established in good faith by the board of directors, on a basis consistently applied for each different variety of contracts.
The liquidating value of futures, forward and options contracts (or any other financial derivative instruments) traded on
regulated markets or stock exchanges shall be based upon the last available settlement prices of these contracts on
regulated markets or stock exchanges on which the particular futures, forward or options contracts (or any other financial
derivative instruments) are traded by the Corporation; provided that if a futures, forward or options contract (or any
other financial derivative instruments) could not be liquidated on the day with respect to which net assets are being
determined, the basis for determining the liquidating value of such contract shall be such value as the board of directors
may deem fair and reasonable;
(e) shares or units in underlying open-ended investment funds shall be valued at their last available price;
(f) liquid assets and money market instruments may be valued at nominal value plus any accrued interest or on an
amortised cost basis. All other assets, where practice allows, may be valued in the same manner; short-term investments
that have a remaining maturity of one year or less may be valued (i) at market value, or (ii) where market value is not
available or not representative, at amortised cost;
(g) the value of any cash on hand or on deposit, bills and demand notes and accounts receivable, prepaid expenses,
cash dividends and interest declared or accrued as aforesaid, and not yet received shall be deemed to be the full amount
thereof, unless, however, the same is unlikely to be paid or received in full, in which case the value thereof shall be
determined after making such discount as the Board of Directors may consider appropriate in such case to reflect the
true value thereof.
In the event that extraordinary circumstances render such a valuation impracticable or inadequate, other valuation
methods may be used if the Board of Directors considers that another method better reflects the value or the liquidation
value of the investments and is in accordance with the accounting practice, in order to achieve a fair valuation of the
assets of the Corporation.
B. The liabilities of the Corporation shall be deemed to include:
a) all loans, bills and accounts payable;
b) all accrued or payable administrative expenses (including but not limited to investment advisory fee or management
fee, custodian fee and corporate agents' fees);
c) all known liabilities, present and future, including all matured contractual obligations for payments of money or
property, including the amount of any unpaid dividends declared by the Corporation where the Valuation Day falls on
the record date for determination of the person entitled thereto or is subsequent thereto;
d) an appropriate provision for future taxes based on capital and income to the Valuation Day, as determined from
time to time by the Corporation, and other reserves if any authorised and approved by the Board of Directors; and
e) all other liabilities of the Corporation of whatsoever kind and nature except liabilities represented by shares in the
Corporation. In determining the amount of such liabilities the Corporation shall take into account all expenses payable
by the Corporation comprising formation expenses, fees payable to its investment advisers or investment managers, fees
and expenses payable to its directors or officers, its accountants, custodian and its correspondents, domiciliary, registrar
and transfer agents, any paying agent and permanent representatives in places of registration, any other agent employed
by the Corporation, fees and expenses incurred in connection with the general infrastructure of the Corporation, the
listing of the shares of the Corporation at any stock exchange or to obtain a quotation on another regulated market, all
professional and other fees (including fees for legal, consultancy or auditing services), promotional, printing, reporting
and publishing expenses, including the cost of advertising or preparing and printing of the prospectuses, explanatory
memoranda, registration statements, or of interim and annual reports, taxes or governmental charges, and all other
operating expenses, including the cost of buying and selling assets, insurance costs, interest, currency conversion costs,
bank charges and brokerage, postage, telephone and telex. The Corporation may calculate administrative and other
expenses of a regular or recurring nature on an estimated figure for yearly or other periods in advance, and may accrue
the same in equal proportions over any such period.
C. There shall be established a portfolio of assets for each Class of Shares in the following manner:
a) the proceeds from the issue of one or several Classes of Shares shall be applied in the books of the Corporation
to the portfolio of assets established for the Class or Classes of Shares, and the assets and liabilities and income and
expenditure attributable thereto shall be applied to such portfolio subject to the provisions of this Article;
b) if within any portfolio class specific assets are held by the Corporation for a specific Class of Shares, the value thereof
shall be allocated to the Class concerned and the purchase price paid therefore shall be deducted, at the time of acquisition,
from the proportion of the other net assets of the relevant portfolio which otherwise would be attributable to such Class;
c) where any asset is derived from another asset, such derivative asset shall be applied in the books of the Corporation
to the same portfolio or, if applicable, the same Class of Shares as the asset from which it was derived and on each
revaluation of an asset, the increase or diminution in value shall be applied to the relevant portfolio and/or Class;
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d) where the Corporation incurs a liability which relates to any asset attributable to a particular portfolio or class of
shares or to any action taken in connection with an asset attributable to a particular portfolio or class of shares, such
liability shall be allocated to the relevant portfolio and/or Class of Shares;
e) in the case where any asset or liability of the Corporation cannot be considered as being attributable to a particular
portfolio or Class of Shares, such asset or liability shall be equally divided between all the portfolios or, insofar as justified
by the amounts, shall be allocated to the portfolios or, as the case may be, the Classes, prorata to the net asset values;
f) upon the record date for determination of the person entitled to any dividend declared on any Class of Shares, the
net asset value of such Class of Shares shall be reduced by the amount of such dividends;
g) upon the payment of an expense attributable to a specific portfolio or a particular Class of Shares, the amount
thereof shall be deducted from the assets of the portfolio concerned and, if applicable, from the proportion of the net
assets attributable to the Class concerned;
h) if there have been created within a Class, as provided in Article five, sub-classes of Shares, the allocations rules set
forth above shall be applicable mutatis mutandis to such sub-classes.
D. Each portfolio of assets and liabilities shall consist of a portfolio of transferable securities, money market instruments
and other assets in which the Corporation is authorised to invest, and the entitlement of each share class which is issued
by the Corporation in relation with a same portfolio will change in accordance with the rules set out below.
In addition there may be held within each portfolio on behalf of one specific share class or several specific Share Classes,
assets which are Class specific and kept separate from the portfolio which is common to all Share Classes related to such
portfolio and there may be assumed on behalf of such Class or Share Classes specific liabilities.
The proportion of the portfolio which shall be common to each of the Share Classes related to a same portfolio which
shall be allocable to each class of shares shall be determined by taking into account issues, redemptions, distributions, as
well as payments of Class specific expenses or contributions of income or realisation proceeds derived from class specific
assets, whereby the valuation rules set out below shall be applied mutatis mutandis.
The percentage of the net asset value of the common portfolio of any such portfolio to be allocated to each Class of
Shares shall be determined as follows:
1) initially the percentage of the net assets of the common portfolio to be allocated to each share class shall be in
proportion to the respective number of the Shares of each Class at the time of the first issuance of Shares of a new Class;
2) the issue price received upon the issue of Shares of a specific Class shall be allocated to the common portfolio and
result in an increase of the proportion of the common portfolio attributable to the relevant Share Class;
3) if in respect of one Share Class the Corporation acquires specific assets or pays Class specific expenses (including
any portion of expenses in excess of those payable by other Share Classes) or makes specific distributions or pays the
redemption price in respect of Shares of a specific Class, the proportion of the common portfolio attributable to such
Class shall be reduced by the acquisition cost of such Class specific assets, the specific expenses paid on behalf of such
Class, the distributions made on the Shares of such Class or the redemption price paid upon redemption of Shares of
such Class;
4) the value of Class specific assets and the amount of Class specific liabilities are attributed only to the Share Class
or Classes to which such assets or liabilities relate and this shall increase or decrease the net asset value per share of
such specific share class or classes.
E. For the purposes of this Article:
a) Shares in respect of which subscription has been accepted but payment has not yet been received shall be deemed
to be existing as from the close of business on the Valuation Day on which they have been allotted and the price therefore,
until received by the Corporation, shall be deemed a debt due to the Corporation;
b) Shares of the Corporation to be redeemed under Article twenty-one hereof shall be treated as existing and taken
into account until immediately after the close of business on the Valuation Day referred to in this Article, and from such
time and until paid the price therefore shall be deemed to be a liability of the Corporation;
c) all investments, cash balances and other assets of the Corporation not expressed in the currency in which the net
asset value of any class is denominated, shall be valued after taking into account the market rate or rates of exchange in
force at the date and time for determination of the net asset value of Shares; and
d) effect shall be given on any Valuation Day to any purchases or sales of securities contracted for by the Corporation
on such Valuation Day, to the extent practicable.
If the Corporation's board of directors so determines, the net asset value of the Shares of each Class may be converted
at the middle market rate into such other currencies than the currency of denomination of the relevant class, referred
to above, and in such case the issue and redemption price per share of such class may also be determined in such currency
based upon the result of such conversion.
The net asset value may be adjusted as the Corporation's board of directors may deem appropriate to reflect inter
alia any dealing charges, including any dealing spreads, fiscal charges and potential market impact resulting from the
shareholder transactions.
42362
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Art. 24.
1. The Board of Directors may invest and manage all or any part of the portfolios of assets established for one or more
Classes of Shares (hereafter referred to as “Participating Funds”) on a pooled basis where it is applicable with regard to
their respective investment sectors to do so. Any such enlarged asset pool (“Enlarged Asset Pool”) shall first be formed
by transferring to it cash or (subject to the limitations mentioned below) other assets from each of the Participating Funds.
Thereafter the Board of Directors may from time to time make further transfers to the Enlarged Asset Pool. It may also
transfer assets from the Enlarged Asset Pool to a Participating Fund, up to the amount of the participation of the Parti-
cipating Fund concerned. Assets other than cash may be allocated to an Enlarged Asset Pool only where they are
appropriate to the investment sector of the Enlarged Asset Pool concerned.
2. The assets of the Enlarged Asset Pool to which each Participating Fund shall be entitled, shall be determined by
reference to the allocations and withdrawals made on behalf of the other Participating Funds.
3. Dividends, interests and other distributions of an income nature received in respect of the assets in an Enlarged
Asset Pool will be immediately credited to the Participating Funds, in proportion to their respective entitlements to the
assets in the Enlarged Asset Pool at the time of receipt.
Art. 25. Whenever the Corporation shall offer Shares for subscription, the price per Share at which such Shares shall
be offered and sold, shall be the net asset value as hereinabove defined for the relevant Class of Shares plus any adjustment
or charge, including but not limited to any applicable swing pricing technique, which reverts to the Corporation and such
sales charge, if any, as the sales documents of the Corporation may provide. The price per Share will be rounded upwards
or downwards as the Board of Directors may resolve. The price so determined shall be payable within the period of time
set out in the sales documents of the Corporation.
Art. 26. The accounting year of the Corporation shall begin on 1
st
January of each year and shall terminate on the 31
st
December of the same year.
The accounts of the Corporation shall be expressed in Euro. When there shall be different Classes as provided for in
Article five hereof, and if the accounts within such Classes are expressed in different currencies, such accounts shall be
translated into Euro and added together for the purpose of the determination of the accounts of the Corporation.
Art. 27. Within the limits provided by law, the general meeting of holders of shares of the Class or Classes in respect
of which a same pool of assets has been established pursuant to Article twenty-three section C. shall, upon the proposal
of the Board of Directors in respect of such Class or Classes of Shares, determine how the annual results shall be disposed
of.
If the Board of Directors has decided, in accordance with the provisions of Article five hereof, to create within each
Class of Shares two sub-classes where one sub-class entitles to dividends (“Dividend Shares”) and the other sub-class
does not entitle to dividends (“Accumulation Shares”), dividends may only be declared and paid in accordance with the
provisions of this Article in respect of Dividend Shares and no dividends will be declared and paid in respect of Accu-
mulation Shares.
The dividends declared may be paid at such places and times and in such currencies as may be determined by the Board
of Directors. Interim dividends may, subject to such further conditions as set forth by law, be paid out on the shares of
any Class of Shares upon decision of the Board of Directors.
No distribution shall be made if as a result thereof the capital of the Corporation becomes less than the minimum
prescribed by law.
However, no dividends will be distributed if their amount is below the amount of fifty Euro (50 EUR) or its equivalent
in another currency or such other amount to be decided by the Board of Directors from time to time and when published
in the sales documents of the Corporation. Such amount will automatically be reinvested.
Art. 28. The Corporation shall enter into a custodian agreement with a bank which shall satisfy the requirements of
the 2010 Law (the “Custodian”). All securities, cash and other assets of the Corporation are to be held by or to the
order of the Custodian who shall assume towards the Corporation and its shareholders the responsibilities provided by
the 2010 Law.
In the event of the Custodian desiring to retire, the Board of Directors shall use its best endeavours to find within
two months a Luxembourg credit institution to act as custodian and upon doing so the Board of Directors shall appoint
such Luxembourg credit institution to be custodian in place of the retiring Custodian. The Board of Directors may
terminate the appointment of the Custodian but shall not remove the Custodian unless and until a successor custodian
shall have been appointed in accordance with this provision to act in the place thereof.
All opening of accounts in the name of the Corporation, as well as power of attorney on such accounts, must be
subject to the prior approval and ratification of the Board of Directors.
Art. 29. In the event of a dissolution of the Corporation, liquidation shall be carried out by one or several liquidators
(who may be physical persons or legal entities) named by the meeting of shareholders effecting such dissolution and which
shall determine their powers and their compensation.
42363
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A Class may be dissolved by compulsory redemption of Shares of the Class concerned, upon a decision of the Board
of Directors:
(a) if the net asset value of the Class concerned has decreased below an amount decided from time to time by the
Board of Directors and disclosed in the sales documents of the Corporation,
(b) if a change in the economical or political situation relating to the class concerned would have material adverse
consequences on investments of the class, or
(c) in order to proceed with an economic rationalisation.
The redemption price will be the net asset value per share (taking into account actual realisation prices of investments
and realisation expenses), calculated as of the Valuation Day at which such decision shall take effect.
The Corporation shall serve a written notice to the holders of the relevant shares to inform them of the effective date
of the compulsory redemption, which will indicate the reasons for, and the procedure of the redemption operations.
Unless it is otherwise decided in the interests of, or to keep equal treatment between, the shareholders, the shareholders
of the Class concerned may continue to request redemption or conversion of their Shares free of charge prior to the
effective date of the compulsory redemption, taking into account actual realisation prices of investments and realisation
expenses.
Notwithstanding the powers conferred to the Board of Directors by the preceding paragraph, a general meeting of
shareholders of any Class may, upon proposal from the Board of Directors, redeem all the shares of such Class and
refund to the shareholders the net asset value of their shares (taking into account actual realisation prices of investments
and realisation expenses) calculated as of the Valuation Day at which such decision shall take effect. There shall be no
quorum requirements for such general meeting of shareholders at which resolutions shall be adopted by simple majority
of the votes cast if such decision does not result in the liquidation of the Corporation.
Liquidation proceeds not claimed by the shareholders at the close of the liquidation of a Class or sub-class will be
deposited at the Caisse de Consignation in Luxembourg. If not claimed, they shall be forfeited in accordance with the
provisions of Luxembourg law.
All redeemed Shares shall be cancelled.
Under the circumstances provided above in this Article, the Board of Directors may decide to redesignate the Shares
of the Class concerned as Shares of another Class or Luxembourg undertaking for collective investment (following a split,
if necessary, and the payment of the amount corresponding to any fractional entitlement to shareholders). Such decision
will be notified to the shareholders concerned (and, in addition, the notification will contain information in relation to
the Class or Luxembourg undertaking for collective investment), one month before the date on which the split becomes
effective in order to enable shareholders to request redemption or conversion of their Shares, free of charge, during
such period.
Any merger of a Class shall be decided by the Board of Directors unless the Board of Directors decides to submit the
decision for a merger to a meeting of shareholders of the Class concerned. No quorum is required for this meeting of
shareholders and decisions are taken by a simple majority of the votes cast. In case of a merger of one or more Class(es)
where, as a result, the Corporation ceases to exist, the merger shall be decided by a meeting of shareholders resolving
in accordance with the quorum and majority requirements for changing these Articles of Incorporation. In addition, the
provisions on mergers of UCITS set forth in the 2010 Law and any implementing regulation shall apply.
Art. 30. These Articles of Incorporation may be amended from time to time by a meeting of shareholders, subject to
the quorum and voting requirements provided by the laws of Luxembourg. Any amendment affecting the rights of the
holders of Shares of any class vis-à-vis those of any other Class shall be subject, further, to the said quorum and majority
requirements in respect of each such relevant Class.
Art. 31. All matters not governed by these Articles of Incorporation shall be determined in accordance with the law
of 10
th
August 1915 on commercial companies, as amended (the “1915 Law”), and the 2010 Law.
There being no further business on the Agenda, the Meeting was thereupon closed.
The undersigned notary who understands and speaks English, states herewith that on request of the above appearing
persons, the present deed is worded in English only.
Whereof the present notarial deed was drawn up in Luxembourg, on the day named at the beginning of this document.
The document having been read to the proxyholder of the appearing persons, known to the notary, by its surname,
first name, civil status and residence, the said person signed together with us, the notary, the present original deed.
Signé: A. SCHMITT, M. BARO, C. PARMENTIER et H. HELLINCKX.
Enregistré à Luxembourg A.C., le 30 décembre 2011. Relation: LAC/2011/59199. Reçu soixante-quinze euros (75,-
EUR).
<i>Le Receveur pd.i> (signé): C. FRISING.
POUR EXPEDITION CONFORME, délivrée à la société sur demande.
42364
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Luxembourg, le 13 février 2012.
Référence de publication: 2012024623/724.
(120031413) Déposé au registre de commerce et des sociétés de Luxembourg, le 23 février 2012.
Varezzo S.A., Société Anonyme.
Siège social: L-2311 Luxembourg, 3, avenue Pasteur.
R.C.S. Luxembourg B 153.935.
Le Bilan au 31.12.2010 a été déposé au registre de commerce et des sociétés de Luxembourg.
Pour mention aux fins de la publication au Mémorial, Recueil des Sociétés et Associations.
Signature.
Référence de publication: 2012027829/10.
(120036024) Déposé au registre de commerce et des sociétés de Luxembourg, le 2 mars 2012.
Vilcabamba S.à r.l., Société à responsabilité limitée.
Siège social: L-8350 Garnich, 67, An der Merzel.
R.C.S. Luxembourg B 150.127.
Les comptes annuels au 31 décembre 2011 ont été déposés au registre de commerce et des sociétés de Luxembourg.
Pour mention aux fins de la publication au Mémorial, Recueil des Sociétés et Associations.
Luxembourg, le 27 janvier 2012.
Signature.
Référence de publication: 2012027838/10.
(120035755) Déposé au registre de commerce et des sociétés de Luxembourg, le 2 mars 2012.
Voronet S.A., Société Anonyme.
Siège social: L-2311 Luxembourg, 3, avenue Pasteur.
R.C.S. Luxembourg B 101.516.
Le Bilan au 31.12.2010 a été déposé au registre de commerce et des sociétés de Luxembourg.
Pour mention aux fins de la publication au Mémorial, Recueil des Sociétés et Associations.
Signature.
Référence de publication: 2012027841/10.
(120036023) Déposé au registre de commerce et des sociétés de Luxembourg, le 2 mars 2012.
Wedco One (Luxembourg) S.à r.l., Société à responsabilité limitée.
Capital social: EUR 12.506,00.
Siège social: L-1651 Luxembourg, 55, avenue Guillaume.
R.C.S. Luxembourg B 145.187.
Le bilan de la Société au 30 septembre 2011 a été déposé au registre de commerce et des sociétés de Luxembourg.
Pour mention aux fins de la publication au Mémorial, Recueil des Sociétés et Associations.
Luxembourg, le 1
er
mars 2012.
<i>Pour Wedco One (Luxembourg) S.à r.l.
i>Signature
<i>Un mandatairei>
Référence de publication: 2012027842/13.
(120036086) Déposé au registre de commerce et des sociétés de Luxembourg, le 2 mars 2012.
Wedco One (Luxembourg) S.à r.l. Participations S.C.A., Société en Commandite par Actions.
Capital social: EUR 31.009,00.
Siège social: L-1651 Luxembourg, 55, avenue Guillaume.
R.C.S. Luxembourg B 146.789.
Le bilan de la Société au 30 septembre 2011 a été déposé au registre de commerce et des sociétés de Luxembourg.
Pour mention aux fins de la publication au Mémorial, Recueil des Sociétés et Associations.
42365
L
U X E M B O U R G
Luxembourg, le 1
er
mars 2012.
<i>Pour Wedco One (Luxembourg) S.à r.l. Participations S.C.A.
i>Signature
<i>Un mandatairei>
Référence de publication: 2012027843/13.
(120036084) Déposé au registre de commerce et des sociétés de Luxembourg, le 2 mars 2012.
Webstar S.A., Société Anonyme.
Siège social: L-1510 Luxembourg, 38, avenue de la Faïencerie.
R.C.S. Luxembourg B 145.481.
Les Comptes annuels au 30 juin 2011 ont été déposés au registre de commerce et des sociétés de Luxembourg.
Pour mention aux fins de la publication au Mémorial, Recueil des Sociétés et Associations.
Référence de publication: 2012027847/9.
(120035825) Déposé au registre de commerce et des sociétés de Luxembourg, le 2 mars 2012.
Westside Holding S.A., Société Anonyme - Société de Gestion de Patrimoine Familial.
Siège social: L-1637 Luxembourg, 1, rue Goethe.
R.C.S. Luxembourg B 95.379.
Les comptes annuels au 31 décembre 2011 ont été déposés au registre de commerce et des sociétés de Luxembourg.
Pour mention aux fins de la publication au Mémorial, Recueil des Sociétés et Associations.
Référence de publication: 2012027849/9.
(120036055) Déposé au registre de commerce et des sociétés de Luxembourg, le 2 mars 2012.
WHV Immobilien Sàrl, Société à responsabilité limitée.
Capital social: EUR 12.500,00.
Siège social: L-1882 Luxembourg, 5, rue Guillaume Kroll.
R.C.S. Luxembourg B 125.853.
Les comptes annuels au 31 décembre 2010 ont été déposés au registre de commerce et des sociétés de Luxembourg.
Pour mention aux fins de la publication au Mémorial, Recueil des Sociétés et Associations.
Luxembourg, le 24 février 2012.
Référence de publication: 2012027850/10.
(120035646) Déposé au registre de commerce et des sociétés de Luxembourg, le 2 mars 2012.
Wirth Investments S.A., Société Anonyme.
Siège social: L-5371 Schuttrange, 4, rue Hoimesbuch.
R.C.S. Luxembourg B 89.880.
Les comptes annuels au 31 décembre 2010 ont été déposés au registre de commerce et des sociétés de Luxembourg.
Pour mention aux fins de la publication au Mémorial, Recueil des Sociétés et Associations.
Signature.
Référence de publication: 2012027852/10.
(120036062) Déposé au registre de commerce et des sociétés de Luxembourg, le 2 mars 2012.
Wedco Two (Luxembourg) S.à r.l., Société à responsabilité limitée.
Capital social: EUR 12.508,00.
Siège social: L-1651 Luxembourg, 55, avenue Guillaume.
R.C.S. Luxembourg B 145.216.
Le bilan de la Société au 30 septembre 2011 a été déposé au registre de commerce et des sociétés de Luxembourg.
Pour mention aux fins de la publication au Mémorial, Recueil des Sociétés et Associations.
42366
L
U X E M B O U R G
Luxembourg, le 1
er
mars 2012.
<i>Pour Wedco Two (Luxembourg) S.à r.l.
i>Signature
<i>Un mandatairei>
Référence de publication: 2012027844/13.
(120036085) Déposé au registre de commerce et des sociétés de Luxembourg, le 2 mars 2012.
www.casa.lu, Société Anonyme.
Siège social: L-2165 Luxembourg, 2, rue Emile Mousel.
R.C.S. Luxembourg B 68.462.
Les comptes annuels au 31.12.2010 ont été déposés au registre de commerce et des sociétés de Luxembourg.
Pour mention aux fins de la publication au Mémorial, Recueil des Sociétés et Associations.
Référence de publication: 2012027853/9.
(120036236) Déposé au registre de commerce et des sociétés de Luxembourg, le 2 mars 2012.
FK Holding 1 S.à r.l., Société à responsabilité limitée.
Capital social: EUR 1.485.000,00.
Siège social: L-2520 Luxembourg, 9, allée Scheffer.
R.C.S. Luxembourg B 162.539.
In the year two thousand and twelfth, on the tenth day of January.
Before Us Maître Hellinckx, notary residing in Luxembourg, Grand Duchy of Luxembourg.
There appeared:
- Mrs. Macleod Alison, born on August 29
th
, 1961 in Edinburgh, Scotland, with professional address at 9 Allée Scheffer,
L-2520 Luxembourg (Grand Duchy of Luxembourg).
Here represented by Mr. Régis Galiotto, private employee, residing professionally in 101, rue Cents, L-1319 Luxem-
bourg (Grand Duchy of Luxembourg),
By virtue of a proxy given under private seal,
- Mr. Wies Patrick, born on May 20, 1968 in Echternach, Luxembourg, with professional address at 9 Allée Scheffer,
L-2520 Luxembourg (Grand Duchy of Luxembourg).
Here represented by Mr. Régis Galiotto, private employee, residing professionally in 101, rue Cents, L-1319 Luxem-
bourg (Grand Duchy of Luxembourg),
By virtue of a proxy given under private seal,
- Mr. Beegun Ravi Kumar, born on 3
rd
of June, 1970 in Mauritius, with professional address at 9 Allée Scheffer, L-2520
Luxembourg (Grand Duchy of Luxembourg).
Here represented by Mr. Régis Galiotto, private employee, residing professionally in 101, rue Cents, L-1319 Luxem-
bourg (Grand Duchy of Luxembourg),
By virtue of a proxy given under private seal,
- Mr. Bock Georges, born on 21
st
of May, 1968 in Ettelbruck, Luxembourg, with professional address at 9 Allée
Scheffer, L-2520 Luxembourg (Grand Duchy of Luxembourg).
Here represented by Mr. Régis Galiotto, private employee, residing professionally in 101, rue Cents, L-1319 Luxem-
bourg (Grand Duchy of Luxembourg),
By virtue of a proxy given under private seal,
- Mr. Chambourdon Stanislas, born on 4
th
of August, 1970 in Pau, France, with professional address at 9 Allée Scheffer,
L-2520 Luxembourg (Grand Duchy of Luxembourg).
Here represented by Mr. Régis Galiotto, private employee, residing professionally in 101, rue Cents, L-1319 Luxem-
bourg (Grand Duchy of Luxembourg),
By virtue of a proxy given under private seal,
- Mr. Courtois Yves, born on 26
th
of March, 1971 in Huy, Belgium, with professional address at 9 Allée Scheffer,
L-2520 Luxembourg (Grand Duchy of Luxembourg).
Here represented by Mr. Régis Galiotto, private employee, residing professionally in 101, rue Cents, L-1319 Luxem-
bourg (Grand Duchy of Luxembourg),
By virtue of a proxy given under private seal,
42367
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- Mrs. Dogniez Nathalie, born on 8 November 1966 in Liège, Belgium, with professional address at 9 Allée Scheffer,
L-2520 Luxembourg (Grand Duchy of Luxembourg).
Here represented by Mr. Régis Galiotto, private employee, residing professionally in 101, rue Cents, L-1319 Luxem-
bourg (Grand Duchy of Luxembourg),
By virtue of a proxy given under private seal,
- Mr. Dollé Emmanuel, born on 9 May 1969 in Rouen, France, with professional address at 9 Allée Scheffer, L-2520
Luxembourg (Grand Duchy of Luxembourg).
Here represented by Mr. Régis Galiotto, private employee, residing professionally in 101, rue Cents, L-1319 Luxem-
bourg (Grand Duchy of Luxembourg),
By virtue of a proxy given under private seal,
- Mr. Heymans Vincent, born on 18 July 1966 in Uccle, Belgium, with professional address at 9 Allée Scheffer, L-2520
Luxembourg (Grand Duchy of Luxembourg).
Here represented by Mr. Régis Galiotto, private employee, residing professionally in 101, rue Cents, L-1319 Luxem-
bourg (Grand Duchy of Luxembourg),
By virtue of a proxy given under private seal,
- Mr. Hofmann Michael, born on 8 February 1966 in München, Germany, with professional address at 9 Allée Scheffer,
L-2520 Luxembourg (Grand Duchy of Luxembourg).
Here represented by Mr. Régis Galiotto, private employee, residing professionally in 101, rue Cents, L-1319 Luxem-
bourg (Grand Duchy of Luxembourg),
By virtue of a proxy given under private seal,
- Mr. Köller Vincent, born on 27 June 1969 in Verviers, Belgium, with professional address at 9 Allée Scheffer, L-2520
Luxembourg (Grand Duchy of Luxembourg).
Here represented by Mr. Régis Galiotto, private employee, residing professionally in 101, rue Cents, L-1319 Luxem-
bourg (Grand-Duchy of Luxembourg),
By virtue of a proxy given under private seal,
- Mr. Kreemer Pierre, born on 11 April 1970, in Liège, Belgium, with professional address at 9 Allée Scheffer, L-2520
Luxembourg (Grand Duchy of Luxembourg).
Here represented by Mr. Régis Galiotto, private employee, residing professionally in 101, rue Cents, L-1319 Luxem-
bourg (Grand Duchy of Luxembourg),
By virtue of a proxy given under private seal,
- Mr. Labbé Sébastien, born on 26 June 1973 in Saint-Mard, Belgium, with professional address at 9 Allée Scheffer,
L-2520 Luxembourg (Grand Duchy of Luxembourg).
Here represented by Mr. Régis Galiotto, private employee, residing professionally in 101, rue Cents, L-1319 Luxem-
bourg (Grand Duchy of Luxembourg),
By virtue of a proxy given under private seal,
- Mr. Laures Gérard, born on 15
th
of March, 1970 in Luxembourg, with professional address at 9 Allée Scheffer, L-2520
Luxembourg (Grand Duchy of Luxembourg).
Here represented by Mr. Régis Galiotto, private employee, residing professionally in 101, rue Cents, L-1319 Luxem-
bourg (Grand Duchy of Luxembourg),
By virtue of a proxy given under private seal,
- Mr. Leonardi Fabrice, born on 11 May 1970 in Paris, France, with professional address at 9 Allée Scheffer, L-2520
Luxembourg (Grand Duchy of Luxembourg).
Here represented by Mr. Régis Galiotto, private employee, residing professionally in 101, rue Cents, L-1319 Luxem-
bourg (Grand Duchy of Luxembourg),
By virtue of a proxy given under private seal,
- Mr. Meyer Philippe, born on 2 April 1967 in Saint-Avold, France, with professional address at 9 Allée Scheffer, L-2520
Luxembourg (Grand Duchy of Luxembourg).
Here represented by Mr. Régis Galiotto, private employee, residing professionally in 101, rue Cents, L-1319 Luxem-
bourg (Grand Duchy of Luxembourg),
By virtue of a proxy given under private seal,
- Mr. Neefs Philippe, born on 2
nd
of December, 1968 in Ixelles, Belgium, with professional address at 9 Allée Scheffer,
L-2520 Luxembourg (Grand Duchy of Luxembourg).
Here represented by Mr. Régis Galiotto, private employee, residing professionally in 101, rue Cents, L-1319 Luxem-
bourg (Grand Duchy of Luxembourg),
By virtue of a proxy given under private seal,
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U X E M B O U R G
- Mr. Picquet Alain, born on 25
th
of June, 1961 in Waremme, Belgium, with professional address at 9 Allée Scheffer,
L-2520 Luxembourg (Grand Duchy of Luxembourg).
Here represented by Mr. Régis Galiotto, private employee, residing professionally in 101, rue Cents, L-1319 Luxem-
bourg (Grand Duchy of Luxembourg),
By virtue of a proxy given under private seal,
- Mr. Ravasio Thierry, born on 27 January 1972 in Nancy, France, with professional address at 9 Allée Scheffer, L-2520
Luxembourg (Grand Duchy of Luxembourg).
Here represented by Mr. Régis Galiotto, private employee, residing professionally in 101, rue Cents, L-1319 Luxem-
bourg (Grand Duchy of Luxembourg),
By virtue of a proxy given under private seal,
- Mr. Thomas Louis, born on 5 October 1963 in Verviers, Belgium with professional address at 9 Allée Scheffer, L-2520
Luxembourg (Grand-Duchy of Luxembourg).
Here represented by Mr. Régis Galiotto, private employee, residing professionally in 101, rue Cents, L-1319 Luxem-
bourg (Grand Duchy of Luxembourg),
By virtue of a proxy given under private seal,
- Mr. Chan Yin Li How Foong Victor, born on September 14
th
, 1965 in Quatre Bornes, Mauritius, with professional
address at 9 Allée Scheffer, L-2520 Luxembourg (Grand-Duchy of Luxembourg).
Here represented by Mr. Régis Galiotto, private employee, residing professionally in 101, rue Cents, L-1319 Luxem-
bourg (Grand-Duchy of Luxembourg),
By virtue of a proxy given under private seal,
- Mrs. Schreiner Petra, born on 23 January 1969 in Rheinhausen, Germany,with professional address at 9 Allée Scheffer,
L-2520 Luxembourg (Grand Duchy of Luxembourg).
Here represented by Mr. Régis Galiotto, private employee, residing professionally in 101, rue Cents, L-1319 Luxem-
bourg (Grand-Duchy of Luxembourg),
By virtue of a proxy given under private seal,
all together referred to as the “Shareholders”;
- KPMG Luxembourg Sàrl, with registered office at 9, allée Scheffer, L-2520 Luxembourg (Grand Duchy of Luxem-
bourg), registered with the Luxembourg Trade and Company Register under number B 149133.
Referred to as the “New Shareholder” and here represented by Mr. Régis Galiotto, private employee, residing pro-
fessionally in 101, rue Cents, L-1319 Luxembourg (Grand-Duchy of Luxembourg),
By virtue of a proxy given under private seal,
The proxies signed “ne varietur” by the proxy holder of the appearing parties and the undersigned notary will remain
attached to the present deed for the purpose of registration.
All this having been declared, the Shareholders and the New Shareholder, holding 100% of the share capital of FK
Holding 1 S.à r.l., with registered office at L-2520 Luxembourg, 9, Allée Scheffer, registered with the Luxembourg Trade
and Company Register under number B 162.539, incorporated on 12 July 2011 by a deed of the notary public Me Hellinckx,
residing in Luxembourg, published with the Mémorial C on 8 October 2011, number 2417, page 116,000 (the “Company”),
have immediately proceeded to hold an extraordinary general meeting and have requested the notary to state that:
The agenda of the meeting is the following:
<i>Agendai>
1. Admission of KPMG Luxembourg Sàrl, with registered office at 9, allée Scheffer, L-2520 Luxembourg (Grand-Duchy
of Luxembourg), registered with the Luxembourg Trade and Company Register under number B 149133, as new share-
holder (the “New Shareholder”) of the Company in accordance with the provisions of article 189 of the Commercial
Law;
2. Ratification of the transfer of the 10,000 shares held by Mr. Li How Cheong John in the share capital of the Company
to the New Shareholder for an amount of EUR 10,000 (ten thousand Euro);
3. Ratification of the transfer of the 5,000 shares held by Mr. Robertson Dennis in the share capital of the Company
to the New Shareholder for an amount of EUR 5,000 (five thousand Euro);
4. Ratification of the transfer of the 10,000 shares held by Mr. Reiser Jean-Marie in the share capital of the Company
to the New Shareholder for an amount of EUR 10,000 (ten one thousand Euro);
5. Ratification of the transfer of the 1,000 shares held by Mrs. Lhote Laurence in the share capital of the Company to
the New Shareholder for an amount of EUR 1,000 (one thousand Euro);
6. Ratification of the transfer of the 2,500 shares held by Mr. Collard Eric in the share capital of the Company to the
New Shareholder for an amount of EUR 2,500 (two thousand five hundred Euro);
7. Increase of the corporate capital of the Company by an amount of EUR 1,326,000 (one million three hundred twenty
six thousand Euro) so that to bring it from its current amount of EUR 159,000.-(one hundred fifty nine thousand Euro)
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to EUR 1,485,000 (one million four hundred eighty five thousand Euro) by the issuance of 1,326,000 (one million three
hundred twenty six thousand) shares with a par value of EUR 1.-(one Euro) each (the “New Shares”) increase with a total
issued premium of EUR 13,365,000 (thirteen million three hundred sixty five thousand Euro);
8. Subscription of the New Shares by the Shareholders and the New Shareholder, and full payment of these New
Shares by contribution in cash;
9. Amendment of article 7 of the articles of incorporation of the Company in order to reflect the corporate capital
increase;
10. Full restatement of the articles of association without any change of the corporate object; and
11. Appointment of new managers and modification of the period of the mandate; and
12. Any other business.
After approval of the foregoing, the meeting passed the following resolutions:
<i>First resolutioni>
The Shareholders unanimously APPROVE the admission of the New Shareholder, as new shareholder of the Company
in accordance with the provisions of article 189 of the Commercial Law.
<i>Second resolutioni>
The Shareholders unanimously RATIFY the transfer of the 10,000 shares held by Mr. Li How Cheong John in the share
capital of the Company to the New Shareholder for an amount of EUR 10,000 (ten thousand Euro).
<i>Third resolutioni>
The Shareholders unanimously RATIFY the transfer of the 5,000 shares held by Mr. Robertson Dennis in the share
capital of the Company to the New Shareholder for an amount of EUR 5,000 (five thousand Euro).
<i>Fourth resolutioni>
The Shareholders unanimously RATIFY the transfer of the 10,000 shares held by Mr. Reiser Jean-Marie in the share
capital of the Company to the New Shareholder for an amount of EUR 10,000 (ten one thousand Euro).
<i>Fifth resolutioni>
The Shareholders unanimously RATIFY the transfer of the 1,000 shares held by Mrs. Lhote Laurence in the share
capital of the Company to the New Shareholder for an amount of EUR 1,000 (one thousand Euro).
<i>Sixth resolutioni>
The Shareholders unanimously RATIFY the transfer of the 2,500 shares held by Mr. Collard Eric in the share capital
of the Company to the New Shareholder for an amount of EUR 2,500 (two thousand five hundred Euro).
<i>Seventh resolutioni>
The Shareholders and the New Shareholder unanimously APPROVE to increase the Company’s subscribed share
capital by an amount of EUR 1,326,000 (one million three hundred twenty six thousand Euro) so that to bring it from its
current amount of EUR 159,000.-(one hundred fifty nine thousand Euro) to EUR 1,485,000 (one million four hundred
eighty five thousand Euro) by the issuance of 1,326,000 (one million three hundred twenty six thousand) New Shares.
<i>Eighth resolutioni>
The Shareholders and the New Shareholder unanimously DECIDE to issue 1,326,000 (one million three hundred
twenty six thousand) New Shares with a par value of EUR 1.-(one Euro) each, increase with a total issued premium of
EUR 13,365,000 (thirteen million three hundred sixty five thousand Euro).
<i>Subscription – Paymenti>
The Shareholders have partially waived their preferential subscription rights for the New Shares to be subscribed by
the New Shareholder.
Thereupon intervened, the Shareholders and the New Shareholder, represented by Mr. Regis Galiotto, private em-
ployee, residing professionally in 101, rue Cents, L-1319 Luxembourg (Grand-Duchy of Luxembourg), by virtue of proxies
given under private seal, which through their proxyholder, DECLARE to subscribe for the New Shares and to fully pay
up these New Shares by contribution in cash as mentioned hereafter, so that the amount of EUR 14,691,000 (fourteen
million six hundred ninety one thousand Euro) is from now at the disposal of the Company, evidence of which has been
given to the undersigned notary, by a bank certificate.
Shareholders
Subscribed
capital
(EUR)
Number
of shares
Amount
paid-in
(EUR)
Mrs. Macleod Alison, prenamed; . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
45,000.-
45,000.-
495,000.-
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Mr. Wies Patrick, prenamed; . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
54,000.-
54,000.-
594,000.-
Mr. Beegun Ravi Kumar, prenamed; . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
36,000.-
36,000.-
396,000.-
Mr. Bock Georges, prenamed . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
90,000.-
90,000.-
990,000.-
Mr. Chambourdon Stanislas, prenamed . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
52,000.-
52,000.-
592,000.-
Mr. Courtois Yves, prenamed . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
9,000.-
9,000.-
99,000.-
Mrs. Dogniez Nathalie, prenamed . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
65,000.-
65,000.-
740,000.-
Mr. Dollé Emmanuel, prenamed . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
90,000.-
90,000.-
990,000.-
Mr. Heymans Vincent, prenamed . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
44,000.-
44,000.-
494,000.-
Mr. Hofmann Michael, prenamed . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
63,000.-
63,000.-
693,000.-
Mr. Köller Vincent, prenamed . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
37,000.-
37,000.-
397,000.-
Mr. Kreemer Pierre, prenamed . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
54,000.-
54,000.-
594,000.-
Mr. Labbé Sébastien, prenamed . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
45,000.-
45,000.-
495,000.-
Mr. Laures Gérard, prenamed . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
22,500.-
22,500.-
247,500.-
Mr. Leonardi Fabrice, prenamed . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
45,000.-
45,000.-
495,000.-
Mr. Meyer Philippe, prenamed . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
90,000.-
90,000.-
990,000.-
Mr. Neefs Philippe, prenamed . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
27,000.-
27,000.-
297,000.-
Mr. Picquet Alain, prenamed . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
90,000.-
90,000.-
990,000.-
Mr. Ravasio Thierry, prenamed . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
45,000.-
45,000.-
495,000.-
Mr. Thomas Louis, prenamed . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
65,000.-
65,000.-
740,000.-
Mr. Chan Yin Li How Foong Victor, prenamed . . . . . . . . . . . . . . . . . . . . . . .
27,000.-
27,000.-
297,000.-
Mrs. Schreiner Petra, prenamed . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
9,000.-
9,000.-
99,000.-
KPMG Luxembourg Sàrl . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
221,500.- 221,500.- 2,471,500.-
Total: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1,326,000 1,326,000 14,691,000
<i>Ninth resolutioni>
As a consequence of the foregoing statements and resolutions and the contribution being fully carried out, the Sha-
reholders and the New Shareholder DECIDE to amend article 7 of the articles of incorporation to read as follows:
7. “The issued capital of the Company is set at EUR 1,485,000 (one million four hundred eighty five thousand Euro)
divided into 1,485,000 (one million four hundred eighty five thousand) shares with a nominal value of one (1) euro each
which are fully paid-up.”
<i>Tenth resolutioni>
The Shareholders and the New Shareholder DECIDE to fully restate the articles of association without any change of
the corporate object as follows:
Art. 1. Form. There is hereby established a société à responsabilité limitée (the "Company") governed by the laws of
the Grand Duchy of Luxembourg, especially the law of August 10
th
, 1915 on commercial companies, as amended (the
”1915 Law”), by article 1832 of the Civil Code and by the present articles of incorporation (the "Articles of Incorpora-
tion").
The Company may at any time be composed of several shareholders, but not exceeding forty (40) shareholders, notably
as a result of the transfer of shares or the issue of new shares.
Art. 2. Shareholders. Only the following persons may become shareholders of the Company:
(i) salaried and equity partners of KPMG Luxembourg, a société à responsabilité limitée, having its registered office at
9, allée Scheffer, L-2520 Luxembourg, registered with the Luxembourg trade and companies register under number B
149 133;
(ii) KPMG Luxembourg s.à r.l.;
(iii) the estate, beneficiaries or the legal representatives of a partner of KPMG Luxembourg (deceased or alive);
(iv) retired partner of KPMG Luxembourg S.à r.l.;
(v) any other entity or individual who does not qualify in one of the above categories, but is recommended by the
Board and accepted by the shareholders.
Art. 3. Object. The object of the Company is the acquisition and holding of interests in Luxembourg and/or in foreign
jurisdictions, as well as the administration, development and management of such holdings.
The Company may provide financial assistance to the undertakings forming part of the group of the Company such as
the providing of loans and the granting of guarantees or securities in any kind or form.
The Company may also use its funds to invest in real estate and, provided such investment is ancillary to or related
to the acquisition, holding, administration, development and management of the undertaking forming part of the group
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of the Company, the Company may invest in intellectual property rights or any other movable or immovable assets in
any kind or form.
The Company may borrow in any kind or form and privately issue bonds, notes or similar debt instruments.
In a general fashion the Company may carry out any commercial, industrial or financial operation, which it may deem
useful in the accomplishment and development of its purposes.
Art. 4. Name. The name of the Company is "FK Holding 1 S.à r.l.".
Art. 5. Duration. The duration of the Company is unlimited.
Art. 6. Registered office. The registered office is established in the municipality of Luxembourg (Grand Duchy of
Luxembourg).
It may be transferred to any other place within the Grand Duchy of Luxembourg by decision of the shareholders'
meeting.
The manager or, as the case may be, the Board as defined under Article 13 may also establish branches and subsidiaries,
whether in the Grand Duchy of Luxembourg or abroad.
In the event that the manager or, as the case may be, the Board should determine that extraordinary political, economic
or social developments have occurred or are imminent that would interfere with the normal activities of the Company
at its registered office, or with the ease of communication between such office and persons abroad, the registered office
may be temporarily transferred abroad until the complete cessation of these abnormal circumstances; such temporary
measures shall have no effect on the nationality of the Company which, notwithstanding the temporary transfer of its
registered office, will remain a Luxembourg company. Such temporary measures will be taken and notified to any inter-
ested parties by the manager or, as the case may be, the Board of the Company.
Art. 7. Capital. The issued capital of the Company is set at one million four hundred and eighty five thousand euro
(EUR 1,485,000.-) divided into one million four hundred and eighty five thousand (1,485,000) shares with a nominal value
of one (1) euro each which are fully paid-up.
Art. 8. Amendment of the capital. The capital may at any time be amended by a decision of the single shareholder or
by a resolution of the general meeting of shareholders as the case may be.
The Company may redeem its own shares.
Art. 9. Rights and Duties attached to the shares. Each share entitles its owner to equal rights in the profits and assets
of the Company and to one vote at the general meetings of shareholders.
If the Company is composed of a single shareholder, the latter exercises all powers which are granted by the 1915
Law and the Articles of Incorporation to all the shareholders.
Ownership of a share carries implicit acceptance of the Articles of Incorporation and the resolutions of the single
shareholder or the general meeting of shareholders.
The creditors or successors of any of the shareholders may in no event, for whatever reason, request that seals be
affixed on the assets and documents of the Company or an inventory of assets be ordered by court; they must, for the
exercise of their rights, refer to the Company's inventories and the resolutions of the single shareholder or of the general
meeting of shareholders, as the case may be.
Art. 10. Indivisibility of shares. Each share is indivisible insofar as the Company is concerned.
Co-owners must be represented towards the Company by a common attorney-in-fact, whether appointed amongst
them or not.
Art. 11. Transfer of shares. The shares of the Company are freely transferable subject to the provision of the 1915
Law and of any shareholders’ agreement with respect to the Company which may be concluded between the shareholders
from time to time.
Any transfer of shares will not be allowed for the first five (5) years following the acquisition of the land by FK Property
S.à r.l. , a société à responsabilité limitée, having its registered office at 9, allée Scheffer, L-2520 Luxembourg, except in
accordance with the provisions of any shareholders’ agreement with respect to the Company which may be concluded
between the shareholders from time to time.
The Company shall only accept to register a transfer of shares in the register of shares of the Company to the extent:
a) the transfer is made in compliance with the provisions of these articles of incorporation and of any shareholders'
agreement with respect to the Company which may be concluded from time to time;
b) the transferee of the shares has become a party to any shareholders’ agreement with respect of the Company which
may be concluded from time to time prior to the registration of the transfer in the register of registered shares of the
Company.
The Company will have an option to buy back the shares, at any time, in priority to anybody else in the following
circumstances:
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U X E M B O U R G
a) termination of the employment contract of the shareholder or departure of the shareholder from KPMG Luxem-
bourg to pursue other professional activities in competing firms, or as a result of private or public litigation between the
shareholder and KPMG Luxembourg;
b) divorce or similar proceeding, except if the shareholder is already under a marital contract that segregates his own
assets from the spouse and community.
In the above cases, the shares held by the relevant shareholder will, at the option of the Company, be purchased back
by the Company within a period of eighteen (18) months starting from the date of the relevant circumstance.
The redemption price for the shares will be calculated on the basis of:
a) the property valuation made by FK Property S.à r.l. as at 31 December of each year, it being understood that this
valuation will involve:
- a discounted cash flow model approach;
- a comparative rental yield study from the market
- a valuation of comparative buildings based on a square footage charge;
- The bank debt as at 31 December applying comparable discount rates
b) less the costs of the maintenance of the holding corporate structure of FK Holding 3 S.A.
Art. 12. Incapacity, Bankruptcy or Insolvency of a shareholder. The incapacity, bankruptcy or insolvency or any other
similar event affecting the single shareholder or any of the shareholders does not put the Company into liquidation.
Art. 13. Management of the Company. The Company shall be managed by four (4) managers who need not be share-
holders.
They are appointed for a period of three (3) years and removed from office by a decision of the single shareholder or,
as the case may be, by a simple majority decision of the general meeting of shareholders, which determines their powers
and the term of their mandates. If no term is indicated the managers are appointed for an undetermined period.
The managers may be re-elected without limitation but also their appointment may be revoked with or without cause
(ad nutum) at any time.
In the case of more than one manager, the managers constitute a board of managers (the ”Board”).
Any manager may participate in any meeting of the Board by conference call or by other similar means of communi-
cation allowing all the persons taking part in the meeting to hear one another and to communicate with one another. A
meeting may also be held by conference call only. The participation in, or the holding of, a meeting by these means is
equivalent to a participation in person at such meeting or the holding of a meeting in person.
Managers may be represented at meetings of the Board by another manager without limitation as to the number of
proxies which a manager may accept and vote, it being understood that at least two managers must be present in person
or by conference call.
Written notice of any meeting of the Board must be given to the managers twenty four (24) hours at least in advance
of the date scheduled for the meeting, except in case of emergency, in which case the nature and the motives of the
emergency shall be mentioned in the notice.
This notice may be omitted in case of assent of each manager in writing, by cable, telegram, telex, email or facsimile,
or any other similar means of communication. A special convening notice will not be required for a Board meeting to be
held at a time and location determined in a prior resolution adopted by the Board.
The sole shareholder or as the case may be the general meeting of shareholders may decide appointing managers of
two different classes, being class A managers and class B managers. Any such classification of managers shall be duly
recorded in the minutes of the relevant meeting and the managers be identified with respect to the class they belong.
The Board can only act or deliberate validly if a majority of the managers in office are present or represented.
Subject to the provisions of any shareholders’ agreement which may be concluded from time to time, decisions of the
Board are validly taken by the approval of the two-third majority of the managers of the Company (including by way of
representation).
In the event however the single shareholder or, as the case may be, the general meeting of shareholders has appointed
different classes of managers (namely class A managers and class B managers) any resolutions of the Board may only be
validly taken if approved by the two-third majority of managers including at least one class A and one class B manager.
However, the decisions listed below will only be taken by the Board after the prior approval for execution given by a
majority of shareholders in a general meeting representing at least three quarters of the share capital:
(i) the sale of the property / sale of FK Property S.à r.l. / sale of FK Holding 3 S.A.;
(ii) renovations or expenditure that is unbudgeted and significant financially;
(iii) borrowing for any reason;
(iv) any repurchase or cancellation of shares;
(v) any other decision that should be considered as significant and should be brought to the attention of the share-
holders.
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The minutes of any meeting of the Board shall be signed by the chairman who presided at such meeting or any two
managers present at such meeting.
The Board may also, unanimously, pass resolutions on one or several similar documents by circular means when
expressing its approval in writing, by cable or facsimile or any other similar means of communication. The entirety will
form the circular documents duly executed giving evidence of the resolution. Managers' resolutions, including circular
resolutions, may be conclusively certified or an extract thereof may be issued under the individual signature of any
manager.
Art. 14. Events affecting the managers. The death, incapacity, bankruptcy, insolvency or any other similar event affecting
a manager, as well as its resignation or removal for any cause does not put the Company into liquidation.
Creditors, heirs and successors of a manager may in no event have seals affixed on the assets and documents of the
Company.
Art. 15. Liability of the managers. No manager commits itself, by reason of its functions, to any personal obligation in
relation to the commitments taken on behalf of the Company. It is only liable for the performance of its duties.
Art. 16. Representation of the Company. The Company will be bound by the sole signature in the case of a sole
manager, and in the case of a Board by the joint signature of any two managers, provided however that in the event the
single shareholder or, as the case may be, the general meeting of shareholders has appointed different classes of managers
(namely class A managers and class B managers) the Company will only be validly bound by the joint signature of one
class A manager and one class B manager (including by way of representation).
In any event the Company will be validly bound by the sole signature of any person or persons to whom such signatory
powers shall have been delegated by anyone of the managers or, in the event of classes of managers, by one class A and
one class B manager acting together (including by way of representation).
Art. 17. General meetings of shareholders. In case the Company is composed of several shareholders, the decisions
of the shareholders are taken in a general meeting of shareholders or by a vote in writing on the text of the resolutions
to be adopted which will be sent by the management to the shareholders by registered mail.
In this latter case, the shareholders are under the obligation to, within a delay of fifteen (15) days as from the receipt
of the text of the proposed resolution, cast their written vote and mail it to the Company.
An annual general meeting of shareholders approving the annual accounts shall be held annually within six (6) months
after the close of the accounting year at the registered office of the Company or at such other place as may be specified
in the notice of the meeting.
Art. 18. Decisions of the shareholders. Collective decisions are only validly taken insofar as shareholders owning more
than half of the capital adopt them. However, resolutions to alter the Articles of Incorporation may only be adopted by
the majority (in number) of the shareholders owning at least three-quarters of the Company's shares, subject to any
other provision of the 1915 Law. Change of nationality of the Company requires unanimity.
If all of the shareholders are present or represented at a meeting of shareholders, and if they state that they have been
informed of the agenda of the meeting, the meeting may be held without prior notice or publication.
The decisions of the single shareholder or, as the case may be, of the general meeting of shareholders are documented
in writing, recorded in a register and kept by the management at the registered office of the Company.
The documents evidencing the votes cast in writing as well as the proxies are attached to the minutes.
Art. 19. Financial year. The financial year begins on the first day of January of each year and ends on the thirty-first day
of December the same year.
Art. 20. Annual accounts. At the end of each financial year, the Company's annual accounts are established by the
manager or, as the case may be, the Board and the manager or, as the case may be, the Board prepares a general inventory
including an indication of the value of the Company's assets and liabilities.
Each shareholder or his attorney-in-fact carrying a written proxy may obtain at the Company's registered office com-
munication of the said inventory and balance sheet.
Art. 21. Allocation of profits. The credit balance of the Company stated in the annual inventory, after deduction of
overhead, depreciation and provisions represents the net profit of the financial year.
Five percent (5%) of the net profit is deducted and allocated to the legal reserve fund; this allocation will no longer be
mandatory when the reserve amounts to ten percent (10%) of the capital.
The remaining profit is allocated by resolution of the shareholder(s), as the case may be.
Notwithstanding the preceding provisions, the manager or, as the case may be, the Board may decide to pay interim
dividends to the shareholder(s) before the end of the year on the basis of a statement of accounts showing (i) that sufficient
funds are available for distribution, it being understood that the amount to be distributed may not exceed where applicable,
realized profits since the end of the last financial year, increased by carried forward profits and distributable reserves, but
decreased by carried forward losses and sums to be allocated to a reserve to be established according to the 1915 Law
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or these Articles of Incorporation (ii) and that any such distributed sums which do not correspond to profits actually
earned shall be reimbursed by the shareholder(s).
Art. 22. Dissolution, Liquidation. The Company shall not be dissolved by reason of the death, suspension of civil rights,
insolvency or bankruptcy of the single shareholder or one of the shareholders.
The liquidation of the Company shall be decided by the single shareholder or by shareholders' meeting in accordance
with the applicable legal provisions.
In case of dissolution of the Company, the liquidation shall be carried on by one or several liquidators who may, but
need not be shareholders, appointed by the single shareholder or by the general meeting of shareholders, who shall
determine their powers and their compensation.
Art. 23. Matters not provided. All matters not specifically governed by these Articles of Incorporation shall be deter-
mined in accordance with the 1915 Law.”
<i>Eleventh resolutioni>
The Shareholders and the New Shareholder DECIDE to appoint the managers for a period of three (3) years. For the
managers already appointed, the period starts as of today.
The Shareholders and the New Shareholder DECIDE to appoint the following persons as managers:
- Mr. Pierre Kreemer, born on 11 April 1970 in Liège, Belgium, with professional address at 9, Allée Scheffer, L-2520
Luxembourg, Grand Duchy of Luxembourg; and
- Mr. Thomas Feld, born on the 25 of December 1961 in Landsweiler, Germany, with professional address at 9 Allée
Scheffer, L-2520 Luxembourg, Grand Duchy of Luxembourg.
<i>Costsi>
The costs, expenses, fees and charges, in whatsoever form, which are to be borne by the Company or which shall be
charged to it in connection with its capital increase have been estimated at about five thousand five hundred Euros (5,500.-
euro).
With no other outstanding points on the agenda, and further requests for discussion not forthcoming, the meeting is
closed.
The undersigned notary who understands and speaks English, states herewith that on request of the above appearing
person, the present deed is worded in English, followed by a French version; on request of the same appearing person
and in case of divergences between the English and the French text, the English version shall prevail.
Whereof the present deed was drawn up in Luxembourg, on the day named at the beginning of this document.
The document having been read and translated into a language known by the person appearing, known to the notary
by his surname, Christian name, civil status and residence, the said person appearing signed together with us, the notary,
the present original deed.
Suit la traduction française du texte qui précède:
L'an deux mille douze, le dix janvier.
Par-devant Maître Hellinckx, notaire de résidence à Luxembourg, Grand-Duché de Luxembourg.
A comparu:
- Mme Macleod Alison, née le 29 août 1961, à Edinbourg, Ecosse, ayant pour adresse professionnelle le 9 Allée Scheffer,
L-2520 Luxembourg (Grand-Duché de Luxembourg).
Dûment représentée par Mr. Régis Galiotto, employé privé, demeurant professionnellement au 101, rue Cents, L-1319
Luxembourg, en vertu d’une procuration sous seing privé,
- M. Wies Patrick, né le 20 mai 1968, à Echternach, Luxembourg, ayant pour adresse professionnelle le 9 Allée Scheffer,
L-2520 Luxembourg (Grand-Duché de Luxembourg).
Dûment représenté par Mr. Régis Galiotto, employé privé, demeurant professionnellement au 101, rue Cents, L-1319
Luxembourg, en vertu d’une procuration sous seing privé,
- M. Beegun Ravi Kumar, né le 3 juin 1970, Ile Maurice, ayant pour adresse professionnelle le 9 Allée Scheffer, L-2520
Luxembourg (Grand-Duché de Luxembourg).
Dûment représenté par Mr. Régis Galiotto, employé privé, demeurant professionnellement au 101, rue Cents, L-1319
Luxembourg, en vertu d’une procuration sous seing privé,
- M. Bock Georges, né le 21 mai 1968, à Ettelbruck, Luxembourg, ayant pour adresse professionnelle le 9 Allée Scheffer,
L-2520 Luxembourg (Grand-Duché de Luxembourg).
Dûment représenté par Mr. Régis Galiotto, employé privé, demeurant professionnellement au 101, rue Cents, L-1319
Luxembourg, en vertu d’une procuration sous seing privé,
- M. Chambourdon Stanislas, né le 4 août 1970, à Pau, France, ayant pour adresse professionnelle le 9 Allée Scheffer,
L-2520 Luxembourg (Grand-Duché de Luxembourg).
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Dûment représenté par Mr. Régis Galiotto, employé privé, demeurant professionnellement au 101, rue Cents, L-1319
Luxembourg, en vertu d’une procuration sous seing privé,
- M. Courtois Yves, né le 26 mars 1971, à Huy, Belgique, ayant pour adresse professionnelle le 9 Allée Scheffer, L-2520
Luxembourg (Grand-Duché de Luxembourg).
Dûment représenté par Mr. Régis Galiotto, employé privé, demeurant professionnellement au 101, rue Cents, L-1319
Luxembourg, en vertu d’une procuration sous seing privé,
- Mme Dogniez Nathalie, née le 8 novembre 1966, à Liège, Belgique, ayant pour adresse professionnelle le 9 Allée
Scheffer, L-2520 Luxembourg (Grand-Duché de Luxembourg).
Dûment représentée par Mr. Régis Galiotto, employé privé, demeurant professionnellement au 101, rue Cents, L-1319
Luxembourg, en vertu d’une procuration sous seing privé,
- M. Dollé Emmanuel, né le 9 Mai 1969, à Rouen, France, ayant pour adresse professionnelle le 9 Allée Scheffer, L-2520
Luxembourg (Grand-Duché de Luxembourg).
Dûment représenté par Mr. Régis Galiotto, employé privé, demeurant professionnellement au 101, rue Cents, L-1319
Luxembourg, en vertu d’une procuration sous seing privé,
- M. Heymans Vincent, né le 18 juillet 1966, à Uccle, Belgique, ayant pour adresse professionnelle le 9 Allée Scheffer,
L-2520 Luxembourg (Grand Duché de Luxembourg).
Dûment représenté par Mr. Régis Galiotto, employé privé, demeurant professionnellement au 101, rue Cents, L-1319
Luxembourg, en vertu d’une procuration sous seing privé,
- M. Hofmann Michael, né le 8 février 1966, à Munich, Allemagne, ayant pour adresse professionnelle le 9 Allée Scheffer,
L-2520 Luxembourg (Grand-Duché de Luxembourg).
Dûment représenté par Mr. Régis Galiotto, employé privé, demeurant professionnellement au 101, rue Cents, L1319
Luxembourg, en vertu d’une procuration sous seing privé,
- M. Köller Vincent, né le 27 juin 1969, à Verviers, Belgique, ayant pour adresse professionnelle le 9 Allée Scheffer,
L-2520 Luxembourg (Grand-Duché de Luxembourg).
Dûment représenté par Mr. Régis Galiotto, employé privé, demeurant professionnellement au 101, rue Cents, L-1319
Luxembourg, en vertu d’une procuration sous seing privé,
- M. Kreemer Pierre, né le 11 avril 1970, à Liège, Belgique, ayant pour adresse professionnelle le 9 Allée Scheffer,
L-2520 Luxembourg (Grand-Duché de Luxembourg).
Dûment représenté par Mr. Régis Galiotto, employé privé, demeurant professionnellement au 101, rue Cents, L-1319
Luxembourg, en vertu d’une procuration sous seing privé,
- M. Labbé Sébastien, né le 26 juin 1973, à Saint-Mard, Belgique, ayant pour adresse professionnelle le 9 Allée Scheffer,
L-2520 Luxembourg (Grand-Duché de Luxembourg).
Dûment représenté par Mr. Régis Galiotto, employé privé, demeurant professionnellement au 101, rue Cents, L-1319
Luxembourg, en vertu d’une procuration sous seing privé,
- M. Laurès Gérard, né le 15 Mars 1970, à Luxembourg, ayant pour adresse professionnelle le 9 Allée Scheffer, L-2520
Luxembourg (Grand-Duché de Luxembourg).
Dûment représenté par Mr. Régis Galiotto, employé privé, demeurant professionnellement au 101, rue Cents, L-1319
Luxembourg, en vertu d’une procuration sous seing privé,
- M. Léonardi Fabrice, né le 11 Mai 1970, à Paris, France, ayant pour adresse professionnelle le 9 Allée Scheffer, L-2520
Luxembourg (Grand-Duché de Luxembourg).
Dûment représenté par Mr. Régis Galiotto, employé privé, demeurant professionnellement au 101, rue Cents, L-1319
Luxembourg, en vertu d’une procuration sous seing privé,
- M. Meyer Philippe, né le 2 avril 1967, à Saint-Avold, France, ayant pour adresse professionnelle le 9 Allée Scheffer,
L-2520 Luxembourg (Grand-Duché de Luxembourg).
Dûment représenté par Mr. Régis Galiotto, employé privé, demeurant professionnellement au 101, rue Cents, L-1319
Luxembourg, en vertu d’une procuration sous seing privé,
- M. Neefs Philippe, né le 2 décembre 1968, à Ixelles, Belgique, ayant pour adresse professionnelle le 9 Allée Scheffer,
L-2520 Luxembourg (Grand-Duché de Luxembourg).
Dûment représenté par Mr. Régis Galiotto, employé privé, demeurant professionnellement au 101, rue Cents, L-1319
Luxembourg, en vertu d’une procuration sous seing privé,
- M. Picquet Alain, né le 25 juin 1961, à Waremme, Belgique, ayant pour adresse professionnelle le 9 Allée Scheffer,
L-2520 Luxembourg (Grand-Duché de Luxembourg).
Dûment représenté par Mr. Régis Galiotto, employé privé, demeurant professionnellement au 101, rue Cents, L-1319
Luxembourg, en vertu d’une procuration sous seing privé,
- M. Ravasio Thierry, né le 27 janvier 1972 à Nancy, France, ayant pour adresse professionnelle le 9 Allée Scheffer,
L-2520 Luxembourg (Grand-Duché de Luxembourg).
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Dûment représenté par Mr. Régis Galiotto, employé privé, demeurant professionnellement au 101, rue Cents, L-1319
Luxembourg, en vertu d’une procuration sous seing privé,
- M. Thomas Louis, né le 5 octobre 1963, à Verviers, Belgique, ayant pour adresse professionnelle le 9 Allée Scheffer,
L-2520 Luxembourg (Grand-Duché de Luxembourg).
Dûment représenté par Mr. Régis Galiotto, employé privé, demeurant professionnellement au 101, rue Cents, L-1319
Luxembourg, en vertu d’une procuration sous seing privé,
- M. Chan Yin Li How Foong Victor, né le 14 septembre 1965, à Quatre Bornes, Ile Maurice, ayant pour adresse
professionnelle le 9 Allée Scheffer, L-2520 Luxembourg (Grand Duché du Luxembourg).
Dûment représenté par Mr. Régis Galiotto, employé privé, demeurant professionnellement au 101, rue Cents, L-1319
Luxembourg, en vertu d’une procuration sous seing privé,
- Mme Schreiner Petra, née le 23 janvier 1969, à Rheinhausen, Allemagne, ayant pour adresse professionnelle le 9 Allée
Scheffer, L-2520 Luxembourg (Grand-Duché de Luxembourg).
Dûment représentée par Mr. Régis Galiotto, employé privé, demeurant professionnellement au 101, rue Cents, L-1319
Luxembourg, en vertu d’une procuration sous seing privé,
tous ensemble les «Associés»;
- KPMG Luxembourg Sàrl, ayant son siège social au 9, allée Scheffer, L-2520 Luxembourg (Grand Duché du Luxem-
bourg), immatriculée auprès du Registre de Commerce et des Sociétés sous le numéro B 149133.
Référencé en tant que «Nouvel Associé») et dûment représenté par Mr. Régis Galiotto, employé privé, demeurant
professionnellement au 101, rue Cents, L-1319 Luxembourg, en vertu d’une procuration sous seing privé,
Lesdites procurations, signées «ne varietur» par le mandataire des parties comparantes et le notaire instrumentant,
resteront annexées au présent acte pour être formalisées avec lui.
Ceci étant déclaré, les Associés et le Nouvel Associé, détenant 100% du capital social de FK Holding 1 S.à r.l., avec
siège social à L-2520 Luxembourg, 9, Allée Scheffer, immatriculée auprès du Registre de Commerce et des Sociétés sous
le numéro B 162.539, constituée le 12 juillet 2011, selon l’acte de Me Hellinckx, notaire de résidence à Luxembourg, acte
publié au Mémorial C du 8 octobre 2011, numéro 2417, page 116.000 (la «Société»), ont immédiatement procédé à la
tenue d’une assemblée générale extraordinaire et ont demandé au notaire d’acter que.
L'ordre du jour de la présente réunion est le suivant:
<i>Ordre du jouri>
1 Admission de KPMG Luxembourg Sàrl, ayant son siège social au 9, allée Scheffer, L-2520 Luxembourg (Grand-Duché
de Luxembourg), immatriculée auprès du Registre de Commerce et des Sociétés sous le numéro B 149133 en tant que
nouvel associé (le «Nouvel Associé») de la Société conformément aux dispositions de l’article 189 de la Loi Commerciale.
2 Ratification du transfert de 10.000 parts sociales détenues par M. Li How Cheong John dans le capital social de la
Société au Nouvel Associé pour un montant de EUR 10.000 (dix mille Euros);
3 Ratification du transfert de 5.000 parts sociales détenues par M. Robertson Dennis dans le capital social de la Société
au Nouvel Associé pour un montant de EUR 5.000 (cinq mille Euros);
4 Ratification du transfert de 10.000 parts sociales détenues par M. Reiser Jean-Marie dans le capital social de la Société
au Nouvel Associé pour un montant de EUR 10.000 (dix mille Euros);
5 Ratification du transfert de 1.000 parts sociales détenues par Mme. Lhote Laurence le capital social de la Société au
Nouvel Associé pour un montant de EUR 1.000 (mille Euros);
6 Ratification du transfert de 2.500 parts sociales détenues par M. Collard Eric dans le capital social de la Société au
Nouvel Associé pour un montant de EUR 2.500 (deux mille cinq cents Euros);
7 Augmentation du capital social de la Société d'un montant de EUR 1.326.000.- (un million trois cent vingt six mille
Euros) pour le porter de son montant actuel de EUR 159.000.-(cent cinquante neuf mille Euros) à un montant de EUR
1.485.000.- (un million quatre cent quatre vingt cinq mille Euros) par l’émission de 1.326.000 (un million trois cent vingt
six mille) parts sociales d’une valeur nominale de EUR 1.-(un Euro) chacune (les «Nouvelles Parts Sociales»);
8 Souscription des Nouvelles Parts Sociales par les Associés et par le Nouvel Associé et complet paiement des Nou-
velles Parts Sociales par un apport en numéraire;
9 Modification de l’article 7 des statuts de la Société pour refléter l’augmentation du capital social de la Société
10 Refonte des statuts sans changement de l’objet social;
11 Nomination de nouveaux gérants et modification de la période du mandat; et
12 Divers.
Après l’approbation ce qui précède, l’assemblée a voté les résolutions suivantes:
<i>Première résolutioni>
Les Associés DECIDENT unanimement l’admission du Nouvel Associé, comme nouvel associé de la Société confor-
mément aux dispositions de l’article 189 de la Loi Commerciale.
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<i>Deuxième résolutioni>
Les Associés RATIFIENT unanimement le transfert de 10.000 parts sociales détenues par M. Li How Cheong John
dans le capital social de la Société au Nouvel Associé pour un montant de EUR 10.000 (dix mille Euro).
<i>Troisième résolutioni>
Les Associés RATIFIENT unanimement le transfert de 5.000 parts sociales détenues par M. Robertson Dennis dans le
capital social de la Société au Nouvel Associé pour un montant de EUR 5.000 (cinq mille Euros).
<i>Quatrième résolutioni>
Les Associés RATIFIENT unanimement le transfert de 10.000 parts sociales détenues par M. Reiser Jean-Marie dans
le capital social de la Société au Nouvel Associé pour un montant de EUR 10.000 (dix mille Euros).
<i>Cinquième résolutioni>
Les Associés RATIFIENT unanimement le transfert de 1.000 parts sociales détenues par Mme. Lhote Laurence dans
le capital social de la Société au Nouvel Associé pour un montant de EUR 1.000 (mille Euros).
<i>Sixième résolutioni>
Les Associés RATIFIENT unanimement le transfert de 2.500 parts sociales détenues par M. Collard Eric dans le capital
social de la Société au Nouvel Associé pour un montant de EUR 2.500 (deux mille cinq cents Euros).
<i>Septième résolutioni>
Les Associés et le Nouvel Associé APPROUVENT unanimement l’augmentation du capital social de la Société pour
un montant de EUR 1,326,000.- (un million trois cent vingt six mille Euros) pour le porter de son montant actuel de EUR
159.000.-(cent cinquante neuf mille Euros) à un montant de EUR 1,485,000.(un million quatre cent quatre vingt cinq mille
Euros) par l’émission de 1,326,000 (un million trois cent vingt six mille) Nouvelles Parts Sociales.
<i>Huitième résolutioni>
Les Associés et le Nouvel Associé DECIDENT unanimement d’émettre 1,326,000 (un million trois cent vingt six mille )
Nouvelles Parts Sociales ayant une valeur nominale de EUR 1.- (un Euro) chacune augmentés d’une prime d’émission
totale de EUR 13,365,000 (treize millions trois cent soixante cinq mille Euros).
<i>Souscription – Libérationi>
Les Associés ont renoncés partiellement à leur droit de souscription préférentiel pour les Nouvelles Parts Sociales
souscrites par le Nouvel Associé.
Sont alors intervenus, les Associés et le Nouvel Associé, dûment représentés par Mr. Régis Galiotto, employé privé,
demeurant professionnellement au 101, rue Cents, L-1319 Luxembourg (Grand-Duché de Luxembourg), en vertu des
procurations données sous seing privé par les commanditaires, DECLARENT avoir souscrit les Nouvelles Parts Sociales
et avoir totalement payé ces Nouvelles Parts Sociales par un apport en numéraire comme-ci mentionné ci-après, de sorte
que le montant EUR 14,691,000 (quatorze millions six cent quatre-vingt onze mille Euros) est dès maintenant à la dispo-
sition de la Société, preuve de ceci a été donnée au notaire instrumentant, par un certificat bancaire.
Associés
Capital
Social
(EUR)
Nombre de
parts
Sociales
Apport
versé (EUR)
Mme Macleod Alison, Prénommée; . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
45,000.-
45,000.-
495,000.-
M. Wies Patrick, Prénommé; . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
54,000.-
54,000
594,000.-
M. Beegun Ravi Kumar, Prénommé; . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
36,000.-
36,000
396,000.-
M. Bock Georges, Prénommé . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
90,000.-
90,000
990,000.-
M. Chambourdon Stanislas, Prénommé . . . . . . . . . . . . . . . . . . . . . . . . . . . .
52,000.-
52,000
52,000.-
M. Courtois Yves, Prénommé . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
9,000.-
9,000
99,000.-
Mme Dogniez Nathalie, Prénommée . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
65,000.-
65,000
740,000.-
M. Dollé Emmanuel, Prénommé . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
90, 000.-
90,000
990,000.-
M. Heymans Vincent, Prénommé . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
44,000.-
44,000
494,000.-
M. Hofmann Michael, Prénommé . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
63,000.-
63,000
693,000.-
M. Köller Vincent, Prénommé . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
37,000.-
37,000
397,000.-
M. Kreemer Pierre, Prénommé . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
54,000.-
54,000
594,000.-
M. Labbé Sébastien, Prénommé . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
45,000.-
45,000
495,000.-
M. Laures Gérard, Prénommé . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
22,500.-
22,500
247, 500.-
M. Leonardi Fabrice, Prénommé . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
45,000.-
45,000
495,000.-
M. Meyer Philippe, Prénommé . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
90,000.-
90,000
990,000.-
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M. Neefs Philippe, Prénommé . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
27,000.-
27,000
297,000.-
M. Picquet Alain, Prénommé . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
90,000.-
90,000
990,000.-
M. Ravasio Thierry, Prénommé . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
45,000.-
45,000
495,000.-
M. Thomas Louis, Prénommé . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
65,000.-
65,000
740,000.-
M. Chan Yin Li How Foong Victor, Prénommé . . . . . . . . . . . . . . . . . . . . . .
27,000.-
27,000
297,000.-
Mme Schreiner Petra, Prénommé . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
9,000.-
9,000
99,000.-
KPMG Luxembourg Sàrl . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
221,500.-
221,500.-
2,471,500.-
Total: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1,326,000
1,326,000 14,691,000.-
<i>Neuvième résolutioni>
En conséquence des déclarations et des résolutions qui précèdent, l’apport ayant été accompli, les Associés et le
Nouvel Associé DECIDENT unanimement de modifier l’article 7 des statuts de la Société comme suit:
7. «Le capital émis de la Société est fixé à EUR 1.485.000.-(un million quatre cent quatre vingt cinq mille Euros) divisé
en 1.485.000.- (un million quatre cent quatre vingt cinq mille) parts sociales d'une valeur nominale de un Euro (1.EUR)
chacune, celles-ci étant entièrement libérées.»
<i>Dixième résolutioni>
Les Associés et le Nouvel Associé DECIDENT la refonte complète des statuts sans changement de l’objet social comme
suit:
« Art. 1
er
. Forme. Il est formé par les présentes une société à responsabilité limitée (la «Société»), régie par les lois
du Grand-duché de Luxembourg, notamment par la loi du 10 août 1915 concernant les sociétés commerciales, telle que
modifiée (la «Loi de 1915»), par l'article 1832 du Code Civil ainsi que par les présents statuts (les «Statuts»).
La Société peut, à tout instant, comporter un ou plusieurs associés, dans la limite de quarante (40) associés, par suite
notamment, de cession de parts sociales ou d'émission de parts sociales nouvelles.
Art. 2. Associés. Seules les personnes suivantes peuvent devenir associés de la Société:
(i) salaried partner et equity partner de KPMG Luxembourg, une société à responsabilité limitée, ayant son siège social
au 9, allée Scheffer, L-2520 Luxembourg, inscrite au Registre du Commerce et des Sociétés de Luxembourg sous le
numéro B 149 133;
(ii) KPMG Luxembourg;
(iii) la succession, les bénéficiaires ou le représentant légal d’un associé (partner) de KPMG Luxembourg (décédé ou
vivant);
(iv) un associé (partner) retraité de KPMG Luxembourg;
(v) toute autre personne morale ou physique qui ne répond pas aux critères d’une des catégories ci-dessus, qui est
recommandée par le Conseil et acceptée par les associés de la Société.
Art. 3. Objet. La Société a pour objet l'acquisition et la détention de participations dans toutes entreprises luxem-
bourgeoises ou étrangères, ainsi que l'administration, la gestion et la mise en valeur de ces participations.
La Société peut accorder toute assistance financière à des sociétés qui font partie du même groupe de sociétés que
la Société, y compris des prêts, garanties ou sûretés sous quelque forme que ce soit.
La Société peut également employer ses fonds pour investir dans l'immobilier et, à condition qu'un tel investissement
soit accessoire ou connexe à l'acquisition, la détention, l'administration, le développement et la gestion d'une société qui
fait partie du même groupe de sociétés que la Société, la Société peut investir dans des droits de propriété intellectuelle
ou dans tout autre actif mobilier ou immobilier sous quelque forme que ce soit.
La Société peut emprunter sous toutes formes et procéder à l'émission privée d'obligations ou d'instruments de dette
similaires.
D'une manière générale, la Société peut effectuer toutes opérations commerciales, industrielles ou financières, qu'elle
jugera utiles à l'accomplissement et au développement de son objet social.
Art. 4. Dénomination. La Société prend la dénomination de "FK Holding 1 S.à r.l.".
Art. 5. Durée. La Société est établie pour une durée illimitée.
Art. 6. Siège social. Le siège social est établi dans la commune de Luxembourg (Grand-duché de Luxembourg).
Il peut être transféré en toute autre localité du Grand-duché de Luxembourg en vertu d'une décision de l'assemblée
des associés.
Le gérant ou, le cas échéant, le Conseil, comme défini à l'Article 12, peut pareillement établir des succursales et des
filiales aussi bien au Grand-Duché de Luxembourg qu'à l'étranger.
Au cas où le gérant ou, le cas échéant, le Conseil estimerait que des événements extraordinaires d'ordre politique,
économique ou social de nature à compromettre l'activité normale de la Société à son siège social, ou la communication
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aisée avec ce siège ou de ce siège avec l'étranger se sont produits ou sont imminents, il pourra transférer provisoirement
le siège social à l'étranger jusqu'à cessation complète de ces circonstances anormales; cette mesure provisoire n'aura
toutefois aucun effet sur la nationalité de la Société laquelle, nonobstant ce transfert provisoire du siège restera luxem-
bourgeoise. Pareille mesure provisoire sera prise et portée à la connaissance des tiers par le gérant ou, le cas échéant,
le Conseil de la Société.
Art. 7. Capital. Le capital émis de la Société est fixé à un million quatre cent quatre vingt-cinq mille euros (EUR
1.485.000,-) divisé en un million quatre cent quatre vingt-cinq mille (1.485.000) parts sociales d'une valeur nominale de
un (1) euro chacune, celles-ci étant entièrement libérées.
Art. 8. Modification du capital. Le capital social pourra à tout moment être modifié, moyennant une résolution de
l'associé unique ou de l'assemblée générale des associés, selon le cas.
La Société peut racheter ses propres parts sociales.
Art. 9. Droits et Obligations attachés aux parts sociales. Chaque part sociale confère à son propriétaire un droit égal
dans les bénéfices de la Société et dans tout l'actif social et à une voix à l'assemblée générale des associés.
Si la Société comporte un associé unique, celui-ci exerce tous les pouvoirs qui sont dévolus par la Loi de 1915 et les
Statuts à la collectivité des associés.
La propriété d'une part sociale emporte de plein droit adhésion aux Statuts et aux décisions de l'associé unique ou de
la collectivité des associés, selon le cas.
Les créanciers ou ayants-droit de l'associé unique ou de l'un des associés ne peuvent, sous quelque prétexte que ce
soit, requérir l'apposition des scellés sur les biens et documents de la Société, ni faire procéder à aucun inventaire judiciaire
des actifs sociaux; ils doivent, pour l'exercice de leurs droits, s'en rapporter aux inventaires sociaux et aux décisions de
l'associé unique ou de l'assemblée générale des associés, selon le cas.
Art. 10. Indivisibilité des parts sociales. Chaque part est indivisible à l'égard de la Société.
Les propriétaires indivis de parts sociales sont tenus de se faire représenter auprès de la Société par un mandataire
commun choisi parmi eux ou en dehors d'eux.
Art. 11. Cession de parts. Les parts sociales de la Société sont librement cessibles conformément aux dispositions de
la Loi de 1915 et à tout pacte d’associés relatif à la Société qui serait conclu entre les associés au fil du temps.
Toute cession de parts sociales sera interdite durant les cinq (5) années suivant l’acquisition du terrain par FK Property
S.à r.l., une société à responsabilité limitée, ayant son siège social au 9, allée Scheffer, L-2520 Luxembourg, sauf exceptions
qui seraient prévues par les dispositions de tout pacte d’associés relatif à la Société qui serait conclu entre les associés
au fil du temps.
La Société ne devra accepter d’inscrire un transfert d’actions dans le registre des parts sociales de la Société que dans
la mesure où:
a) le transfert est fait en conformité avec les dispositions des présents statuts et de tout pacte d’actionnaires relatif à
la Société qui pourrait être conclu au fil du temps;
b) le cessionnaire des actions est devenu partie à tout pacte d’actionnaires relatif à la Société qui pourrait être conclu
au fil du temps avant l’inscription du transfert dans le registre des actions nominatives de la Société.
La Société pourra racheter ses parts sociales, à tout moment, et cela prioritairement à quiconque, dans les circons-
tances suivantes:
(a) fin du contrat de travail de l’associé, départ de l’associé de l’association de KPMG Luxembourg afin de poursuivre
d’autres activités professionnelles dans des sociétés concurrentes, ou suite à un contentieux d’ordre privé ou public entre
l’associé et KPMG Luxembourg;
(b) divorce ou procédure similaire, sauf si l’associé est déjà marié sous un régime marital qui sépare ses biens propres
de ceux de son époux et de la communauté conjugale;
Dans les cas décrits ci-dessus, les parts sociales détenues par l’associé concerné seront, à la discrétion de la Société,
rachetées par la Société endéans une période de dix-huit (18) mois à partir des circonstances en questions.
Le prix de rachat des parts sociales sera calculé sur la base de:
(a) l’évaluation de la propriété faite par FK Property S.à r.l., au 31 décembre de chaque année, étant entendu que cette
évaluation comprendra:
- une approche par modèle des flux de trésorerie avec décote;
- une étude comparative des intérêts des loyers du marché;
- une évaluation comparative d’immeubles basée sur les charges au mètre carré;
- la dette bancaire au 31 décembre appliquant des décotes comparables;
(b) moins les coûts de maintenance et de structure de la société de participation financière FK Holding 3 S.A.
Art. 12. Incapacité, Faillite ou Déconfiture d'un associé. L'interdiction, la faillite ou la déconfiture ou tout autre évé-
nement similaire de l'associé unique ou l'un des associés n'entraîne pas la dissolution de la Société.
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Art. 13. Gérance de la Société. La Société est gérée par quatre (4) gérants, associés ou non.
Ils sont élus, pour un mandat de trois (3) ans, et révoqués par une simple décision prise par l'associé unique ou le cas
échéant par une décision prise à la majorité par l’assemblée générale des associés, laquelle détermine leurs pouvoirs et
la durée de leur mandat. Si aucun terme n'est indiqué, les Gérants sont élus pour une durée indéterminée.
Les gérants pourront être réélus, sans durée maximum, et leur nomination pourra être révoquée avec ou sans raison
(ad nutum) à tout moment.
Au cas où il y aurait plus d'un gérant, les gérants constituent un conseil de gérance (le «Conseil»).
Tout gérant peut participer à une réunion du Conseil par conférence téléphonique ou par d'autres moyens de com-
munication similaires permettant à toutes les personnes prenant part à cette réunion de s'entendre les unes les autres
et de communiquer les unes avec les autres. Une réunion du Conseil pourra être tenue uniquement par l’intermédiaire
d'une conférence téléphonique. La participation ou la tenue d'une réunion par ces moyens équivaut à une participation
physique à une telle réunion ou à la tenue d'une réunion en personne.
Les gérants peuvent être représentés aux réunions du Conseil par un autre gérant, sans limitation quant au nombre
de procurations qu'un gérant peut accepter et voter, étant entendu qu'au moins deux gérants soient présents en personne
ou par conférence téléphonique.
Une convocation écrite à toute réunion du Conseil devra être donnée aux gérants au moins vingt-quatre (24) heures
à l'avance quant à la date fixée pour la réunion, sauf en cas d'urgence, auquel cas la nature et les raisons de l'urgence
devront être mentionnées dans la convocation.
La convocation pourra être omise en cas d'accord de chaque gérant donné par écrit, par câble, télégramme, télex, e-
mail ou télécopie ou par tout autre moyen de communication similaire. Une convocation spéciale ne sera pas nécessaire
pour la réunion d'un conseil qui se tiendra à l’heure et au lieu déterminés dans une résolution adoptée préalablement par
le Conseil.
L'associé unique ou le cas échéant l'assemblée générale des associés pourra décider de nommer des gérants de deux
classes différentes, les gérants de classe A et les gérants de classe B. Une telle classification de gérants devra être dûment
enregistrée avec le procès-verbal de l'assemblée concernée et les gérants devront être identifiés en ce qui concerne la
classe à laquelle ils appartiennent.
Le Conseil ne peut agir ou délibérer validement que si une majorité des gérants en fonction sont présents ou repré-
sentés.
Les décisions du Conseil, sujettes aux dispositions de tout pacte d’associé ou term sheet relatif à la Société qui serait
conclu entre les associés au fil du temps, sont valablement prises par un vote favorable pris à la majorité des deux-tiers
des gérants de la Société (y inclus par voie de représentation). Cependant, au cas où l'associé unique ou l'assemblée
générale des associés aurait nommé différentes classes de gérants (à savoir des gérants de classe A et des gérants de
classe B), toute résolution du Conseil ne pourra être valablement prise que si elle est approuvée par la majorité des
gérants, y inclus au moins un gérant de classe A et un gérant de classe B.
Cependant, les décisions listées ci-dessous seront seulement prises par le Conseil après leurs approbations préalables
par une majorité d’associés en assemblée générale des associés représentant au moins les trois quarts du capital social:
(i) la vente de la propriété / vente de FK Property S.à r.l. / vente de FK Holding 3 S.A.;
(ii) rénovations ou dépenses financièrement significatives qui ne sont pas budgétisées;
(iii) tout type d’emprunt;
(iv) tout rachat ou annulation de parts sociales;
(v) toute décision qui devrait être considérée comme significative et devrait être portée à l’attention des associés. Les
procès-verbaux des réunions du Conseil devront être signés par le président qui présidait la réunion concernée ou deux
gérants présents à cette réunion.
Le Conseil pourra également, à l'unanimité, prendre des résolutions sur un ou plusieurs documents similaires par voie
de circulaires exprimant son approbation par écrit, par câble ou télécopie ou tout autre moyen de communication simi-
laire. L'intégralité formera les documents circulaires prouvant une fois dûment signés l'existence de la résolution. Les
résolutions des gérants, y inclus les résolutions circulaires, pourront être certifiées ou un extrait pourra être émis sous
la signature individuelle de tout gérant.
Art. 14. Evénements affectant les gérants. Le décès, l'incapacité, la faillite, la déconfiture ou tout autre événement
similaire affectant le gérant, de même que sa démission ou sa révocation pour quelque motif que ce soit, n'entraînent pas
la dissolution de la Société.
Les créanciers, héritiers et ayants-cause d'un gérant ne peuvent en aucun cas faire apposer les scellés sur les biens et
documents de la Société.
Art. 15. Responsabilité des gérants. Aucun gérant ne contracte, à raison de ses fonctions, aucune obligation personnelle
relativement aux engagements pris par lui pour le compte de la Société. Il n'est responsable que de l'exécution de son
mandat.
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Art. 16. Représentation de la Société. La Société sera engagée par la signature individuelle en cas de gérant unique, et
en cas d'un Conseil, par la signature conjointe de deux gérants, étant entendu cependant que si l'associé unique ou
l'assemblée générale des associés a nommé différentes classes de Gérants (à savoir les gérants de classe A et les gérants
de classe B), la Société ne sera valablement engagée que par la signature conjointe d'un gérant de classe A et d'un gérant
de classe B (y inclus par voie de représentation).
Dans tous les cas, la Société sera valablement engagée par la seule signature de toute(s) personne(s) à qui des pouvoirs
de signature ont été délégués par un des gérants ou, en cas de classes de gérants, par un gérant de classe A et un gérant
de classe B, agissant ensemble (y inclus par voie de représentation).
Art. 17. Assemblée générale des associés. Lorsque la Société est composée de plusieurs associés, les décisions col-
lectives sont prises lors d'une assemblée générale des associés ou par vote écrit sur le texte des résolutions à adopter,
lequel sera envoyé par la gérance aux associés par lettre recommandée.
Dans ce dernier cas, les associés ont l'obligation d'émettre leur vote par écrit et de l'envoyer à la Société, dans un
délai de quinze (15) jours suivant la réception du texte de la résolution proposée.
Une assemblée générale annuelle des associés se réunira une fois par an pour l'approbation des comptes annuels, elle
se tiendra dans les six (6) mois de la clôture de l'exercice social au siège social de la Société ou en tout autre lieu à spécifier
dans la convocation de cette l'assemblée.
Art. 18. Décisions des associés. Les décisions collectives ne sont valablement prises pour autant que les associés
possédant plus que la moitié du capital les adoptent. Cependant, les décisions ayant pour objet une modification des
Statuts ne peuvent être adoptées qu'à la majorité (en nombre) des associés possédant au moins les trois quarts des parts
sociales de la Société, sauf dispositions contraires de la Loi de 1915. Le changement de la nationalité de la Société requiert
l'unanimité.
Si tous les associés sont présents ou représentés lors d'une assemblée des associés, et s'ils déclarent connaître l'ordre
du jour, l'assemblée pourra se tenir sans avis de convocation ni publication préalables.
Les décisions de l'associé unique ou de l'assemblée générale des associés, seront établies par écrit et consignées dans
un registre tenu par la gérance au siège social de la Société.
Les pièces constatant les votes des associés ainsi que les procurations seront annexées aux décisions écrites.
Art. 19. Année sociale. L'exercice social commence le premier janvier de chaque année et finit le trente et un décembre
de la même année.
Art. 20. Comptes annuels. Chaque année, à la fin de l'exercice social, les comptes annuels de la Société sont établis
par le gérant ou, le cas échéant, par le Conseil et le gérant ou, le cas échéant, le Conseil dresse un inventaire général
comprenant l'indication de la valeur des actifs et passifs de la Société.
Chaque associé ou son mandataire muni d'une procuration écrite peut prendre connaissance desdits inventaires et
bilans au siège social de la Société.
Art. 21. Répartition des bénéfices. Les produits de la Société, constatés par l'inventaire annuel, déduction faite des
frais généraux, amortissements et provisions, constitue le bénéfice net de l'exercice social.
Sur le bénéfice net il est prélevé cinq pour cent (5%) pour la constitution d'une réserve légale; ce prélèvement cesse
d'être obligatoire lorsque la réserve a atteint dix pour cent (10%) du capital social.
Le surplus recevra l'affectation que lui donnera l'associé unique ou l'assemblée générale des associés, selon le cas.
Nonobstant les dispositions précédentes, le gérant ou, le cas échéant, le Conseil peut décider de payer à l'associé
unique ou, le cas échéant, aux associés des acomptes sur dividendes en cours d'exercice social sur base d'un état comptable
duquel il devra ressortir que des fonds suffisants sont disponibles pour la distribution, étant entendu que (i) le montant
à distribuer ne peut pas excéder le montant des bénéfices réalisés depuis le dernier exercice social, augmenté des bénéfices
reportés et des réserves distribuables mais diminué des pertes reportées et des sommes à porter en réserve en vertu
de la Loi de 1915 ou des Statuts et que (ii) de telles sommes distribuées qui ne correspondent pas aux bénéfices effec-
tivement réalisés seront remboursées par l'associé unique ou, le cas échéant, par les associés.
Art. 22. Dissolution, Liquidation. La Société ne sera pas dissoute par suite du décès, de la suspension des droits civils,
de l'insolvabilité ou de la faillite d'un des associés.
La liquidation de la Société sera décidée par l'associé unique ou, le cas échéant, par l'assemblée des associés en con-
formité avec les dispositions légales applicables.
Lors de la dissolution de la Société, la liquidation sera faite par un ou plusieurs liquidateurs, associés ou non, nommés
selon le cas par l'associé unique ou par l'assemblée générale des associés qui fixeront leurs pouvoirs et leurs émoluments.
Art. 23. Disposition générale. Toutes les matières qui ne seraient pas régies par les présents Statuts seraient régies
conformément à la Loi de 1915.»
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<i>Onzième résolutioni>
Les Associés et le Nouvel Associé DECIDENT de nommer les gérants pour une période de trois (3) ans. Pour les
gérants déjà nommés, la période commence ce jour.
Les Associés et le Nouvel Associé DECIDENT de nommer les personnes suivantes comme gérants:
- Mr. Pierre Kreemer, né le 11 Avril 1970 à Liège, Belgique, ayant pour adresse professionnelle le 9, Allée Scheffer,
L-2520 Luxembourg, Grand Duché du Luxembourg; et
- Mr. Thomas Feld, né le 25 décembre 1961 à Landsweiler, Allemagne, ayant pour adresse professionnelle le 9, Allée
Scheffer, L-2520 Luxembourg, Grand Duché du Luxembourg.
<i>Estimation des fraisi>
Le montant des frais, dépenses, rémunérations ou charges, sous quelque forme que ce soit qui incombent à la Société
ou qui sont mis à sa charge en raison de l'augmentation de son capital au droit fixe d'enregistrement, s'élève à environ
cinq mille cinq cents Euros (5.500.- euros).
Plus rien n'étant à l'ordre du jour et aucune demande supplémentaire de discussion n’ayant lieu, le président lève la
séance.
Le notaire soussigné qui comprend et parle la langue anglaise constate que sur demande du comparant le présent acte
est rédigé en langue anglaise suivi d'une version française; Sur demande du même comparant et en cas de divergences
entre le texte anglais et le texte français, le texte anglais fera foi.
Dont Acte, passé à Luxembourg, à la date qu'en tête des présentes.
Le document ayant été lu et traduit en un langage connu des comparants, tous connus du notaire par leur prénoms,
noms, état civil et domicile, lesdits comparants par leur mandataire, ont tous signé avec Nous, notaire, le présent acte
en original.
Signé: R. GALIOTTO et H. HELLINCKX
Enregistré à Luxembourg A.C., le 17 janvier 2012. Relation: LAC/2012/2592. Reçu soixante-quinze euros (75,- EUR).
<i>Le Receveuri> (signé): I. THILL.
POUR EXPEDITION CONFORME, délivrée à la société sur demande, aux fins de la publication au Mémorial, Recueil
des Sociétés et Associations.
Luxembourg, le 13 février 2012.
Référence de publication: 2012024891/882.
(120032474) Déposé au registre de commerce et des sociétés de Luxembourg, le 24 février 2012.
3F Fund, Société d'Investissement à Capital Variable.
Siège social: L-2453 Luxembourg, 12, rue Eugène Ruppert.
R.C.S. Luxembourg B 154.994.
Les comptes annuels au 30 septembre 2011 ont été déposés au registre de commerce et des sociétés de Luxembourg.
Pour mention aux fins de la publication au Mémorial, Recueil des Sociétés et Associations.
Luxembourg, le 31 janvier 2012.
<i>Pour 3F FUND
i>Banque Degroof Luxembourg S.A.
<i>Agent Domiciliataire
i>Valérie GLANE / Corinne ALEXANDRE
<i>Fondé de Pouvoir / -i>
Référence de publication: 2012027863/15.
(120036200) Déposé au registre de commerce et des sociétés de Luxembourg, le 2 mars 2012.
Aquido S.A., Société Anonyme.
Siège social: L-1911 Luxembourg, 9, rue du Laboratoire.
R.C.S. Luxembourg B 136.643.
Im Jahre zwei tausend zwölf.
Den siebzehnten Februar.
Vor dem unterzeichneten Henri BECK, Notar mit dem Amtssitze in Echternach (Grossherzogtum Luxemburg).
Versammelten sich in einer ausserordentlichen Generalversammlung die Aktionäre, beziehungsweise deren Vertreter,
der Aktiengesellschaft AQUIDO S.A., mit Sitz in L-5365 Münsbach, 2, rue Gabriel Lippmann, eingetragen beim Handels-
und Gesellschaftsregister Luxemburg unter der Nummer B 136.643 (NIN 2008 2203 401),
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gegründet gemäss Urkunde, aufgenommen durch Notar Paul Bettingen, mit Amtssitz in Niederanven, am 13. Februar
2008, veröffentlicht im Mémorial C Recueil des Sociétés et Associations Nummer 765 vom 29. März 2008.
Das Gesellschaftskapital beläuft sich auf einunddreissig tausend Euro (€ 31.000,-) und ist eingeteilt in eintausend (1.000)
Aktien mit einem Nennwert von je einunddreissig Euro (€ 31,-).
Den Vorsitz der Versammlung führt Herr Carlo LETTAL, mit Berufsadresse in L-1653 Luxemburg, 2, Avenue Charles
de Gaulle.
Sie beruft zum Schriftführer und zum Stimmzähler Herrn Alex KAISER, mit Berufsadresse in L-1653 Luxemburg, 2,
Avenue Charles de Gaulle.
Die Vorsitzende stellt gemeinsam mit den Versammlungsmitgliedern fest:
I.- Gegenwärtigem Protokoll liegt ein Verzeichnis der Aktien und der Gesellschafter bei; welche Liste von den Ge-
sellschaftern, beziehungsweise deren Vertretern, sowie den Mitgliedern der Versammlung und dem amtierenden Notar
unterzeichnet ist.
II.- Da sämtliche Aktien der Gesellschaft durch die Gesellschafter oder deren Beauftragte vertreten sind, waren Ein-
berufungsschreiben hinfällig; somit ist gegenwärtige Versammlung rechtsgültig zusammengetreten.
III.- Die Tagesordnung der Generalversammlung begreift folgende Punkte:
1.- Sitzverlegung von L-5365 Münsbach, 2, rue Gabriel Lippmann, nach L-1911 Luxemburg, 9, rue du Laboratoire.
2.- Abänderung des ersten Absatzes von Artikel 2 der Statuten um ihm folgenden Wortlaut zu geben:
Art. 2. (Absatz 1). Der Sitz der Gesellschaft befindet sich in Luxemburg-Stadt.
IV.- Dass die Anwesenden oder Vertretenen Aktionäre sowie die Anzahl der Aktien die diese besitzen aus der An-
wesenheitsliste hervorgehen, die von den Mitgliedern des Vorsitzes der Generalversammlung aufgestellt und für Richtig
befunden wurde. Diese Liste wird, nachdem sie von den anwesenden Aktionären oder deren Vertretern und den Mit-
gliedern des Vorsitzes unterschrieben wurde, dem gegenwärtigen Protokoll beigefügt um zusammen einregistriert zu
werden.
V.- Es ergibt sich aus der Anwesenheitsliste, dass die eintausend (1.000) Aktien welche das gesamte Kapital darstellen,
bei der gegenwärtigen Generalversammlung anwesend oder vertreten sind. Diese Generalversammlung ist somit recht-
mässig zusammengesetzt und kann in gültiger Weise über die vorhergehenden Tagesordnungspunkte beraten und
beschliessen.
Die Generalversammlung hat nachdem sie den Vortrag des Vorsitzenden bestätigt hat und anerkannt hat, dass sie
rechtmässig zusammengetreten ist, und über die Tagesordnung befinden kann, nach Beratung einstimmig folgende Bes-
chlüsse gefasst:
<i>Erster Beschlussi>
Die Generalversammlung beschliesst den Sitz der Gesellschaft von L-5365 Münsbach, 2, rue Gabriel Lippmann, nach
L-1911 Luxemburg, 9, rue du Laboratoire zu verlegen.
<i>Zweiter Beschlussi>
Die Generalversammlung beschliesst aufgrund der erfolgten Sitzverlegung den ersten Absatz von Artikel 2 der Statuten
abzuändern um ihm folgenden Wortlaut zu geben:
Art. 2. (Absatz 1). Der Sitz der Gesellschaft befindet sich in Luxemburg-Stadt.
Nach Erschöpfung der Tagesordnung, wurde die ausserordentliche Generalversammlung geschlossen.
WORÜBER URKUNDE, Aufgenommen in Luxemburg, am Datum wie eingangs erwähnt.
Und nach Vorlesung und Erklärung alles Vorstehenden an die Mitglieder der Versammlung, dem unterzeichneten Notar
nach Namen, gebräuchlichen Vornamen, Stand und Wohnort bekannt, haben dieselben mit dem Notar die gegenwärtige
Urkunde unterschrieben.
Gezeichnet: C. LETTAL, A. KAISER, Henri BECK.
Enregistré à Echternach, le 20 février 2012. Relation: ECH/2012/271. Reçu soixante-quinze euros 75,00 €.
<i>Le Receveuri> (signé): J.-M. MINY.
FÜR GLEICHLAUTENDE AUSFERTIGUNG, auf Begehr erteilt, zwecks Hinterlegung auf dem Handels- und Gesell-
schaftsregister.
Echternach, den 27. Februar 2012.
Référence de publication: 2012025227/61.
(120033365) Déposé au registre de commerce et des sociétés de Luxembourg, le 27 février 2012.
Editeur:
Service Central de Législation, 43, boulevard F.-D. Roosevelt, L-2450 Luxembourg
Imprimeur: Association momentanée Imprimerie Centrale / Victor Buck
42384
3F Fund
Aquido S.A.
FK Holding 1 S.à r.l.
Show Production Luxembourg s.à r.l.
SMT Real Estate S.A.
Société Européenne de Boissons S.A.
Streamworks International S.A.
SVM Holding S.A.
SVM Holding S.A.
Synergiums S.A.
TA Investment Holdings S.à r.l.
Talia Properties S.à r.l.
TAM Investment Funds
TecCo S. à r. l.
TICOS Finance S.A.
Ticos S.A.
Tierra del Fuego S.àr.l.
Tilfelle S.A.
Titi International S.A.
Titlis S.A., SPF
TMC S.A.
Toivo S.A.
Tom Thill Associates S.à r.l.
Traxys S.à r.l.
Tribel S.A.
Tweedy, Browne Value Funds
UB Real S.à r.l.
UB two
Urbania Adyal-Groupe Laurad S.C.A.
Valindus S.A., SPF
Varezzo S.A.
Vilcabamba S.à r.l.
Vonarius Holding
Voronet S.A.
Webstar S.A.
Wedco One (Luxembourg) S.à r.l.
Wedco One (Luxembourg) S.à r.l. Participations S.C.A.
Wedco Two (Luxembourg) S.à r.l.
Westside Holding S.A.
WHV Immobilien Sàrl
Wirth Investments S.A.
www.casa.lu