This site no longer hosts any data. The file you are looking for is probably available on the official Legilux website by clicking on this link.
Ce site n'héberge plus aucune donnée. Le fichier que vous cherchez est probablement accessible sur le site officiel Legilux en cliquant sur ce lien.
Diese Seite nicht mehr Gastgeber keine Daten. Die Datei, die Sie suchen ist wahrscheinlich auf der offiziellen Legilux Website, indem Sie auf diesen link verfügbar.
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° 2068
21 août 2012
SOMMAIRE
Alu-Rex Europe S.A. . . . . . . . . . . . . . . . . . . . .
99218
BlueGem Delta Sàrl . . . . . . . . . . . . . . . . . . . .
99219
G.M.T. Swedecom S.à r.l. . . . . . . . . . . . . . . .
99218
GP CTB North S.à r.l. . . . . . . . . . . . . . . . . . .
99255
Investar . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
99264
Kiesoffice, S.à r.l. . . . . . . . . . . . . . . . . . . . . . . .
99219
Kiffer Impress . . . . . . . . . . . . . . . . . . . . . . . . . .
99227
Kingstone Holdings S.à r.l. . . . . . . . . . . . . . .
99219
Kingstone Investment S.à r.l. . . . . . . . . . . . .
99227
Konkret S.à r.l. . . . . . . . . . . . . . . . . . . . . . . . . .
99228
KPM Investment S.A. . . . . . . . . . . . . . . . . . . .
99228
Krakow Development S.à r.l. . . . . . . . . . . . .
99227
KRIL Europe Fund I S.à r.l. . . . . . . . . . . . . . .
99228
LaMAGGESE S.A. . . . . . . . . . . . . . . . . . . . . . .
99229
L'Art du Bain S.à r.l. . . . . . . . . . . . . . . . . . . . .
99228
La Terre Rouge S.à r.l. . . . . . . . . . . . . . . . . . .
99251
Latimo S.A. . . . . . . . . . . . . . . . . . . . . . . . . . . . .
99251
LaVita Marketing BeNeLux S.à r.l. . . . . . . .
99229
LaVita Marketing BeNeLux S.à r.l. . . . . . . .
99229
LCB Prop Co. B S.à r.l. . . . . . . . . . . . . . . . . .
99252
LCF Financial Participations S.à r.l. . . . . . .
99252
Lefebvre Investissements S.A. . . . . . . . . . . .
99252
Le Nom de la Fleur S.à r.l. . . . . . . . . . . . . . .
99252
Leopard Germany Bero Holding 1 S.à r.l.
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
99229
Leopard Germany Bero Holding 2 S.à r.l.
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
99230
Leopard Germany Ed 2 LP S.à.r.l. . . . . . . .
99230
Leopard Germany Holding 3 S.à.r.l. . . . . . .
99230
LeverageSource XI S.à r.l. . . . . . . . . . . . . . .
99230
Liberty Capital S.A. . . . . . . . . . . . . . . . . . . . .
99253
L.I.I. International S.à r.l. . . . . . . . . . . . . . . .
99229
Liquid Cool S.A. . . . . . . . . . . . . . . . . . . . . . . . .
99254
LISA Lux S.A. . . . . . . . . . . . . . . . . . . . . . . . . . .
99252
Livelihoods Fund SICAV SIF . . . . . . . . . . . .
99250
Loewe Sued, S.àr.l. . . . . . . . . . . . . . . . . . . . . .
99250
Logovision Europe . . . . . . . . . . . . . . . . . . . . .
99250
Loisirs Games s.à r.l. . . . . . . . . . . . . . . . . . . .
99254
LSF6 Rio S.à r.l. . . . . . . . . . . . . . . . . . . . . . . . .
99262
LSF7 Silverstone S.à r.l. . . . . . . . . . . . . . . . . .
99263
LSF Elancourt Investments S.à r.l. . . . . . . .
99254
LSRC S.à r.l. . . . . . . . . . . . . . . . . . . . . . . . . . . .
99263
Luminstar Capital Fund S.A. . . . . . . . . . . . .
99251
Lunala Investments S.A. . . . . . . . . . . . . . . . .
99263
LuxMultiservices S.A. . . . . . . . . . . . . . . . . . . .
99251
Lux Wind Holdings S.à r.l. . . . . . . . . . . . . . .
99250
Lux Wind Holdings S.à r.l. . . . . . . . . . . . . . .
99251
Microcap 07 - FTL S.C.A, SICAR . . . . . . . .
99254
Momentum Global Funds . . . . . . . . . . . . . . .
99232
MyTravel Luxembourg S.à r.l. . . . . . . . . . . .
99231
Regify S.A. . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
99263
SHCO 34 S.à r.l. . . . . . . . . . . . . . . . . . . . . . . .
99231
Sixt S.à r.l. . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
99218
Société Financière de la Chaussée S.A. . . .
99264
Softec S.A. . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
99264
Starbev Participation Sàrl . . . . . . . . . . . . . . .
99254
Zitek S.A. . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
99253
99217
L
U X E M B O U R G
Alu-Rex Europe S.A., Société Anonyme.
Siège social: L-2560 Luxembourg, 48-50, rue de Strasbourg.
R.C.S. Luxembourg B 141.201.
<i>Extrait du Procès-verbal de l'Assembléei>
<i>Générale Extraordinaire tenue le 25 juin 2012i>
<i>Résolutions adoptées:i>
1) Elle nomme, à dater de ce jour, en qualité d'administrateur, M. John Dewit, né le 15/02/1948 à Etterbeek (Belgique)
et domicilié professionnellement 48-50, rue de Strasbourg à L-2560 Luxembourg, pour un mandat qui viendra à expiration
lors de l'assemblée générale annuelle tenue en 2016.
2) Elle révoque dès à présent la société Services Fiduciaires du Luxembourg S.A. de sa fonction de Commissaire aux
comptes.
3) Elle nomme en qualité de commissaire aux comptes, à dater de ce jour CC AUDIT and CONSULT SA ayant son
siège social au 47, boulevard Joseph II, L-1840 à Luxembourg, RCS n° B 109.612, pour un mandat qui viendra à expiration
lors de l'assemblée générale annuelle tenue en 2016.
M. Guy BROCHU / M. Stéphane BROCHU
<i>Présidenti> / <i>Secrétaire
i>Pour acceptation du mandat
CC AUDIT and CONSULT SA / M. John Dewit
Signature / -
Référence de publication: 2012089733/23.
(120127077) Déposé au registre de commerce et des sociétés de Luxembourg, le 23 juillet 2012.
Sixt S.à r.l., Société à responsabilité limitée.
Siège social: L-1110 Findel, Aéroport de Luxembourg.
R.C.S. Luxembourg B 132.006.
<i>Beschlüsse des Alleinigen Gesellschafters vom 01. April 2012i>
Der Unterzeichnete: Sixt European Holding GmbH & Co KG mit Sitz in
D-82049 Pullach, 1, Zugspitzstrasse, (100 Anteile).
einziger Gesellschafter von Sixt s.à r.l. hat heute folgende Beschlüsse gefasst:
1) Herr Michael Meißner, geboren am 1. August 1970 in Neuss, wohnhaft in NL-1013 AS Amsterdamm (NL), Silodam
166, wird als Geschäftsführer zum heutigen Datum für unbestimmte Zeit ernannt.
2) Herr Thomas Wolters, geboren am 07.10.1967 in Büttgen Jetzt Kaarst, wurde zum 31.03.2012 als Geschäftsführer
abberufen.
3) Die Gesellschaft wird vertreten durch die gemeinsame Unterschrift von den drei Geschäftsführern, Herrn Ralph
Eric Beer, Michael Meißner, Herrn Arjan Wim de Bie.
Erich Sixt.
Référence de publication: 2012090414/18.
(120126980) Déposé au registre de commerce et des sociétés de Luxembourg, le 23 juillet 2012.
G.M.T. Swedecom S.à r.l., Société à responsabilité limitée.
Capital social: EUR 77.200,00.
Siège social: L-2540 Luxembourg, 15, rue Edward Steichen.
R.C.S. Luxembourg B 106.343.
EXTRAIT
L'associé unique de la Société a approuvé en date du 16 juillet 2012 les résolutions suivantes:
1. D'accepter la démission de Wim Rits en tant que gérant avec effet immédiat;
2. De nommer Sami Nummela résidant professionnellement au 15, rue Edward Steichen, L-2540 Luxembourg en tant
que gérant avec effet immédiat pour une durée indéterminée.
99218
L
U X E M B O U R G
Pour extrait conforme,
Luxembourg, le 23 juillet 2012.
Référence de publication: 2012090007/15.
(120127128) Déposé au registre de commerce et des sociétés de Luxembourg, le 23 juillet 2012.
Kiesoffice, S.à r.l., Société à responsabilité limitée.
Siège social: L-1461 Luxembourg, 65, rue d'Eich.
R.C.S. Luxembourg B 156.319.
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: 2012090125/9.
(120126781) Déposé au registre de commerce et des sociétés de Luxembourg, le 23 juillet 2012.
Kingstone Holdings S.à r.l., Société à responsabilité limitée.
Siège social: L-2227 Luxembourg, 8, avenue de la Porte-Neuve.
R.C.S. Luxembourg B 152.290.
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.
<i>Pour Kingstone Holdings SARL
i>Intertrust (Luxembourg) S.A.
Référence de publication: 2012090127/11.
(120127207) Déposé au registre de commerce et des sociétés de Luxembourg, le 23 juillet 2012.
BlueGem Delta Sàrl, Société à responsabilité limitée.
Siège social: L-1857 Luxembourg, 5, rue du Kiem.
R.C.S. Luxembourg B 164.882.
STATUTES
This twentieth day of June two thousand twelve before me, Francis Kesseler, notary residing in Esch-sur-Alzette, Grand
Duchy of Luxembourg,
appeared:
Mrs Sofia AFONSO-DA CHAO CONDE, private employee, with professional address at L-4030 Esch/Alzette, 5, rue
Zénon Bernard, acting in his capacity as duly authorised representative of:
1. BlueGem Beta Limited, a private limited company under the laws of Scotland, having its registered office at 50 Lothian
Road, Festival Square, Edinburgh EH3 9WJ, United Kingdom, registered in Scotland with the Registrar of Companies
under number SC346487 (the "Shareholder"); and
2. BlueGem L.P., a limited partnership under the laws of Scotland, having its registered office at 50 Lothian Road,
Festival Square, Edinburgh EH3 9WJ, United Kingdom, registered in Scotland with the Registrar of Companies under
number LP011796 (the "Subscriber").
The person appearing is personally known to me, notary.
The two powers of attorney to the person appearing are initialled ne varietur by the person appearing and by me,
notary, and are annexed hereto.
The person appearing declared that the Shareholder is the sole shareholder of BlueGem Delta Sàrl, a company with
limited liability under the laws of Luxembourg, having its registered office at 5, rue du Kiem, L-1857 Luxembourg, entered
on the Luxembourg Register of Commerce and Companies under number B 164882, incorporated on the sixth of May
two thousand eleven pursuant to a deed executed before me, undersigned notary, published in the Official Journal of the
Grand Duchy of Luxembourg, Mémorial C, No. 13 of the third of January two thousand twelve, the articles of association
of which have been amended most recently on the twenty-seventh of January two thousand twelve pursuant to a deed
executed before me, notary, published in the Official Journal of the Grand Duchy of Luxembourg, Mémorial C, No. 900
of the fifth of April two thousand twelve (the "Company"), and requested me, notary, to record the following:
<i>Resolutionsi>
The Shareholder, acting as sole shareholder of the Company, hereby resolves:
i. to convert the twenty-five thousand (25,000) existing shares in the capital of the Company with a nominal value of
one euro (EUR 1.00) each into twenty-five thousand (25,000) class A shares in the capital of the Company with a nominal
value of one euro (EUR 1.00) each, numbered A-1 through A-25,000;
99219
L
U X E M B O U R G
ii. to increase the share capital of the Company from twenty-five thousand euros (EUR 25,000.00) to fifty thousand
euros (EUR 50,000.00) and, in connection therewith, to issue the following shares to the Subscriber:
- twelve thousand five hundred (12,500) class B1 shares in the capital of the Company with a nominal value of one
euro (EUR 1.00) each, numbered B1-1 through B1-12,500; and
- twelve thousand five hundred (12,500) class B2 shares in the capital of the Company with a nominal value of one
euro (EUR 1.00) each, numbered B2-1 through B2-12,500; and
iii. to amend and restate the articles of association of the Company as follows:
Art. 1. Interpretation and defined terms.
1.1 In these articles, unless the context requires otherwise:
"A shares" has the meaning ascribed thereto in Article 3.1;
"B share" means a B1 share or a B2 share;
"B1 shares" has the meaning ascribed thereto in Article 3.1;
"B2 shares" has the meaning ascribed thereto in Article 3.1;
"BlueGem Zeta" means BlueGem Zeta Limited, a private limited company under the laws of England and Wales,
registered with the Registrar of Companies in England and Wales under number 08062342;
"class A proceeds" means all payments received by the company from time to time in respect of its equity interest in
MCG, whether in cash or in specie, in the form of a dividend, on account of return of capital or otherwise, including the
proceeds of a sale or other disposal of such equity interest;
"class B proceeds" means all payments received by the company from time to time in respect of its equity interest in
BlueGem Zeta, whether in cash or in specie, in the form of a dividend, on account of return of capital or otherwise;
"Commercial Companies Act 1915" means the Act concerning commercial companies of 10 August 1915, as amended;
"distributable equity" means, at a given time, the sum of the current year profit or loss and the accumulated, realised
profits and any distributable reserves, less accumulated, realised losses and the amount to be transferred to the statutory
reserve subject to and in accordance with Article 9.2;
"final dividend" means a dividend determined by reference to profit set forth in the company's annual accounts as
approved by the general meeting;
"management board" means the management board of the company or, where the context so requires, if the company
only has one manager, the sole manager;
"manager" means a manager of the company;
"manager A" means a manager appointed as such by the general meeting;
"manager B" means a manager appointed as such by the general meeting;
"MCG" means Management Consulting Group plc, a public limited company under the laws of England and Wales,
registered with the Registrar of Companies in England and Wales under number 01000608;
"member" means a holder of one or more shares and as such a member of the company;
"share" means an A share or a B share;
"special equity reserve account" means account 115 equity contributions without allotment of securities within the
meaning of the Grand Ducal Regulation of 10 June 2009 defining the contents and presentation of a standardised chart
of accounts; and
"statutory reserve" means the reserve to be maintained subject to and in accordance with article 197 of the Commercial
Companies Act 1915.
1.2 Where the context so admits or requires, defined terms denoting the singular include the plural and vice versa
and words denoting the masculine, feminine or neuter gender include all genders.
1.3 Unless the context otherwise requires, words or expressions contained in the articles bear the same meaning as
in the Commercial Companies Act 1915 as in force on the date when the articles become binding.
1.4 The invalidity or unenforceability of any provision of the articles shall not affect the validity or enforceability of the
remaining provisions of the articles.
Art. 2. Name, legal form, etc.
2.1 The name of the company is: BlueGem Delta Sàrl.
2.2 The company is a company with limited liability under the Commercial Companies Act 1915 and is incorporated
for an indefinite term.
2.3 The registered office of the company is situated in the City of Luxembourg.
2.4 The objects of the company are to acquire participations in companies and undertakings of whatever form, in
Luxembourg and abroad, as well as the management thereof and to do all that is connected therewith or may be conducive
thereto, all to be interpreted in the broadest sense.
In particular, the objects of the company include participating in the creation, development, management and control
of any company or undertaking.
99220
L
U X E M B O U R G
The objects of the company include acquiring, by subscription, purchase, exchange or in any other manner, stock,
shares and other participation securities, bonds, debentures, certificates of deposit and other debt instruments and, more
generally, any securities and financial instruments issued by any public or private entity, and realising such assets by sale,
transfer, exchange or otherwise.
The objects of the company include financing of third parties such as companies and undertakings with which it forms
a group and/or the granting of guarantees or other security for the debts of such parties.
The company may carry out any commercial, industrial or financial operations, as well as any transactions on real estate
or on movable property, which it may deem useful to the accomplishment of its objects..
Art. 3. Share capital.
3.1 The share capital of the company is fifty thousand euros (EUR 50,000.00) divided into:
- twenty-five thousand (25,000) class A tracking shares ("A shares");
- twelve thousand five hundred (12,500) class B1 tracking shares ("B1 shares"); and
- twelve thousand five hundred (12,500) class B2 tracking shares ("B2 shares"),
with a nominal value of one euro (EUR 1.00) each.
3.2 No share is to be issued for less than the aggregate of its nominal value and any premium to be paid to the company
in consideration for its issue.
3.3 The company may acquire its own shares and hold them as treasury shares. In the case of an acquisition for value,
however, the shares may only be acquired subject to and in accordance with the Commercial Companies Act 1915 and
the terms and conditions, and in the manner, determined by the general meeting. In such instance, the management board
shall draw up interim accounts and Article 11.3 applies mutatis mutandis. The rights attached to shares held in treasury,
including without limitation voting rights and rights to receive distributions of whatever nature, shall be suspended.
3.4 Notwithstanding Article 3.3 above, shares may also be repurchased and are liable to be redeemed, respectively,
subject to and in accordance with the terms, conditions and manner of repurchase or redemption determined from time
to time by the management board. Where shares are repurchased or redeemed under this Article 3.4, the shares are
immediately treated as though they are cancelled and until the actual cancellation all rights attached to such shares,
including without limitation voting rights and rights to receive distributions of whatever nature, shall be suspended.
Art. 4. Transfer and transmission of shares.
4.1 Shares are transferred by means of a written instrument and are freely transferable among members. Shares may
not be transferred to non-members unless the members agree thereto in advance by a resolution that is passed by
members representing at least three-quarters of the share capital.
4.2 Shares may not be transmitted by reason of death to non-members, except with the approval of members repre-
senting three-quarters of the shares held by the surviving members. No approval shall be required where shares are
transmitted to any legal heirs, including a surviving spouse.
4.3 If shares are otherwise transmitted by operation of law, including by reason of a merger or division of a member,
the rights attached to such shares, including without limitation the right to attend and vote at a general meeting and the
right to distributions, shall be suspended until the transmission has been approved by members representing three-
quarters of the other shares in the company.
4.4 The company shall maintain a register within the meaning of article 185 of the Commercial Companies Act 1915.
No fee may be charged for registering any instrument of transfer or other document relating to or affecting the title to
any share and the company may retain any instrument of transfer which is registered.
For the avoidance of doubt, an entry in the register in respect of a transfer of shares shall be initialled ne varietur by
a manager of the company, whether manually, in facsimile or by means of a stamp, and neither the transferor nor the
transferee shall be required to sign the relevant entry.
Art. 5. Managers.
5.1 If two or more managers are appointed they shall together constitute a management board, which board shall
consist of one or more managers A and one or more managers B. Managers B must be resident in the Grand Duchy of
Luxembourg. Both individuals and legal entities can be managers.
5.2 Managers are appointed by the general meeting. A manager may be suspended or dismissed by the general meeting
at any time, with or without cause.
5.3 If a seat is vacant on the management board, the management of the company shall be vested in the remaining
managers or manager.
5.4 The general meeting shall determine the remuneration and other emoluments of managers.
5.5 The quorum for meetings of the management board may be fixed from time to time by a decision of the board
but it must never be less than one manager A and one manager B and unless otherwise fixed it is one manager A and one
manager B. If the total number of managers B for the time being is less than the quorum required, the management board
must not take any decision other than a decision to call a general meeting so as to enable the members to appoint further
managers B.
99221
L
U X E M B O U R G
5.6 If the company only has one manager, Article 5.5 does not apply and the manager may take decisions without
regard to any of the provisions of the articles relating to management board decision-making.
5.7 Management board resolutions may at all times be adopted without holding a meeting, in writing or otherwise,
provided the proposal concerned is submitted to all managers then in office and none of them objects to the manner of
adopting resolutions.
Art. 6. Representation.
6.1 The management board (or, for the avoidance of doubt, if the company only has one manager, the sole manager)
represents and binds the company towards third parties.
6.2 If appointed, a manager A acting jointly with a manager B can also represent and bind the company.
Art. 7. General meetings.
7.1 A general meeting (other than an adjourned meeting) must be called by notice of at least fourteen (14) days (that
is, excluding the day of the meeting and the day on which the notice is given).
7.2 A general meeting may be called by shorter notice than that otherwise required if shorter notice is agreed by the
members.
7.3 Notice of a general meeting of a company must be sent to:
(a) every member of the company; and
(b) every manager.
7.4 Notice of a general meeting of a company must state:
(a) the time, date and place of the meeting; and
(b) the agenda of the meeting and specifically the text of the resolutions proposed.
7.5 The members can adopt resolutions in writing, rather than at a general meeting, if and so long as the number of
members does not exceed twenty-five. In such instance, each member shall receive the text of the resolution, in hard
copy form or otherwise, and shall cast his vote in writing.
Art. 8. Members' reserve power.
8.1 The general meeting may direct the management board to take, or refrain from taking, specified action.
8.2 No such resolution relieves the managers from their duty or exonerates them from their responsibility and no
such resolution invalidates anything which the managers have done before the passing of the resolution, nor does it affect
the power to represent and bind the company towards third parties subject to and in accordance with Article 6.
Art. 9. Financial year and statutory reserve.
9.1 The financial year of the company coincides with the calendar year.
9.2 Each financial year, the company must transfer an amount equal to five percent (5%) of its net profits to the statutory
reserve. This requirement, however, does not apply if the amount standing to the credit of the statutory reserve is equal
to or more than ten percent (10%) of the share capital.
Art. 10. Tracking stock.
10.1 The holders of A shares shall collectively and exclusively be entitled, on a pari passu basis, to the class A proceeds,
if any, by way of dividend or other distribution.
10.2 The holders of B shares shall collectively and exclusively be entitled, on a pari passu basis, to the class B proceeds,
if any, by way of dividend or other distribution.
10.3 The company shall maintain separate reserve accounts for all classes, including without limitation separate sta-
tutory reserve accounts, separate share premium accounts and separate special equity reserve accounts, and the holders
of shares of the relevant class are collectively and exclusively entitled, on a pari passu basis, to the amount standing to
their credit for as long as shares of such class are in issue, disregarding shares that are held in treasury.
10.4 Conversion of a share of a particular class into a share of another class shall not result in a reduction or increase
of any class reserve, unless expressly provided otherwise at the time of conversion.
Art. 11. Procedure for declaring dividends and making distributions.
11.1 Subject to Article 10 above, the profits determined by reference to the company's annual accounts are at the
disposal of the general meeting and the general meeting can declare a final dividend and/or resolve to transfer profits to
the reserves; provided, however, that no member may be excluded from sharing in the profits and/or losses of the
company on a permanent basis.
11.2 A final dividend must not be declared unless the management board has made a recommendation as to its amount.
Such a dividend must not exceed the amount recommended by the management board.
11.3 Subject to Article 10 above, the management board may decide to pay an interim dividend (or to make a distri-
bution other than a dividend) out of the distributable equity by reference to interim accounts prepared for the purpose
and having regard to the rights of creditors; provided the decision is taken within two months after the date of the interim
accounts.
99222
L
U X E M B O U R G
11.4 Unless the members' resolution to declare a final dividend or management board decision to pay an interim
dividend (or to make a distribution other than a dividend) specify a later date, it must be paid by reference to each
member's holding of shares of the relevant class on the date of the resolution or decision to declare or pay it.
Art. 12. Dissolution and liquidation. On the dissolution of the company, the net liquidation proceeds, if any, shall be
distributed to the shareholders in accordance with Article 10 above.
Finally, the person appearing, acting as stated above, declared:
A. Twelve thousand five hundred (12,500) new class B1 shares and twelve thousand five hundred (12,500) new class
B2 shares, with a nominal value of one euro (EUR 1.00) each, are hereby issued at par and subscribed for by the Subscriber.
C. The increase of the share capital of the Company has been paid up in cash by the Subscriber, which payment the
Company hereby accepts. Payment was permitted in any currency and an amount of twenty-five thousand euros (EUR
25,000.00) is at the Company's disposal, evidence of which is given to the undersigned notary.
<i>Costsi>
The costs, expenses and fees and charges of whatever kind, incurred by the Company or charged to it by reason of
this deed, amount to approximately one thousand five hundred euros (EUR 1,500.00).
This deed is drawn up in English followed by a version in French. The person appearing, acting as stated above, declared
that in case of any discrepancy between the English version and the French version, the English version will prevail.
In witness whereof, this deed was drawn up and passed in Esch/Alzette on the date first above stated.
After the deed was read to the person appearing, the person appearing declared to understand the scope and the
consequences and subsequently signed the original together with me, notary.
Suit la traduction française du texte qui précède:
L'an deux mille douze, le vingt juin a comparu par-devant moi, Maître Francis Kesseler, notaire de résidence à Esch-
sur-Alzette, Grand-Duché de Luxembourg:
Madame Sofia AFONSO-DA CHAO CONDE, employée privée, avec dresse professionnelle à L-4030 Esch/Alzette,
5, rue Zénon Bernard, agissant en sa qualité de représentant dûment autorisé de:
1. BlueGem Beta Limited, une société privée à responsabilité limitée de droit écossais, ayant son siège social au 50
Lothian Road, Festival Square, Edinburgh EH3 9WJ, Royaume-Uni, immatriculée en Ecosse auprès du registraire de so-
ciétés sous le numéro SC346487 (l'«Associé»); et
2. BlueGem L.P., une société en commandite de droit écossais, ayant son siège social au 50 Lothian Road, Festival
Square, Edinburgh EH3 9WJ, Royaume-Uni, immatriculée en Ecosse auprès du registraire de sociétés sous le numéro
LP011796 (le «Souscripteur»).
Le comparant est connu personnellement de moi, notaire.
Les deux procurations au comparant sont paraphées ne varietur par le comparant et par moi, notaire, et sont annexées
aux présentes.
Le comparant a déclaré que l'Associé est l'associé unique de BlueGem Delta Sàrl, une société à responsabilité limitée
de droit luxembourgeois, ayant son siège social au 5, rue du Kiem, L-1857 Luxembourg, inscrite au Registre de Commerce
et des Sociétés Luxembourg sous le numéro B 164882, constituée le six mai deux mille onze suivant acte passé devant
moi, notaire soussigné, publié au Mémorial C, Recueil des Sociétés et Associations, N° 13 du trois janvier deux mille
douze, et dont les statuts ont été modifiés pour la dernière fois le vingt-sept janvier deux mille douze suivant acte passé
devant moi, notaire (la «Société»), et m'a requis, notaire, d'acter ce qui suit:
<i>Résolutionsi>
L'Associé, agissant en tant qu'associé unique de la Société, décide par les présentes:
i. de convertir les vingt-cinq mille (25.000) parts sociales existantes dans le capital social de la Société d'une valeur
nominale d'un euro (1,00 EUR) chacune en vingt-cinq mille (25.000) parts sociales de catégorie A dans le capital social
de la Société d'une valeur nominale d'un euro (1,00 EUR) chacune, numérotées de A-1 à A-25.000;
ii. d'augmenter le capital social de la Société de vingt-cinq mille euros (25.000,00 EUR) à cinquante mille euros
(50.000,00 EUR) et, dans ce cadre, d'émettre au Souscripteur:
- douze mille cinq cents (12.500) parts sociales de catégorie B1 dans le capital social de la Société d'une valeur nominale
d'un euro (1,00 EUR) chacune, numérotées de B1-1 à B1-12.500; et
- douze mille cinq cents (12.500) parts sociales de catégorie B2 dans le capital social de la Société d'une valeur nominale
d'un euro (1,00 EUR) chacune, numérotées de B2-1 à B2-12.500; et
iii. de modifier et refondre les statuts de la Société de la manière suivante:
Art. 1
er
. Interprétation et définition des termes.
1.1 Dans les présents statuts, sauf si le contexte l'exige autrement:
«associé» signifie l'associé-détenteur d'une ou plusieurs parts sociales;
99223
L
U X E M B O U R G
«BlueGem Zeta» signifie BlueGem Zeta Limited, une société privée à responsabilité limitée de droit d'Angleterre et
du Pays de Galles, immatriculée auprès du Registre des Sociétés d'Angleterre et du Pays de Galles sous le numéro
08062342;
«capitaux propres distribuables» signifie, à un moment donné, la somme des bénéfices ou pertes de l'exercice concerné
plus les bénéfices reportés et les réserves distribuables, moins les pertes reportées et le montant à transférer à la réserve
légale sous réserve et en conformité avec l'Article 9.2;
«compte de capitaux propres spéciaux» signifie le compte 115 apport en capitaux propres non rémunéré par des titres
dans le sens du Règlement grand-ducal du 10 juin 2009 déterminant la teneur et la présentation d'un plan comptable
normalisé;
«conseil de gérance» signifie le conseil de gérance de la société ou, lorsque le contexte le requiert, si la société n'a
qu'un seul gérant, le gérant unique;
«dividende final» signifie un dividende déterminé par référence au bénéfice fixé dans les comptes annuels de la société
que l'assemblée générale a approuvés;
«gérant» signifie un gérant de la société;
«gérant A» signifie un gérant nommé en cette qualité par l'assemblée générale;
«gérant B» signifie un gérant nommé en cette qualité par l'assemblée générale;
«Loi de 1915 sur les sociétés commerciales» signifie la loi du 10 août 1915, concernant les sociétés commerciales,
telle que modifiée;
«MCG» signifie Management Consulting Group plc, une société anonyme de droit d'Angleterre et du Pays de Galles,
immatriculée auprès du Registre des Sociétés d'Angleterre et du Pays de Galles sous le numéro 01000608;
«part B» signifie une part B1 ou une part B2;
«part sociale» signifie une part A ou une part B;
«parts A» a la signification qui lui est attribuée à l'article 3.1;
«parts B1» a la signification qui lui est attribuée à l'article 3.1;
«parts B2» a la signification qui lui est attribuée à l'article 3.1;
«recettes de catégorie A» signifie tous les paiements reçus dans le temps par la société relatifs à sa participation dans
le capitaux propres de MCG, que ce soit en numéraire ou en nature, sous la forme d'un dividende ou d'un remboursement
de capital ou autre, y compris les recettes d'une vente ou de la disposition de cette participation;
«recettes de catégorie B» signifie tous les paiements reçus dans le temps par la société relatifs à sa participation dans
le capitaux propres de BlueGem Zeta, que ce soit en numéraire ou en nature, sous la forme d'un dividende ou d'un
remboursement de capital ou autre, y compris les recettes d'une vente ou de la disposition de cette participation; et
«réserve légale» signifie la réserve à conserver conformément à l'article 197 de la Loi de 1915 sur les sociétés com-
merciales.
1.2 Lorsque le contexte le permet ou l'exige, les termes définies indiquant le singulier incluent le pluriel et vice-versa
et les mots indiquant le genre masculin, féminin ou neutre incluent tous les genres.
1.3 Sauf si le contexte l'exige autrement, les mots et expressions contenues dans les statuts ont la même signification
que dans la Loi de 1915 sur les sociétés commerciales en vigueur à la date à laquelle les statuts deviennent contraignants.
1.4 L'invalidité ou le caractère inapplicable d'une disposition des statuts n'aura pas d'effet sur la validité ou l'applicabilité
de ses dispositions restantes.
Art. 2. Dénomination sociale, forme juridique, etc.
2.1 Le nom de la société est: BlueGem Delta Sàrl.
2.2 La société est une société à responsabilité limitée selon la Loi de 1915 sur les sociétés commerciales et est con-
stituée pour une durée illimitée.
2.3 Le siège social de la société est situé dans la Ville de Luxembourg.
2.4 La société a pour objet de la prise de participations dans toutes sociétés et entreprises sous quelque forme que
ce soit, tant au Luxembourg qu'à l'étranger, et la gestion y relatifs et de faire tout ce qui se rapporte à cet objet ou peut
y être favorable, le tout au sens le plus large.
L'objet de la société comprend notamment la participation à la création, au développement, à la gestion et au contrôle
de toute société ou entreprise.
L'objet de la société comprend l'acquisition par souscription, achat, échange ou de toute autre manière tous titres,
actions et autres valeurs de participation, obligations, créances, certificats de dépôt et autres instruments de dette et plus
généralement toutes valeurs mobilières et instruments financiers émis par toute entité publique ou privée, et la réalisation
de ces actifs par voie de vente, cession, échange ou autrement.
L'objet de la société comprend le financement des tiers tels que les sociétés et entreprises avec lesquelles elle forme
un groupe et/ou la fourniture des garanties et autres sûretés pour les dettes de ces partis.
La société pourra faire en outre toutes opérations commerciales, industrielles et financières, tant mobilières qu'im-
mobilières qui peuvent lui paraître utiles dans l'accomplissement de son objet..
99224
L
U X E M B O U R G
Art. 3. Capital social.
3.1 Le capital social de la société est fixé à cinquante mille euros (50.000,00 EUR) représenté par:
- vingt-cinq mille (25.000) parts sociales traçantes de catégorie A («parts A»);
- douze mille cinq cents (12.500) parts sociales traçantes de catégorie B1 («parts B1»); et
- douze mille cinq cents (12.500) parts sociales traçantes de catégorie B2 («parts B2»),
d'une valeur nominale d'un euro (1,00 EUR) chacune.
3.2 Aucune part sociale ne sera émise pour moins du montant total de sa valeur nominale et de toute prime payable
à la société en contrepartie de son émission.
3.3 La société peut acquérir ses parts sociales propres et les conserver en portefeuille comme des parts auto-détenues.
En cas d'acquisition à titre onéreux, toutefois, les parts sociales ne peuvent être acquises que sous réserve et en conformité
avec la Loi de 1915 sur les sociétés commerciales et les termes, conditions et modalités d'acquisition décidés par l'as-
semblée générale. En ce cas, le conseil de gérance doit établir des comptes intérimaires et l'Article 11.3 s'applique mutatis
mutandis. Les droits attachés aux parts autodétenues, y compris sans limitation les droits de vote et des droits de recevoir
des distributions de quelque nature qu'elles soient, seront suspendus.
3.4 En parallèle à l'Article 3.3, les parts sociales peuvent être rachetées et sont passibles d'être amorties sous réserve
et en conformité avec les termes, conditions et modalités de rachat ou amortissement tels que décidés de temps à autre
par le conseil de gérance. Lorsque les parts sociales sont rachetées ou amorties en vertu du présent Article 3.4, les parts
sociales sont immédiatement traitées comme si elles étaient annulées et, jusqu'à l'annulation effective de tous les droits
attachés à ces parts sociales, y compris sans limitation les droits de vote et des droits de recevoir des distributions de
quelque nature qu'elles soient, seront suspendus.
Art. 4. Transfert et transmission de parts sociales.
4.1 Les parts sociales seront transférées au moyen d'un acte notarié ou sous seings privés et sont librement transfé-
rables entre les associés. Les parts sociales ne peuvent être transférées à des non-associés sauf accord préalable des
associés donné par une résolution qui est adoptée par les associés représentant au moins les trois quarts du capital social.
4.2 Les parts sociales ne peuvent être transmises pour cause de mort à des non-associés, qu'avec l'approbation des
associés représentant les trois quarts des parts sociales détenues par les associés survivants. Aucun consentement ne
sera requis pour la transmission des parts sociales aux héritiers légaux ou au conjoint survivant.
4.3 Si les parts sont autrement transmises de plein droit, en ce compris en raison d'une fusion ou scission d'un associé,
les droits attachés à ces parts sociales, y compris sans limitation le droit d'assister ou de voter à une assemblée générale
et le droit aux distributions, seront suspendus jusqu'à ce que la transmission ait été approuvée par les associés repré-
sentant les trois-quarts des autres parts sociales de la société.
4.4 La société doit tenir un registre dans le sens de l'article 185 de la Loi de 1915 sur les sociétés commerciales. Aucun
frais ne pourra être facturé pour l'enregistrement d'un instrument de transfert ou tout autre document concernant ou
affectant le titre de propriété d'une part sociale. La société peut retenir tout instrument de transfert qui est enregistré.
Pour éviter toute confusion, l'inscription d'une cession de parts sociales dans le registre est paraphée ne varietur par
un gérant de la société, et le paraphe peut être soit manuscrit, soit imprimé, soit apposé au moyen d'une griffe, et ni le
cédant ni le cessionnaire sont tenus de signer cette inscription.
Art. 5. Gérants.
5.1 Dans la mesure où deux ou plusieurs gérants sont en fonction, ils constitueront un conseil de gérance, lequel est
composé d'un ou plusieurs gérants A et un ou plusieurs gérants B. Les gérants B doivent être résidents du Grand-Duché
de Luxembourg. Tant des personnes physiques que des entités légales peuvent être gérant de la société.
5.2 Les gérants sont nommés par l'assemblée générale. Tout gérant peut être suspendu ou révoqué de ses fonctions
à tout moment, avec ou sans cause légitime.
5.3 En cas de vacance d'un poste de gérant, les autres gérants ou l'autre gérant seront/sera chargé(s) de l'administration
de la société.
5.4 L'assemblée générale détermine la rémunération et les autres émoluments des gérants.
5.5 Le quorum pour une réunion du conseil de gérance peut être fixé au cas par cas par une décision du conseil, mais
il ne doit jamais être inférieur à un gérant A et un gérant B et sauf disposition contraire il est d'un gérant A et un gérant
B. Si le nombre total de gérants B alors en fonction est inférieur au quorum requis, le conseil de gérance ne doit adopter
aucune décision autre qu'une décision de convocation d'une assemblée générale afin de permettre aux associés de nom-
mer des gérants B supplémentaires.
5.6 Si la société n'a qu'un seul gérant, Article 5.5 ne s'applique pas, et le gérant peut prendre des décisions sans tenir
compte des dispositions des statuts relatives à la prise de décision par le conseil de gérance.
5.7 Les décisions du conseil de gérance peuvent être prises sans qu'une réunion ne soit tenue, par consultation écrite
ou autrement, à condition que la proposition en question ait été soumise à tous les gérants alors en fonction et qu'aucun
desdits gérants ne s'oppose à cette modalité de prise de décision.
99225
L
U X E M B O U R G
Art. 6. Représentation.
6.1 Le conseil de gérance (ou, pour éviter toute confusion, si la société n'a qu'un seul gérant, le gérant unique) repré-
sente et engage la société à l'égard des tiers.
6.2 Dans la mesure où ils sont en fonction, un gérant A agissant conjointement avec un gérant B représentent et
engagent également la société.
Art. 7. Assemblées générales.
7.1 Une assemblée générale (autre qu'une assemblée ajournée) doit être convoquée par notification d'au moins qua-
torze (14) jours (en excluant le jour de l'assemblée et le jour de l'envoi de la notification).
7.2 Une assemblée générale peut être convoquée à plus brève échéance que celle requise autrement si tous les associés
y consentent.
7.3 Une notification à une assemblée générale de la société doit être envoyée à:
(a) tous les associés de la société; et
(b) tous les gérants.
7.4 Une notification à une assemblée générale de la société doit contenir:
(a) l'heure, la date et l'endroit où se tiendra l'assemblée; et
(b) l'ordre du jour de l'assemblée et le texte des résolutions proposées.
7.5 Les associés peuvent adopter des résolutions par écrit, au lieu de les prendre en assemblée générale, si et tant que
le nombre d'associés ne dépasse pas vingt-cinq. Dans ce cas, chaque associé devra recevoir le texte de la résolution, par
écrit ou autrement, et exprimera son vote par écrit.
Art. 8. Pouvoir de réserve des associés.
8.1 L'assemblée générale peut enjoindre au conseil de gérance d'entreprendre, ou de s'abstenir d'entreprendre, une
action déterminée.
8.2 Aucune résolution ne dispense les gérants de leurs fonctions ni n'exonère les gérants de leur responsabilité et
aucune résolution n'annule les actes accomplis par les gérants avant l'adoption de la résolution ni n'affecte le pouvoir de
représenter et engager la société à l'égard des tiers sous réserve et en conformité avec l'Article 6.
Art. 9. Exercice social et réserve légale.
9.1 L'exercice social de la société coïncide avec l'année civile.
9.2 Chaque exercice social, la société doit affecter un montant égal à cinq pour cent (5%) de ses bénéfices nets à la
réserve légale. Cette exigence, toutefois, ne s'applique pas lorsque la réserve l'égale a atteint dix pour cent (10%) du
capital social.
Art. 10. Parts sociales traçantes.
10.1 Les détenteurs de parts A auront un droit collectif, exclusif et proportionnel (sur un pied d'égalité) aux recettes
de catégorie A, le cas échéant, par voie de dividende ou autre distribution.
10.2 Les détenteurs de parts B auront un droit collectif, exclusif et proportionnel (sur un pied d'égalité) aux recettes
de catégorie B, le cas échéant, par voie de dividende ou autre distribution.
10.3 La société doit maintenir des comptes de réserve séparés pour toutes les catégories, y compris notamment, des
comptes de réserve légale distincts, des comptes de primes d'émission distincts et des comptes de capitaux propres
spéciaux distincts. Les détenteurs de parts de la catégorie concernée auront un droit collectif, exclusif et proportionnel
(sur un pied d'égalité) au montant créditeur de ces comptes distincts tant que des parts de de ladite classe sont en
circulation, sans tenir compte des parts auto-détenues.
10.4 La conversion d'une part sociale d'une certaine catégorie en une part d'une autre catégorie n'entraînera pas de
réduction ou d'augmentation de toute réserve de catégorie distincte, sauf disposition expresse contraire prévue au mo-
ment de la conversion.
Art. 11. Procédure de déclaration de dividendes et de faire de distributions.
11.1 Sous réserve de l'Article 10 ci-dessus, les bénéfices déterminés par référence aux comptes annuels de la société
sont à la disposition de l'assemblée générale et l'assemblée générale peut déclarer un dividende final et/ou décider de
affecter les bénéfices aux réserves; à condition, toutefois, qu'aucun associé ne soit exclu du partage dans les bénéfices et/
ou des pertes de la société de manière permanente.
11.2 Un dividende final ne doit pas être déclaré sauf si le conseil de gérance a émis une recommandation quant à son
montant. Ce dividende ne doit pas dépasser le montant recommandé par le conseil de gérance.
11.3 Sous réserve de l'Article 10 ci-dessus, le conseil de gérance peut décider de payer un dividende intérimaire (ou
de faire une distribution autre qu'un dividende) à partir des capitaux propres distribuables selon les comptes intérimaires
préparés à cette occasion et au vu des droits des créanciers, à condition que cette décision soit prise dans les deux mois
suivant la date des comptes intérimaires.
99226
L
U X E M B O U R G
11.4 Sauf si la résolution des associés de déclarer un dividende final ou la décision du conseil de gérance de payer un
dividende intérimaire (ou de faire une distribution autre qu'un dividende) ne spécifie une date ultérieure, le dividende
doit être versé par référence aux parts sociales de la catégorie concernée détenues par chaque associé à la date de la
résolution ou de la décision de le déclarer ou de le verser.
Art. 12. Dissolution et liquidation. Lors de la dissolution de la société, le boni de liquidation net, le cas échéant, sera
distribué aux associés conformément à l'article 10 ci-dessus.
Enfin, le comparant, agissant comme indiqué ci-avant, a déclaré:
A. Douze mille cinq cents (12.500) nouvelles parts sociales de catégorie B1 et douze mille cinq cents (12.500) nouvelles
parts sociales de catégorie B2, ayant une valeur nominale d'un euro (1,00 EUR) chacune, sont émises au pair et souscrites
par le Souscripteur.
B. L'augmentation de capital social de la Société a été libérée par un paiement en numéraire accepté par la Société. Le
paiement a été autorisé en n'importe quelle devise et le montant de vingt-cinq mille euros (25.000,00 EUR) est à la
disposition de la Société, comme il a été prouvé au notaire soussigné.
<i>Fraisi>
Les frais, dépenses et rémunérations et charges, sous quelque forme que ce soit, qui incombent à la Société ou qui
sont mis à sa charge à raison du présent acte, s'élèvent à environ mille cinq cents euros (1.500,00 EUR).
Le présent acte est rédigé en anglais suivi d'une version française. Le comparant, agissant comme indiqué ci-avant, a
déclaré qu'en cas de divergence entre la version anglaise et la version française, la version anglaise fera seule foi.
Dont acte, fait et passé à Esch/Alzette à la date qu'en tête des présentes.
Et après lecture de l'acte faite au comparant, celui-ci a déclaré qu'il comprend la portée et les conséquences et a ensuite
signé la présente minute avec moi, notaire.
Signé: Conde, Kesseler.
Enregistré à Esch/Alzette Actes Civils, le 22 juin 2012. Relation: EAC/2012/8189. Reçu soixante-quinze euros (75,-€).
<i>Le Receveuri>
(signé): Santioni A.
Pour expédition conforme délivrée aux fins de la publication au Mémorial, Recueil des Sociétés et Associations.
Référence de publication: 2012089771/448.
(120127043) Déposé au registre de commerce et des sociétés de Luxembourg, le 23 juillet 2012.
Kingstone Investment S.à r.l., Société à responsabilité limitée.
Siège social: L-2227 Luxembourg, 8, avenue de la Porte-Neuve.
R.C.S. Luxembourg B 152.312.
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.
<i>Pour Kingstone Investment S.à r.l.
i>Intertrust (Luxembourg) S.A.
Référence de publication: 2012090128/11.
(120127211) Déposé au registre de commerce et des sociétés de Luxembourg, le 23 juillet 2012.
Krakow Development S.à r.l., Société à responsabilité limitée.
Siège social: L-2346 Luxembourg, 20, rue de la Poste.
R.C.S. Luxembourg B 153.648.
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.
Signature.
Référence de publication: 2012090130/10.
(120127598) Déposé au registre de commerce et des sociétés de Luxembourg, le 23 juillet 2012.
Kiffer Impress, Société à responsabilité limitée.
Siège social: L-7545 Mersch, 18, rue Lohr.
R.C.S. Luxembourg B 75.533.
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.
99227
L
U X E M B O U R G
Signature
<i>Un mandatairei>
Référence de publication: 2012090135/11.
(120126948) Déposé au registre de commerce et des sociétés de Luxembourg, le 23 juillet 2012.
Konkret S.à r.l., Société à responsabilité limitée.
Siège social: L-7513 Mersch, 8, route d'Arlon.
R.C.S. Luxembourg B 77.004.
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.
Pierre KRAUS
<i>Le géranti>
Référence de publication: 2012090136/11.
(120126875) Déposé au registre de commerce et des sociétés de Luxembourg, le 23 juillet 2012.
KPM Investment S.A., Société Anonyme.
Siège social: L-2661 Luxembourg, 42, rue de la Vallée.
R.C.S. Luxembourg B 48.502.
Les comptes annuels au 31.12.2009 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.
Luxembourg, le 23/07/2012.
<i>Pour: KPM INVESTMENT S.A.
i>Société anonyme
Experta Luxembourg
Société anonyme
Référence de publication: 2012090138/14.
(120127325) Déposé au registre de commerce et des sociétés de Luxembourg, le 23 juillet 2012.
L'Art du Bain S.à r.l., Société à responsabilité limitée.
Siège social: L-7513 Mersch, 41, rue d'Arlon.
R.C.S. Luxembourg B 116.995.
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.
Alberto Fernandes
<i>Associé-géranti>
Référence de publication: 2012090143/11.
(120126879) Déposé au registre de commerce et des sociétés de Luxembourg, le 23 juillet 2012.
KRIL Europe Fund I S.à r.l., Société à responsabilité limitée.
Siège social: L-2449 Luxembourg, 25A, boulevard Royal.
R.C.S. Luxembourg B 111.437.
Les comptes annuels au 31.12.2011 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 Corporation Company S.A. / TCG Gestion S.A.
Signatures
<i>Gérant / Géranti>
Référence de publication: 2012090139/12.
(120127097) Déposé au registre de commerce et des sociétés de Luxembourg, le 23 juillet 2012.
99228
L
U X E M B O U R G
Leopard Germany Bero Holding 1 S.à r.l., Société à responsabilité limitée.
Capital social: EUR 20.000,00.
Siège social: L-1913 Luxembourg, 12, rue Léandre Lacroix.
R.C.S. Luxembourg B 160.736.
Les comptes annuels de la Société 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 19 juillet 2012.
M. Robert Kimmels
<i>Géranti>
Référence de publication: 2012090151/13.
(120127034) Déposé au registre de commerce et des sociétés de Luxembourg, le 23 juillet 2012.
L.I.I. International S.à r.l., Société à responsabilité limitée.
Siège social: L-2146 Luxembourg, 63-65, rue de Merl.
R.C.S. Luxembourg B 129.064.
Je soussigné, Monsieur Jean-Marc FABER, gérant de la société L.I.I. INTERNATIONAL S.à.r.l., déclare par la présente,
démissionner de mon poste de gérant qui m'avait été confié au sein de la société.
Luxembourg, le 10 juillet 2012.
Jean-Marc FABER.
Référence de publication: 2012090142/10.
(120126952) Déposé au registre de commerce et des sociétés de Luxembourg, le 23 juillet 2012.
LaMAGGESE S.A., Société Anonyme.
Siège social: L-2165 Luxembourg, 26-28, Rives de Clausen.
R.C.S. Luxembourg B 106.294.
EXTRAIT
Il résulte de l'Assemblée générale ordinaire du 29 juin 2012 que les administrateurs et le commissaire en charge du
contrôle des comptes ont démissionné de leurs fonctions respectives.
Pour extrait conforme
Luxembourg, le 20 juillet 2012.
Référence de publication: 2012090147/12.
(120126445) Déposé au registre de commerce et des sociétés de Luxembourg, le 23 juillet 2012.
LaVita Marketing BeNeLux S.à r.l., Société à responsabilité limitée.
Siège social: L-4384 Ehlerange, Zare-Ouest.
R.C.S. Luxembourg B 98.241.
Le Bilan au 31/12/2009 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 18 juillet 2012.
<i>Le Mandatairei>
Référence de publication: 2012090149/11.
(120127350) Déposé au registre de commerce et des sociétés de Luxembourg, le 23 juillet 2012.
LaVita Marketing BeNeLux S.à r.l., Société à responsabilité limitée.
Siège social: L-4384 Ehlerange, Zare-Ouest.
R.C.S. Luxembourg B 98.241.
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.
99229
L
U X E M B O U R G
Luxembourg, le 18 juillet 2012.
<i>Le Mandatairei>
Référence de publication: 2012090150/11.
(120127351) Déposé au registre de commerce et des sociétés de Luxembourg, le 23 juillet 2012.
LeverageSource XI S.à r.l., Société à responsabilité limitée.
Capital social: USD 20.000,00.
Siège social: L-1855 Luxembourg, 44, avenue John Fitzgerald Kennedy.
R.C.S. Luxembourg B 142.316.
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 9 juillet 2012.
Référence de publication: 2012090155/10.
(120127527) Déposé au registre de commerce et des sociétés de Luxembourg, le 23 juillet 2012.
Leopard Germany Bero Holding 2 S.à r.l., Société à responsabilité limitée.
Capital social: EUR 20.000,00.
Siège social: L-1913 Luxembourg, 12, rue Léandre Lacroix.
R.C.S. Luxembourg B 160.738.
Les comptes annuels de la Société 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 19 juillet 2012.
M. Robert Kimmels
<i>Géranti>
Référence de publication: 2012090152/13.
(120127033) Déposé au registre de commerce et des sociétés de Luxembourg, le 23 juillet 2012.
Leopard Germany Ed 2 LP S.à.r.l., Société à responsabilité limitée.
Capital social: EUR 20.000,00.
Siège social: L-1913 Luxembourg, 12, rue Léandre Lacroix.
R.C.S. Luxembourg B 156.096.
Les comptes annuels de la Société 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 19 juillet 2012.
M. Robert Kimmels
<i>Géranti>
Référence de publication: 2012090153/13.
(120127032) Déposé au registre de commerce et des sociétés de Luxembourg, le 23 juillet 2012.
Leopard Germany Holding 3 S.à.r.l., Société à responsabilité limitée.
Capital social: EUR 20.000,00.
Siège social: L-1913 Luxembourg, 12, rue Léandre Lacroix.
R.C.S. Luxembourg B 155.840.
Les comptes annuels de la Société 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.
99230
L
U X E M B O U R G
Luxembourg, le 23 juillet 2012.
M. Robert Kimmels
<i>Géranti>
Référence de publication: 2012090154/13.
(120127031) Déposé au registre de commerce et des sociétés de Luxembourg, le 23 juillet 2012.
MyTravel Luxembourg S.à r.l., Société à responsabilité limitée.
Capital social: EUR 812.500,00.
Siège social: L-1631 Luxembourg, 17, rue Glesener.
R.C.S. Luxembourg B 83.825.
La Société a été constituée suivant acte reçu par Maître André-Jean-Joseph Schwachtgen, notaire de résidence à Luxem-
bourg, en date du 20 septembre 2001, publié au Mémorial C, Recueil des Sociétés et Associations n° 224 du 8 février
2002.
Les comptes annuels de la Société au 30 septembre 2008 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.
MyTravel Luxembourg S.à r.l.
Signature
Référence de publication: 2012090219/15.
(120127386) Déposé au registre de commerce et des sociétés de Luxembourg, le 23 juillet 2012.
SHCO 34 S.à r.l., Société à responsabilité limitée.
Capital social: EUR 12.500,00.
Siège social: L-1931 Luxembourg, 13-15, avenue de la Liberté.
R.C.S. Luxembourg B 168.446.
<i>Extrait des résolutions de l'associé unique du 19 Juillet 2012.i>
En date du 19 juillet 2012 l'associé unique de la Société a décidé comme suit:
- de révoquer le mandat de ATC Management (Luxembourg) S.àr.l en tant que gérant de la Société et ce avec effet
immédiat.
- de nommer Antje Lubitz, manager, née le 14 janvier 1973 à Berlin en Allemagne, demeurant à D-15732, Schulzendorf,
Helgolandstrasse 7, Allemagne, en tant que gérant de classe A de la Société pour une durée indéterminée, et ce avec effet
immédiat.
- de nommer Johanna Van Oort, directrice, née le 28 février 1967 à Groningen aux Pays-Bas, demeurant profession-
nellement au 13-15 avenue de la Liberté, L-1931 Luxembourg en tant que gérant de classe B de la Société pour une durée
indéterminée, et ce avec effet immédiat.
- de nommer Joost Tulkens, directeur, né le 26 avril 1973, à Someren aux Pays-Bas, demeurant professionnellement
au 13-15 avenue de la Liberté, L-1931 Luxembourg en tant que gérant de classe B de la Société pour une durée indéter-
minée, et ce avec effet immédiat.
Le conseil de gérance de la Société se compose désormais comme suit:
<i>Gérant de classe A:i>
- Antje Lubitz
<i>Gérants de classe B:i>
- Johanna Van Oort
- Joost Tulkens
Pour mention aux fins de la publication au Mémorial, Recueil des Sociétés et Associations.
Luxembourg, le 20 juillet 2012.
Signature
<i>Un mandatairei>
Référence de publication: 2012090406/31.
(120127049) Déposé au registre de commerce et des sociétés de Luxembourg, le 23 juillet 2012.
99231
L
U X E M B O U R G
Momentum Global Funds, Société d'Investissement à Capital Variable.
Siège social: L-2633 Senningerberg, 6, route de Trèves.
R.C.S. Luxembourg B 161.934.
In the year two thousand and twelve,
on the twenty-fifth of June.
Before the undersigned notary Henri Hellinckx, notary residing in Luxembourg, (Grand-Duchy of Luxembourg).
Was held an extraordinary general meeting of shareholders of MOMENTUM GLOBAL FUNDS, a Société d'investis-
sement à Capital Variable with its registered office at 6, route de Treves, L-2633 Senningerberg (the «Company»),
incorporated pursuant to a deed of the undersigned notary on 13 June 2011, published in the Mémorial number 1848 of
2 August 2011.
The Company is registered in the Commercial Register of the city of Luxembourg, section B, under registration number
161934.
The extraordinary general meeting is chaired by Mrs Mara Marangelli, bank employee, residing professionally in Sen-
ningerberg.
The Chairman appoints as secretary Mr. Xavier Rouvière, bank employee, residing professionally in Senningerberg.
The extraordinary general meeting appoints as scrutineer Mr. Grigore Bobina, bank employee, residing professionally
in Senningerberg.
The Chairman declares upon approval by the extraordinary general meeting that:
I All the shares being registered shares the extraordinary general meeting has been convened by notices sent to all
the registered shareholders by registered mail on May 22, 2012.
II. The agenda of the extraordinary general meeting is the following:
<i>Agendai>
I. To approve the amendments of the articles of incorporation of the Company (the "Articles") which, inter alia, reflect
the provisions introduced by the law of 17 December 2010 (the "2010 Law") on undertakings for collective investment,
with effect from the date of the Meeting:
1. Amendment of (i) all references in the Articles to the Directive 85/611/EEC and to the law of 20 December 2002
relating to undertakings for collective investment (the "2002 Law"), in order to replace them by respectively a reference
to the Directive 2009/65/EC and to the 2010 Law and (ii) all references to specific articles of the 2002 Law in order to
replace them by the relevant articles of the 2010 Law;
2. Amendment of the article 13 of the Articles by addition of point 13.2.7 to read as follows: "13.2.7 the suspension
of, respectively, the calculation of the net asset value per share/unit, the issue, the redemptions, or the conversions of
the shares/units issued within the master fund in which the Company or any of its Funds invests in its quality as feeder
fund';
3. Amendment of point 19.2.2 in article 19 to allow any sub-fund of the Company to invest in shares of a master fund
to the extent permitted and at the conditions stipulated by the 2010 Law;
4. Amendment of article 26 in order to, inter alia, reflect the new provisions of the 2010 Law with regards to mergers,
so as to read as follows;
" 26.1. The Board of Directors may decide to proceed with a merger (within the meaning of the 2010 Law) of the
assets of the Company or of any Fund with those of (i) another existing Fund within the Company or another compartment
within such other Luxembourg or foreign UCITS (the "New Compartment"), or of (ii) another Luxembourg or foreign
UCITS (the "New UCITS"), and to designate the Shares of the Company or the Fund concerned as Shares of the New
UCITS or the New Compartment, as applicable. The Board of Directors is competent to decide on or approve the
effective date of the merger. Such a merger shall be subject to the conditions and procedures imposed by the 2010 Law,
in particular concerning the merger project to be established by the Board of Directors and the information to be provided
to the Shareholders.
26.2. Notwithstanding the powers conferred to the Board of Directors by the preceding section, a merger (within the
meaning of the 2010 Law) of the assets and of the liabilities attributable to any Fund with another Fund within the Company
may be decided upon by a general meeting of Shareholders of the Fund concerned for which there shall be no quorum
requirements and which will decide upon such a merger by resolutions taken by simple majority of the votes validly cast.
The general meeting of Shareholders of the Fund concerned will decide on the effective date of such a merger it has
initiated within the Company, by resolution taken with no quorum requirement and adopted at a simple majority of the
votes validly cast.
26.3. The Shareholders may also decide a merger (within the meaning of the 2010 Law) of the assets and of the liabilities
attributable to the Company or any Fund with the assets of any New UCITS or New Compartment. Such a merger and
99232
L
U X E M B O U R G
the decision on the effective date of such a merger shall require resolutions of the Shareholders of the Company or Fund
concerned with no quorum requirement and adopted at a simple majority of the votes validly cast.
26.4. Where the Company or any of its Funds is the absorbed entity which, thus, ceases to exist and irrespective of
whether the merger is initiated by the Board of Directors or by the Shareholders, the general meeting of Shareholders
of the Company or of the relevant Fund must decide the effective date of the merger. Such general meeting will decide
by resolution taken with no quorum requirement and adopted at a simple majority of the votes validly cast.
26.5. Shareholders are entitled to request, without any charge other than those retained by the Company or the Fund
to meet divestment costs, the repurchase or redemption of their Shares, or, if possible, convert them into shares of
another UCITS pursuing a similar investment policy and managed by the Management Company or by any other company
with which the Management Company is linked by common management or control, or by substantial direct or indirect
holding, in accordance with the 2010 Law.
26.6. Any cost associated with the preparation and the completion of the merger shall neither be charged to the
Company nor to the Shareholders.
26.7. Such merger shall be subject to the conditions and procedures imposed by the applicable law and regulations at
the time that the decision to merge is taken.
26.8. In the event that the Board of Directors believes it is required for the interests of the Shareholders of the relevant
Fund or that a change in the economic or political situation relating to the Fund concerned has occurred which would
justify it, the reorganisation of one Fund, by means of a division into two or more Funds, may be decided by the Board
of Directors.
26.9. In the event that for any reason the value of the net assets of any Class within a Fund has decreased to, or has
not reached, an amount determined by the Board of Directors to be the minimum level for such Class to be operated
in an economically efficient manner or as a matter of economic rationalization, the Board of Directors may decide to
amend the rights attached to any Class so as to include them in any other existing Class and re-designate the Shares of
the Class or Classes concerned as Shares of another Class. Such decision will be subject to the right of the relevant
Shareholders to request, without any charges, the redemption of the Shares or, where possible, the conversion of those
Shares into Shares of other Classes within the same Fund or into Shares of other Classes within another Fund."
II. Ratification of the appointment by the Board of Directors of Mr. Andries Kotzee as new director of the Company.
III. Miscellaneous
III. In order to be able to deliberate validly on the agenda, the extraordinary general meeting will require a quorum of
at least fifty percent (50%) of the capital to be present or represented. The resolutions will be adopted if approved by
two thirds (2/3) of the votes validly cast at the extraordinary general meeting. Votes cast will not include votes attached
to shares in respect of which the shareholder has not taken part in the vote or has abstained or has returned a blank or
invalid vote.
If the extraordinary general meeting is not quorate or is unable to deliberate and vote on the above mentioned agenda,
a further meeting will be reconvened to deliberate and vote on the same agenda. At such further meeting, there will be
no quorum required and resolutions on the agenda will be adopted at a majority of two thirds (2/3) of the votes cast at
the meeting except for:
- item I. of the agenda which will require a quorum of at least fifty percent (50%) of the capital to be present or
represented and will be adopted if approved by two thirds (2/3) of the votes validly cast and
- item II which will be adopted if approved by two thirds (2/3) of the votes validly cast but with no quorum required.
IV. 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 represented
shareholders and by the Bureau, will remain annexed to the present deed to be filed at the same time with the registration
authorities.
The proxies of the represented shareholders, initialled "ne varietur" by the appearing parties will also remain annexed
to the present deed.
V. It appears from the attendance list that, out of 278,213,127 shares in issue, 160,781,249 shares are present or
represented at the Meeting, representing more than half of the Company's capital.
VI That, as a result of the foregoing, the present Meeting is regularly constituted and may validly deliberate on the
following resolutions:
After deliberation, The extraordinary general meeting takes unanimously the following resolutions:
<i>First resolutioni>
The meeting decides to approve the amendments of the articles of incorporation of the Company (the "Articles")
which, inter alia, reflect the provisions introduced by the law of 17 December 2010 (the "2010 Law") on undertakings
for collective investment, with effect from this date as follows:
99233
L
U X E M B O U R G
- (i) all references in the Articles to the Directive 85/611/EEC and to the law of 20 December 2002 relating to
undertakings for collective investment (the "2002 Law"), in order to replace them by respectively a reference to the
Directive 2009/65/EC and to the 2010 Law and (ii) all references to specific articles of the 2002 Law in order to replace
them by the relevant articles of the 2010 Law;
- article 13 of the Articles by addition of point 13.2.7 to read as follows:
" 13.2.7. the suspension of, respectively, the calculation of the net asset value per share/unit, the issue, the redemptions,
or the conversions of the shares/units issued within the master fund in which the Company or any of its Funds invests in
its quality as feeder fund'
- point 19.2.2 in article 19 to allow any sub-fund of the Company to invest in shares of a master fund to the extent
permitted and at the conditions stipulated by the 2010 Law.
- article 26 in order to, inter alia, reflect the new provisions of the 2010 Law with regards to mergers, so as to read
as follows;
" 26.1. The Board of Directors may decide to proceed with a merger (within the meaning of the 2010 Law) of the
assets of the Company or of any Fund with those of (i) another existing Fund within the Company or another compartment
within such other Luxembourg or foreign UCITS (the "New Compartment"), or of (ii) another Luxembourg or foreign
UCITS (the "New UCITS"), and to designate the Shares of the Company or the Fund concerned as Shares of the New
UCITS or the New Compartment, as applicable. The Board of Directors is competent to decide on or approve the
effective date of the merger. Such a merger shall be subject to the conditions and procedures imposed by the 2010 Law,
in particular concerning the merger project to be established by the Board of Directors and the information to be provided
to the Shareholders.
26.2. Notwithstanding the powers conferred to the Board of Directors by the preceding section, a merger (within the
meaning of the 2010 Law) of the assets and of the liabilities attributable to any Fund with another Fund within the Company
may be decided upon by a general meeting of Shareholders of the Fund concerned for which there shall be no quorum
requirements and which will decide upon such a merger by resolutions taken by simple majority of the votes validly cast.
The general meeting of Shareholders of the Fund concerned will decide on the effective date of such a merger it has
initiated within the Company, by resolution taken with no quorum requirement and adopted at a simple majority of the
votes validly cast.
26.3. The Shareholders may also decide a merger (within the meaning of the 2010 Law) of the assets and of the liabilities
attributable to the Company or any Fund with the assets of any New UCITS or New Compartment. Such a merger and
the decision on the effective date of such a merger shall require resolutions of the Shareholders of the Company or Fund
concerned with no quorum requirement and adopted at a simple majority of the votes validly cast.
26.4. Where the Company or any of its Funds is the absorbed entity which, thus, ceases to exist and irrespective of
whether the merger is initiated by the Board of Directors or by the Shareholders, the general meeting of Shareholders
of the Company or of the relevant Fund must decide the effective date of the merger. Such general meeting will decide
by resolution taken with no quorum requirement and adopted at a simple majority of the votes validly cast.
26.5. Shareholders are entitled to request, without any charge other than those retained by the Company or the Fund
to meet divestment costs, the repurchase or redemption of their Shares, or, if possible, convert them into shares of
another UCITS pursuing a similar investment policy and managed by the Management Company or by any other company
with which the Management Company is linked by common management or control, or by substantial direct or indirect
holding, in accordance with the 2010 Law.
26.6. Any cost associated with the preparation and the completion of the merger shall neither be charged to the
Company nor to the Shareholders.
26.7. Such merger shall be subject to the conditions and procedures imposed by the applicable law and regulations at
the time that the decision to merge is taken.
26.8. In the event that the Board of Directors believes it is required for the interests of the Shareholders of the relevant
Fund or that a change in the economic or political situation relating to the Fund concerned has occurred which would
justify it, the reorganisation of one Fund, by means of a division into two or more Funds, may be decided by the Board
of Directors.
26.9. In the event that for any reason the value of the net assets of any Class within a Fund has decreased to, or has
not reached, an amount determined by the Board of Directors to be the minimum level for such Class to be operated
in an economically efficient manner or as a matter of economic rationalization, the Board of Directors may decide to
amend the rights attached to any Class so as to include them in any other existing Class and re-designate the Shares of
the Class or Classes concerned as Shares of another Class. Such decision will be subject to the right of the relevant
Shareholders to request, without any charges, the redemption of the Shares or, where possible, the conversion of those
Shares into Shares of other Classes within the same Fund or into Shares of other Classes within another Fund.'
The new version of the coordinated articles of Association henceforth have the following wording:
99234
L
U X E M B O U R G
COORDINATED ARTICLES OF ASSOCIATION DATED 25 JUNE 2012
Title I. Name - Registered office - Duration - Purpose - Definitions
Art. 1. Name. There exists among the existing Shareholders and those who may become owners of Shares in the
future, a public limited company ("société anonyme") qualifying as an investment company with variable share capital
("société d'investissement à capital variable") under the name of "Momentum Global Funds" (hereinafter the "Company").
Art. 2. Registered Office.
2.1 The registered office of the Company is established in the commune of Niederanven, Grand Duchy of Luxembourg.
2.2 The Board may decide to transfer the registered office of the Company within the same commune, or from a
commune to another commune within the Grand-Duchy of Luxembourg, if and to the extent permitted by Luxembourg
law and practice relating to commercial companies.
2.3 Branches, subsidiaries or other offices may be established either in the Grand Duchy of Luxembourg or abroad
(but not, in any event in the United States of America, its territories or possessions) by resolution of the Board of
Directors.
2.4 In the event that the Board of Directors determines that extraordinary political, economic, military 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 mea-
sures shall have no effect on the nationality of the Company which, notwithstanding the temporary transfer of its registered
office, shall remain a Luxembourg company.
Art. 3. Duration.
3.1 The Company is incorporated for an unlimited period of time.
3.2 It may be dissolved at any time and without cause by a resolution of the general meeting of Shareholders, adopted
in the manner required for an amendment of these Articles.
Art. 4. Purpose.
4.1 The exclusive purpose of the Company is to invest the funds available to it in Transferable Securities and other
assets permitted by law, with the purpose of spreading investment risks and affording its Shareholders the benefits of its
management of its assets.
4.2 The Company may take any measures and carry out any transaction which it may deem useful for the fulfilment
and development of its purpose to the largest extent permitted under the Law of 17 December 2010 on undertakings
for collective investment, as may be amended from time to time (the "2010 Law").
4.3 The Board of Directors is hereby authorised from time to time to insert / implement detailed procedures, practical
measures and other amendments within the Prospectus to give necessary effect to the powers conferred on the Company
by these Articles, and to ensure that the Prospectus is consistent with the provisions of these Articles.
Art. 5. Definitions. "Articles" means these articles of incorporation of the Company, as amended from time to time.
"Board of Directors" means the board of directors of the Company, from time to time.
"Business Day" has the meaning as disclosed in the Prospectus.
"Class" / "Class of Shares" is a particular class of Shares of a Fund, each Class having its own specific fee structure,
currency, minimum initial investment, holding and subsequent investment requirements as well as distribution channel
and/or targeted investors, where applicable.
"Company" means "Momentum Global Funds".
"Depositary" means any depositary bank as defined under Article 29.1 hereof.
"Designated Person" means any person so designated by the Directors to whom a transfer of Shares (legally or be-
neficially) or by whom a holding of Shares (legally or beneficially) would or, in the opinion of the Directors, might be in
breach of the law or the requirements of any country or governmental authority or result in the Company incurring any
liability or taxation or suffering any other disadvantage which the Company may not otherwise have incurred or suffered.
"Director(s)" means the member(s) of the Board of Directors.
"EU" means the European Union.
"EUR" or "Euro" means the legal currency of the European Monetary Union.
"Fund" means a specific portfolio of assets and liabilities within the Company comprising a separate fund of the Company
and having its own net asset value and represented by separate Classes of Shares.
"Member State" means a member state of the European Union. The states that are contracting parties to the agreement
creating the European Economic Area other than the member states of the European Union, within the limits set forth
by this agreement and related acts, are considered as equivalent to member states of the European Union.
"Money Market Instruments" means instruments normally dealt with on the money market which are liquid, and have
a value which can be accurately determined at any time.
99235
L
U X E M B O U R G
"Net Asset Value per Share" means in relation to each Class of Share, the value per Share determined in accordance
with the provisions set out in the section headed "Calculation of the Net Asset Value per Share" below.
"Prospectus" means the document(s) whereby Shares in the Company are offered to investors and any supplemental
or replacement documentation having similar effect.
"Regulated Market" means a regulated market as defined in the EC Parliament and Council Directive 2004/39/EC dated
21 April 2004 on markets in financial instruments, as amended ("Directive 2004/39/EC").
"Share" means each share within any Class of a Fund of the Company issued and outstanding from time to time.
"Shareholder" means a person recorded as a holder of Shares in the Company's register of shareholders.
"Time" all references to time throughout these Articles shall be references to Luxembourg time, unless otherwise
indicated.
"Transferable Security" means (i) shares in companies and other securities equivalent to shares in companies ("shares"),
(ii) bonds and other forms of securities debt ("debt securities"), and/or (iii) any other negotiable securities which carry
the right to acquire any such transferable securities by subscription or exchange, to the extent they do not qualify as
techniques and instruments as described in Appendix 1 of the Prospectus.
"UCI(s)" means undertaking(s) for collective investment.
"UCITS Directive" means Directive 2009/65/EC of the European Parliament and Council of 13 July 2009 on the co-
ordination of laws, regulations and administrative provisions relating to undertakings for collective investment in
transferable securities ("UCITS"), as amended from time to time.
"U.S. Person" has the meaning as disclosed in the Prospectus.
"USDollar" or "USD" means the legal currency of the United States of America.
"Valuation Day" means a day on which the Net Asset Value per Share of each Fund is determined, as provided in the
Prospectus.
Words importing a masculine gender also include the feminine gender, words importing a singular also include the
plural, and words importing persons or Shareholders also include corporations, partnerships associations and any other
organised group of persons whether incorporated or not.
Title II. Share capital - Shares - Net asset value
Art. 6. Share Capital - Classes of Shares.
6.1 The share capital of the Company shall be represented by fully paid up Shares of no par value and shall at any time
be equal to the total net assets of the Company calculated pursuant to Article 12 hereof. The minimum capital shall be
as provided by the 2010 Law, i.e. the equivalent in USD of one million two hundred and fifty thousand Euro (EUR
1,250,000.-). Such minimum capital must be reached within a period of six (6) months after the date on which the Company
has been authorised as a collective investment undertaking under the 2010 Law.
6.2 The initial issued share capital of the Company is the equivalent in USD of thirty five thousand Euro (EUR 35,000)
divided into three hundred and fifty (350) Shares of no par value.
6.3 The Shares of a Fund to be issued pursuant to Articles 7 and 8 hereof may, as the Board of Directors shall determine,
be of different Classes. The proceeds of the issue of each Share shall be invested in Transferable Securities of any kind
and any other assets permitted by the 2010 Law and Luxembourg regulations pursuant to the investment policy deter-
mined by the Board of Directors for a Fund established in respect of the relevant Shares, subject to the investment
restrictions provided by the 2010 Law and Luxembourg regulations or determined by the Board of Directors.
6.4 The Board of Directors shall establish a portfolio of assets constituting a Fund within the meaning of Article 181
of the 2010 Law for each Class of Shares or for two or more Classes of Shares in the manner described in Article 12.2
III hereof. The assets of each Fund will be segregated from one another and will be invested in accordance with the
investment objectives and investment policies applicable to each such Fund. Each portfolio of assets shall be invested for
the exclusive benefit of the relevant Fund and each Fund shall only be responsible for the obligations attributable to that
Fund, i.e. the assets of a Fund are exclusively available to satisfy the rights of investors in relation to that Fund and the
rights of creditors whose claims have arisen in connection with the creation and operation of that Fund.
6.5 The Board of Directors may create each Fund or Class of Shares for an unlimited or limited period of time; in the
latter case, the Board of Directors may, at the expiry of the initial period of time, extend the duration of the relevant
Fund or Class of Shares once or several times. At expiry of the duration of the Fund or Class of Shares, the Company
shall redeem all the Shares in the relevant Class(es) of Shares, in accordance with the provisions of Article 9 below. At
each prorogation of a Fund or Class of Shares, the affected Shareholders shall be duly notified.
6.6 The Board of Directors, acting in the best interest of the Company, may decide, in the manner described in the
Prospectus of the Company, that all or part of the assets of two or more Funds be co-managed or, where applicable, to
co-manage all or part of the assets of one or more Funds with the assets of other Luxembourg investment funds or of
one or more funds of other Luxembourg investment funds for which the Company's Depositary is the appointed custodian
bank.
6.7 For the purpose of determining the share capital of the Company, the net assets attributable to each Fund shall, if
not expressed in USD, be converted into USD and the capital shall be the total aggregate of the net assets of each Fund.
99236
L
U X E M B O U R G
Art. 7. Form of Shares.
7.1 The Board of Directors shall determine whether the Company shall issue Shares in bearer and/or in registered
form. If bearer Share certificates are to be issued, they will be issued in such denominations as the Board of Directors
shall prescribe and shall provide on their face that they may not be transferred to / held by any U.S. Person, resident,
citizen of the United States of America or entity organized by or for a U.S. Person.
All issued registered Shares of the Company shall be registered in the register of Shareholders which shall be kept by
the Company or by any entity designated to do so by the Company, and such register shall contain the name of each
owner of registered Shares, his residence or elected domicile as indicated to the Company and the number of registered
Shares held by him, and any other information the Directors may stipulate.
The inscription of the Shareholder's name in the register of Shareholders evidences his right of ownership on such
registered Shares. Evidence of such inscription shall be delivered upon request to the Shareholder.
If bearer Shares are issued, registered Shares may be converted into bearer Shares and bearer Shares may be converted
into registered Shares at the request of the holder of such Shares. A conversion of registered Shares into bearer Shares
will be effected by adequate representation that the transferee is not a U.S. Person and issuance of one or more bearer
Share certificates, and an entry shall be made in the register of Shareholders to evidence such conversion. A conversion
of bearer Shares into registered Shares will be effected by cancellation of the bearer Share certificate and an entry shall
be made in the register of Shareholders to evidence such issuance. At the option of the Board of Directors, the costs of
any such conversion may be charged to the Shareholder requesting it.
Before Shares are issued in bearer form and before registered Shares shall be converted into bearer Shares, the
Company may stipulate conditions satisfactory to the Board of Directors to ensure such issuance or conversion shall not
result in such Shares being held by a U.S. Person.
The bearer Share certificates shall be signed by two Directors. Such signatures shall be either manual, or printed, or
in facsimile. The certificates will remain valid even if the list of authorized signatures of the Company is modified. However,
one of such signatures may be made by a person duly authorized thereto by the Board of Directors; in the latter case, it
shall be manual.
7.2 If bearer Shares are issued, transfer of bearer Shares shall be effected by delivery of the relevant Share certificates.
Transfer of registered Shares shall be effected by a 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 therefor. Any transfer of registered Shares shall be entered into the register of Shareholders; such entry shall be
signed by one or more Directors or officers of the Company or by one or more other persons duly authorized thereto
by the Board of Directors.
7.3 Shareholders entitled to receive registered Shares shall provide the Company with an address to which all notices
and announcements may be sent. Such address will also be entered into the register of Shareholders.
In the event that a Shareholder does not provide an address, the Company may permit a notice to this effect to be
entered into the register of Shareholders and the Shareholder's address will be deemed to be at the last address on
record of such Shareholder, until another address shall be provided to the Company by such Shareholder. A Shareholder
may, at any time, change his address as entered into the register of Shareholders by means of a written notification to
the Company at its registered office, or at such other address as may be set by the Company from time to time, together
with such proof of address the Company may require.
7.4 If any bearer Shareholder can prove to the satisfaction of the Company that his Share certificate has been mislaid,
mutilated or destroyed, then, at his request, a duplicate Share certificate may be issued under such conditions and gua-
rantees, including but not restricted to a bond issued by an insurance company, as the Company may determine. At the
issuance of the new Share certificate, on which it shall be recorded that it is a duplicate, the original Share certificate in
replacement of which the new one has been issued shall become void.
Mutilated Share certificates may be cancelled by the Company and replaced by new certificates.
The Company may, at its election, charge to the bearer Shareholder the costs of a duplicate or of a new Share certificate
and all reasonable expenses incurred by the Company in connection with the issue and registration thereof or in con-
nection with the annulment of the original Share certificate.
7.5 The Company recognizes only one single owner per Share. If one or more Shares are jointly owned or if the
ownership of such Share(s) is disputed, all persons claiming a right to such Share(s) shall be required to appoint a single
holder under power of attorney to represent such Share(s) subject to conditions prescribed by the Company. The failure
to appoint such attorney in accordance with conditions prescribed by the Company shall constitute a suspension of all
rights attached to such Share(s).
7.6 The Company may decide to issue fractional Shares. Such fractional Shares shall not be entitled to vote, except in
relation to a full Share in which case such Share will confer a voting right, but fractional Shares shall be entitled to participate
in the net assets attributable to the relevant Class of Shares on a pro rata basis. In the case of bearer Shares, only certificates
evidencing full Shares will be issued.
99237
L
U X E M B O U R G
Art. 8. Issue of Shares.
8.1 The Board of Directors is authorised without limitation to issue an unlimited number of fully paid up Shares at any
time without reserving to the existing Shareholders a preferential right to subscribe for the Shares to be issued.
8.2 The Board of Directors may impose restrictions on the frequency at which Shares shall be issued in any Class of
Shares. The Board of Directors may, in particular, decide that Shares of any Class of Shares shall only be issued during
one or more offering periods or according to other periodicity as provided for in the Prospectus.
8.3 Furthermore, the Board of Directors may impose restrictions in relation to the minimum amount of the aggregate
Net Asset Value of Shares to be initially subscribed, the minimum amount of any additional investments and the minimum
of any holding of Shares.
8.4 Whenever the Company offers Shares for subscription, the price per Share at which such Shares are offered shall
be the Net Asset Value per Share of the relevant Class as determined in compliance with Article 12 hereof on such
Valuation Day and with such policy as the Board of Directors may from time to time put in place. Such price may be
increased by a percentage estimate of costs and expenses to be incurred by the Company when investing the proceeds
of the issue and by applicable sales commissions, if any, and such other amounts as may more fully be set out in the
Prospectus.
8.5 The issue price per Share so determined shall be payable within a period as determined by the Board of Directors
which shall not exceed ten (10) Business Days from the relevant Valuation Day.
8.6 Where an applicant for Shares fails to pay settlement monies on subscription or to provide a completed application
form by the due date, the Board of Directors may cancel the allotment or, if applicable, redeem the Shares. If requested
by a Shareholder, such redemption proceeds may, in the discretion of the Directors, be paid in currencies other than the
designated currency of the relevant Share Class. The applicant shall be liable to indemnify the Company against any and
all losses, costs or expenses incurred (as conclusively determined by the Board of Directors in its discretion) directly or
indirectly as a result of the applicant's failure to make timely settlement. In computing such loss, account shall be taken,
where appropriate, of any movement in the price of the Shares concerned between allotment and cancellation or re-
demption and the costs incurred by the Company in taking proceedings against the applicant.
8.7 No request for conversion or redemption of a Share shall be accepted unless the issue price for such Share has
been paid and any confirmation delivered in accordance with this Article.
8.8 The Company may agree to issue Shares as consideration for a contribution in kind of securities, in compliance
with the conditions set forth by Luxembourg law, in particular the obligation, if applicable, to deliver a valuation report
from the independent auditor of the Company ("réviseur d'entreprises indépendant"). The securities to be delivered by
way of a contribution in kind must correspond to the investment policy and restrictions of the Fund to which they are
contributed. Any costs incurred in connection with a contribution in kind of securities shall be borne by the relevant
Shareholders.
Art. 9. Redemption of Shares.
9.1 Under the terms and procedures set forth by the Board of Directors in the Prospectus and within the limits
provided by law and these Articles, any Shareholder may at any time request the redemption of all or part of his Shares
in the Company.
9.2 The Board of Directors may impose restrictions on the frequency at which Shares may be redeemed in any Class
of Shares; in particular, Shares of any Class shall only be redeemed on such Valuation Days as provided for in the Pros-
pectus.
9.3 Subject to the provisions of Article 13 hereof, the redemption price per Share shall be paid within such period as
may be determined by the Board of Directors in its discretion from time to time, but which shall not, in any event, exceed
ten (10) Business Days from the Valuation Day which next follows receipt of such redemption request, provided that the
Share certificates (if any) and such instruments for redemption as may be required by the Board of Directors have been
received, and are in a form which is satisfactory to the Company.
9.4 The redemption price shall be equal to the Net Asset Value per Share of the relevant Class, as determined in
accordance with the provisions of Article 12 hereof, less such charges and commissions (if any) at the rate provided for
in the Prospectus. Unless otherwise provided for in the Prospectus, such price may be decreased by a percentage estimate
of costs and expenses to be incurred by the Company when disposing of assets in order to pay the redemption proceeds
to redeeming Shareholders. Furthermore, the redemption price may be rounded up or down to no less than 2 decimal
places or such number of decimal places as the Board of Directors shall determine in its discretion.
9.5 If as a result of any request for redemption, the number or the aggregate Net Asset Value of the Shares held by
any Shareholder would fall below the minimum subscription amount as set out in the Prospectus or such Net Asset Value
as determined by the Board of Directors in its discretion from time to time, then the Company may decide that this
request be treated as a request for redemption for the full balance of such Shareholder's holding of Shares as more fully
set out in the Prospectus.
9.6 The Board of Directors may decide to make compulsory the redemption of all the Shares held by a Shareholder
in those circumstances set out in the Prospectus and including cases where the aggregate Net Asset Value of Shares held
by such Shareholder falls below such value as determined by the Board of Directors in its discretion.
99238
L
U X E M B O U R G
9.7 As more fully set out in the Prospectus, if on any given date, redemption requests pursuant to this Article and
conversion requests pursuant to Article 10 hereof, exceed a certain level determined by the Board of Directors (as
disclosed in the Prospectus) in relation to the number of Shares in issue in a Class, the Board of Directors may decide
that part or all of such requests for redemption or conversion will be deferred for a period and in a manner that the
Board of Directors considers to be in the best interests of the Company. On the next Valuation Day following that period,
these redemption and conversion requests will be met in priority to later requests.
9.8 The Company shall have the right, if the Board of Directors so determines, to satisfy payment of the redemption
price to any Shareholder who agrees, in specie by allocating to the Shareholder investments from the portfolio of assets
in such Class or Classes of Shares equal in value (as calculated in the manner described in Article 12 hereof) on the
Valuation Day on which the redemption price is calculated to the value of the Shares to be redeemed. The nature and
type of assets to be transferred in such case shall be determined on a fair and reasonable basis that does not prejudice
the interests of the other Shareholders of the Class or Classes of Shares, and, to the extent required by law, the valuation
used shall be confirmed by a special report of the auditor of the Company. Any costs incurred to make such transfers
shall, at the election of the Directors, be borne by the Shareholder.
9.9 All redeemed Shares shall be cancelled.
Art. 10. Conversion of Shares.
10.1 Any Shareholder is entitled to request the conversion of whole or part of his Shares in one Fund into Shares of
another Fund or in one Share Class into another Share Class of the same Fund, provided that the Board of Directors
may: (i) at its absolute discretion reject any request for the conversion of Shares in whole or in part; (ii) set restrictions,
terms and conditions as to the right to and frequency of conversions between certain Funds and Share Classes; (iii) subject
to the payment of such charges and commissions as the Board of Directors shall determine (unless otherwise provided
for in the Prospectus).
10.2 The price for the conversion of Shares shall be computed by reference to the respective Net Asset Values per
Share of the two Funds or the two Share Classes concerned, determined on the same Valuation Day.
10.3 If as a result of any request for conversion the number or the aggregate Net Asset Value of the Shares held by
any Shareholder in any Fund or Class of Shares would fall below such minimum number or value as determined by the
Board of Directors, then the Company may decide that this request be treated as a request for conversion for the full
balance of such Shareholder's holding of Shares in such Class or Fund.
10.4 The Shares which have been converted into Shares of another Fund or of another Share Class within the same
Fund shall be cancelled.
10.5 Any costs incurred to make such transfers shall, at the election of the Directors, be borne by the Shareholder.
Art. 11. Restrictions on Ownership of Shares.
11.1 The Company may restrict or prevent the ownership of Shares in the Company by any person, firm or corporate
body, if in the opinion of the Company such holding may be detrimental to the Company, if it may result in a breach of
any law or regulation, whether Luxembourg or foreign, or if as a result thereof the Company may become subject to
laws other than those of the Grand Duchy of Luxembourg (including but without limitation tax laws).
11.2 Specifically, but without limitation, the Company hereby restricts the ownership of Shares in the Company by
any U.S. Person or any Designated Person, and for such purposes the Company :
11.2.1 will decline to issue any Shares and decline to register any transfer of Shares where it appears to it that such
registration or transfer would or might result in the legal or beneficial ownership of such Shares by a U.S. Person or by
any Designated Person; and
11.2.2 may 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 in a
U.S. Person or any Designated Person, or whether such entry in the register will result in the beneficial ownership of
such Shares by a U.S. Person or any Designated Person; and
11.2.3 will decline to accept the vote of any U.S. Person or any Designated Person at any meeting of Shareholders of
the Company.
11.3 Where it appears to the Company that: (i) any U.S. Person or any Designated Person either alone or in conjunction
with any other person is a beneficial owner of Shares; or that (ii) the aggregate Net Asset Value of Shares or the number
of Shares held by a Shareholder falls below such value or number of Shares respectively as determined by the Board of
Directors of the Company, or (iii) where in exceptional circumstances the Board of Directors determines that a com-
pulsory redemption is required pursuant to the Prospectus or in the interest of the other Shareholders, the Company
may compulsorily redeem or cause to be redeemed from any such Shareholder all Shares held by such Shareholder in
the manner prescribed pursuant to the Prospectus.
Art. 12. Calculation of the Net Asset Value per Share.
12.1 The Net Asset Value per Share of each Fund or Class shall be expressed in the reference currency (as defined in
the Prospectus) of the relevant Fund or Class concerned and shall be determined on any Valuation Day by dividing the
99239
L
U X E M B O U R G
net assets of the Company attributable to each Fund, being the value of the portion of assets less the portion of liabilities
attributable to such Fund, on any such Valuation Day, by the number of Shares in the relevant Fund then outstanding, in
accordance with the valuation rules set forth below. The Net Asset Value per Share may be rounded up or down to two
(2) decimal places or such number of decimal places as the Directors shall determine. If, since the time of determination
of the Net Asset Value, there has been a material change in the quotations in the markets on which a substantial portion
of the investments attributable to a Fund are transacted or quoted, the Company may, in order to safeguard the interests
of the Shareholders and the Company, cancel the first valuation and carry out a second valuation. In such a case, ins-
tructions for subscription, redemption or conversion of Shares shall be executed on the basis of the second Net Asset
Value calculation. Without limiting the aforegoing, the Directors may also determine additional Valuation Days as may
be required in their discretion.
12.2 The valuation of the Net Asset Value of each Fund shall be made in the following manner:
I. The assets of the Company shall include:
1) all cash on hand or on deposit, including any interest accrued thereon;
2) all bills and demand notes payable and accounts receivable (including proceeds of securities sold but not delivered);
3) all bonds, time notes, certificates of deposit, shares, stock, debentures, debenture stocks, subscription rights, war-
rants, options and other securities, financial instruments and similar assets owned or contracted for by the Company
(provided that the Company may make adjustments in a manner not inconsistent with paragraph (a) below with regards
to fluctuations in the market value of securities caused by trading ex-dividends, ex-rights, or by similar practices);
4) all stock dividends, cash dividends and cash distributions receivable by the Company to the extent information
thereon is reasonably available to the Company;
5) all interest accrued on any interest-bearing securities owned by the Company except to the extent that the same
is included or reflected in the principal amount of such securities;
6) the primary expenses of the Company, insofar as they have not been amortized;
7) all other assets of any kind and nature including expenses paid in advance.
The valuation of assets of each Fund of the Company shall be calculated in the following manner:
(A) Transferable Securities and Money Market Instruments which are quoted, listed or traded on a Regulated Market
will be valued at last traded market prices or the closing market price, the mid-market price or the latest market price,
as appropriate. Where a security is listed or traded on more than one Regulated Market, the relevant exchange or market
to be used shall be the principal stock exchange or market on which the security is listed or traded, in the discretion of
the Company. Investments listed or traded on a Regulated Market, but acquired or traded at a premium or at a discount
outside or off the relevant exchange or market may be valued taking into account the level of premium or discount on
the Valuation Day provided that a competent person (having been appointed by the Directors) shall be satisfied that the
adoption of such a procedure is justifiable in the context of establishing the probable realisation value of the security.
(B) The value of any Transferable Security which is not quoted, listed or traded on a Regulated Market or which is so
quoted, listed or traded in but for which no such quotation or value is available or the available quotation or value is not
representative shall be the probable realisation value as estimated with care and good faith by (i) the Directors or (ii) a
competent person, firm or corporation (including the Investment Manager) selected by the Directors or (iii) any other
means agreed by the Directors. Where reliable market quotations are not available for fixed income securities the value
of such securities may be determined using matrix methodology compiled by the Directors in their discretion whereby
such securities are valued by reference to the valuation of other securities which are comparable in rating, yield, due date
and other characteristics.
(C) The values of any cash in hand or on deposit, bills and demand notes payable and accounts receivable, prepaid
expenses, cash dividends and interest declared or accrued as aforesaid and not yet received are deemed to be the full
amount thereof, unless in any case the same is unlikely to be paid or received in full, in which case the value thereof is
arrived at after making such adjustments as the Directors may consider appropriate to reflect the true values thereof.
(D) The liquid value of futures, forward or options contracts not admitted to official listing on any stock exchange or
traded on any regulated market shall mean their net liquid values determined, pursuant to policies established prudently
and in good faith by the Directors, on a basis consistently applied for each type of contract. The liquid value of futures,
forward and options contracts admitted to official listing on any stock exchange or traded on any regulated market shall
be based upon the last available closing or settlement prices of these contracts on stock exchanges and regulated markets
on which the particular futures, forward or options contracts are traded on behalf of the Company; provided that if for
any reason such valuations are not obtainable on the relevant Valuation Day, 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) Forward foreign exchange contracts shall be valued in the same manner as derivatives contracts which are not
traded on a Regulated Market or by reference to freely available market quotations.
(F) Interest rate swaps will be valued on the basis of their market value established by reference to the applicable
interest rate curve.
99240
L
U X E M B O U R G
Swaps pegged to indexes or financial instruments shall be valued at their market value, based on the applicable index
or financial instrument. The valuation of the swaps tied to such indexes or financial instruments shall be based upon the
market value of said swaps, in accordance with the procedures laid down by the Directors.
Credit default swaps are valued on the frequency of the Net Asset Value founding on a market value obtained by
external price providers. The calculation of the market value is based on the credit risk of the reference party respectively
the issuer, the maturity of the credit default swap and its liquidity on the secondary market. The valuation method is
recognised by the Directors of the Company and checked by the auditors.
Total return swaps or total rate of return swaps ("TRORS") will be valued at fair value under procedures approved
by the Directors. As these swaps are not exchange-traded, but are private contracts into which the Company and a swap
counterparty enter as principals, the data inputs for valuation models are usually established by reference to active mar-
kets. Such market data may not always be available for total return swaps or TRORS on the Valuation Day. In such cases,
quoted market data for similar instruments (e.g. a different underlying instrument for the same or a similar reference
entity) will be used subject to appropriate adjustments being to reflect any differences between the total return swaps
or TRORS being valued and the similar financial instrument for which a price is available. Market data and prices may be
sourced from exchanges, a broker, an external pricing agency or other information suppliers.
If no such market data is available, total return swaps or TRORS will be valued at their fair value pursuant to a valuation
method adopted by the Directors which shall be a valuation method widely accepted as best market practice (i.e. as used
by active participants for setting prices in the market place or as proven to provide reliable estimate of market prices)
provided that adjustments that the Directors deem fair and reasonable may be made. The Company's auditors will review
the appropriateness of the valuation methodology used in valuing total return swaps or TRORS. The Company will always
value total return swaps or TRORS on an arms-length basis.
All other swaps, will be valued at fair value as determined in good faith pursuant to procedures established by the
Directors.
(G) The value of contracts for differences will be based, on the value of the underlying assets and vary in accordance
therewith. Contracts for differences will be valued at fair market value, as determined in good faith pursuant to procedures
established by the Directors.
(H) Notwithstanding paragraph (A) above, units in collective investment schemes shall be valued at the latest available
net asset value per unit or at mid price as published by the relevant collective investment scheme or, if listed or traded
on a Regulated Market, in accordance with (A) above.
(I) The Directors may value securities with a residual maturity not exceeding three months and having no specific
sensitivity to market parameters (including credit risk), using the amortised cost method of valuation.
(J) Money Market Instruments with a remaining maturity of ninety (90) days or less will be valued by the amortised
cost method. which approximates market value.
(K) The Directors may adjust the value of any investment if, having regard to its currency, marketability, applicable
interest rates, anticipated rates of dividend, maturity, liquidity or other relevant criteria, they consider that such adjust-
ment is required to reflect the fair value thereof.
(L) Any value expressed other than in the base currency of the relevant Fund shall be converted into the base currency
of the relevant Fund at the prevailing exchange rate (whether official or otherwise) that the Directors shall determine
from time to time to be appropriate.
(M) Where the value of any investment is not ascertainable as described above, the value shall be the probable reali-
sation value estimated by the Directors with care and in good faith or by a competent person appointed by the Directors.
(N) If the Directors deem it necessary, a specific investment may be valued using an alternative method of valuation
chosen by them.
To the extent that the Directors considers that it is in the best interests of the Company, given the prevailing market
conditions and the level of subscriptions or redemptions requested by Shareholders in relation to the size of any Fund,
an adjustment, as determined by the Directors at their discretion, may be reflected in the Net Asset Value of the Fund
for such sum as may represent the percentage estimate of costs and expenses which may be incurred by the relevant
Fund under such conditions.
The Directors may in their discretion permit another method of valuation to be used if they consider that such method
is a better estimate of value generally, or in particular markets or market conditions and is in accordance with good
practice.
II. The liabilities of the Company shall include:
1) all loans, bills and accounts payable;
2) all accrued interest on loans of the Company (including accrued fees for commitment for such loans);
3) all accrued or payable expenses, including, but not limited to, administrative expenses investment advisory and/or
management fees, incentive fees, Depositary and paying agent fees, administrator fees, listing fees, domiciliary and cor-
porate agent fees, auditors' and legal fees;
4) 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 Company;
99241
L
U X E M B O U R G
5) an appropriate provision for future taxes based on capital and income to the Valuation Day, as determined from
time to time by the Company, and other reserves, if any, authorised and approved by the Board of Directors;
6) the formation expenses of the Company insofar as the same have not been amortized; and
7) all other liabilities of the Company of whatsoever kind and nature except liabilities represented by Shares in the
Company.
In determining the amount of such other liabilities, the Company shall take into account all expenses payable by the
Company which shall comprise promotion, printing, formation expenses, performance fees, fees and expenses payable
to its investment administrator, adviser, if any, and/or manager, subinvestment manager, currency and/or derivative over-
lay manager(s), auditors and accountants, Depositary and its correspondents, domiciliary and corporate agent, registrar
and transfer agent, listing agent, any paying agent, any permanent representatives in places of registration, as well as any
other agent employed by the Company, the remuneration of the Directors (if any) and their reasonable out-of-pocket
expenses, insurance coverage, and reasonable travelling costs in connection with board meetings, fees and expenses for
legal and auditing services, any fees and expenses involved in registering and maintaining the registration of the Company
with any governmental agencies or stock exchanges in the Grand Duchy of Luxembourg and in any other country,
reporting and publishing expenses, including the cost of advertising, preparing, translating, printing and distributing of
prospectuses, explanatory memoranda, Company documentation or registration statements, annual and semi-annual re-
ports, the costs of any reports to shareholders, all taxes, duties, governmental and similar charges, and all other operating
expenses, including the cost of buying and selling assets, interest, bank charges and brokerage, postage, telephone, facsimile
and other electronic means of communication.
The Company 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.
The value of all assets and liabilities not expressed in the reference currency of a Fund or Class will be converted into
the reference currency of such Fund or Class at the rate of exchange determined on the relevant Valuation Day in good
faith by or under procedures established by the Board of Directors.
The Board of Directors, in its absolute discretion, may permit some other method of valuation to be used if it considers
that such valuation better reflects the fair value of any asset and / or liability of the Company.
III. The assets shall be allocated as follows:
The Board of Directors shall establish a Fund in respect of each Class of Shares and may establish a Fund in respect
of two or more Classes of Shares in the following manner:
1) if two or more Classes of Shares relate to one Fund, the assets attributable to such Classes shall be commonly
invested pursuant to the specific investment policy of the Fund concerned. Within a Fund, Classes of Shares may be
defined from time to time by the Board of Directors so as to correspond to: (i) a specific distribution policy, such as
entitling to distributions ("distribution Shares") or not entitling to distributions ("capitalisation Shares"); and/or (ii) a
specific sales and redemption charge structure; and/or (iii) a specific management or advisory fee structure; and/or (iv) a
specific assignment of distribution, Shareholder services or other fees; and/or (v) a specific type of investor; and/or (vi) a
specific currency; (vii) the use of different hedging techniques; and/or (viii) any other specific features applicable to one
Class of Shares;
2) the proceeds to be received from the issue of Shares of a Class shall be applied in the books of the Company to
the Fund corresponding to that Class of Shares, provided that if several Classes of Shares are issued in such Fund, the
relevant amount shall increase the proportion of the net assets of such Fund attributable to the Class of Shares to be
issued;
3) the assets and liabilities and the income and expenditure applied to a Fund shall be attributable to the Class or
Classes of Shares corresponding to such Fund;
4) where any asset is derived from another asset, such derivative asset, where applicable, shall be applied in the books
of the Company to the same Fund as the asset from which it was derived and on each revaluation of an asset, the increase
or decrease in value shall be applied to the relevant Fund;
5) where the Company incurs a liability which relates to any asset of a particular Fund or to any action taken in
connection with an asset of a particular Fund, such liability shall be allocated to the relevant Fund;
6) in the case where any asset or liability of the Company cannot be considered as being attributable to a particular
Fund, such asset or liability shall be allocated to all the Funds pro rata to the Net Asset Value of the relevant Classes of
Shares or in such other manner as determined by the Board of Directors acting in good faith, provided that (i) where
assets, on behalf of several Funds are held in one account and/or are co-managed as a segregated pool of assets by an
agent of the Board of Directors, the respective right of each Class of Shares shall correspond to the prorated portion
resulting from the contribution of the relevant Class of Shares to the relevant account or pool, and (ii) the right shall vary
in accordance with the contributions and withdrawals made for the account of the Class of Shares, as described in the
Prospectus; and
All valuation rules and determinations shall be interpreted and made in accordance with generally accepted accounting
principles.
99242
L
U X E M B O U R G
In the absence of fraud, bad faith, gross negligence or manifest error, every decision in calculating the Net Asset Value
taken by the Board of Directors or by any bank, company or other organisation which the Board of Directors may appoint
for the purpose of calculating the Net Asset Value, shall be final and binding on the Company and present, past or future
Shareholders, subject to Article 12.1 hereof.
IV. For the purpose of this Article:
1) Shares of the Company to be redeemed under Article 9 hereof shall be treated as existing and taken into account
until immediately after the time specified by the Board of Directors on the Valuation Day on which such redemption is
made and from such time and until paid by the Company the price therefore shall be deemed to be a liability of the
Company;
2) Shares to be issued by the Company shall be treated as being in issue as from the time specified by the Board of
Directors on the Valuation Day on which such issue is made and from such time and until the price is received by the
Company. The price therefore shall be deemed to be a debt due to the Company;
3) all investments, cash balances and other assets expressed in currencies other than the reference currency of the
relevant Fund shall be valued after taking into account the rates of exchange as determined by the Board of Directors
for determination of the Net Asset Value of Shares; and
Art. 13. Frequency and Temporary Suspension of Calculation of Net Asset Value per Share, of Issue, Redemption and
Conversion of Shares.
13.1 With respect to each Class of Shares, the Net Asset Value per Share and the price for the issue, redemption and
conversion of Shares shall be calculated from time to time by the Company or any agent appointed thereto by the
Company, at least twice a month at a frequency determined by the Board of Directors and determined in the Prospectus,
such date or time of determination being the Valuation Day.
13.2 The Company may, as more fully set out in the Prospectus, temporarily suspend the determination of the Net
Asset Value per Share of any particular Fund and the issue and redemption of its Shares to and from its Shareholders as
well as the conversion from and to Shares of each Fund:
13.2.1 during the whole or part of any period (other than for ordinary holidays or customary weekends) when any of
the Regulated Markets on which the Company's investments are quoted, listed or traded are closed or during which
dealings therein are restricted or suspended or trading is suspended or restricted; or
13.2.2 during the whole or part of any period when circumstances outside the control of the Directors exist as a result
of which any disposal or valuation by the Company of investments of the Fund is not reasonably practicable or would be
detrimental to the interests of Shareholders or it is not possible to transfer monies involved in the acquisition or dispo-
sition of investments to or from the relevant account of the Company; or
13.2.3 during the whole or part of any period when any breakdown occurs in the communication media normally
employed in determining the price or value of any of any of the Company's investments of the relevant Fund; or
13.2.4 during the whole or any part of any period when for any other reason the price or value of any of the Company's
investments cannot be reasonably, promptly or accurately ascertained; or
13.2.5 during the whole or any part of any period when subscription proceeds cannot be transmitted to or from the
account of the Company or the Fund is unable to repatriate funds required for making redemption payments or when
such payments cannot, in the opinion of the Directors, be carried out at normal rates of exchange; or
13.2.6 following a possible decision to merge, liquidate or dissolve the Company or, if applicable, one or several Funds;
or
13.2.7 following the suspension of, respectively, the calculation of the net asset value per share/unit, the issue, the
redemptions or the conversions of the shares/units issued within the master fund in which the Company or any of its
Funds invests in its quality as feeder fund; or
13.2.8 if any other reason makes it impossible or impracticable to determine the value of a portion of the investments
of the Company or any Fund; or
13.2.9 if, in exceptional circumstances, the Directors determine that suspension of the determination of Net Asset
Value is in the interest of Shareholders (or Shareholders in that Fund as appropriate).
13.3 Any such suspension shall be published, if appropriate, by the Company and may be notified to Shareholders
having made an application for subscription, redemption or conversion of Shares for which the calculation of the Net
Asset Value has been suspended.
13.4 Such suspension as to any Fund shall have no effect on the calculation of the Net Asset Value per Share, the issue,
redemption and conversion of Shares of any other Fund if the assets within such other Fund are not affected to the same
extent by the same circumstances.
13.5 Any request for subscription, redemption or conversion shall be irrevocable except in the event of a suspension
of the calculation of the Net Asset Value per Share.
99243
L
U X E M B O U R G
Title III. Administration and Supervision
Art. 14. Board of Directors.
14.1 The Company shall be managed by the Board of Directors composed of not less than three members, who need
not be Shareholders of the Company. They shall be elected for a term not exceeding six years. The Directors shall be
elected by the Shareholders at a general meeting of Shareholders. The general meeting of Shareholders shall also deter-
mine the number of Directors, their remuneration and the term of their office.
14.2 Directors shall be elected by the majority of the votes of the Shares validly cast.
14.3 Any Director may be removed with or without cause or be replaced at any time by resolution adopted by the
general meeting.
14.4 In the event of a vacancy in the office of Director, the remaining Directors may temporarily fill such vacancy. The
Shareholders shall take a final decision regarding such nomination at their next general meeting.
Art. 15. Board Meetings.
15.1 The Board of Directors shall choose from among its members a chairman and may choose one or more vice-
chairmen. The Board of Directors may also choose a secretary (who need not be a director) who shall write and keep
the minutes of the meetings of the Board of Directors and of the Shareholders. Either the chairman or any two directors
may at any time summon a meeting of the Directors by notice in writing to every director which notice shall set forth
the general nature of the business to be considered and the place at which the meeting is to be convened.
15.2 Written notice of any meeting of the Board of Directors shall be given to all Directors at least twenty-four hours
prior to the date set for such meeting, except in circumstances of emergency, in which case the nature of such circums-
tances shall be set forth in the notice of meeting. This notice may be waived by consent in writing by mail, e-mail, facsimile
or any other similar means of communication, or when all Directors are present or represented at the meeting. Separate
notice shall not be required for meetings held at times and places fixed in a resolution adopted by the Board of Directors.
15.3 The chairman shall preside at the meetings of the Directors and of the Shareholders. In his absence, the Share-
holders or the Directors shall decide by a majority vote that another Director, or in the case of a Shareholders' meeting,
that any other person shall be in the chair of such meetings.
15.4 The Board of Directors may from time to time and at any time by powers of attorney appoint any company, firm,
person or body of persons, whether nominated directly or indirectly by the Board of Directors, to be the attorney or
attorneys of the Company for such purpose and with such powers, authorities and discretions (not exceeding those
vested in or exercisable by the Board of Directors under these Articles) and for such period and subject to such conditions
as they may think fit, and any such powers of attorney may contain such provisions for the protection and convenience
of persons dealing with any such attorneys as the Board of Directors may think fit and may also authorise any such
attorney to delegate all or any of the powers, authorities and discretions vested in him.
15.5 Any Director may act at any meeting by appointing in writing, by mail, e-mail or facsimile or any other similar
means of communication another Director as his proxy. A Director may represent several of his colleagues.
15.6 The Directors may only act at duly convened meetings of the Board of Directors. The Directors may not bind
the Company by their individual signatures, except if specifically authorised thereto by resolution of the Board of Direc-
tors.
15.7 The Board of Directors can deliberate or act validly only if at least the majority of the Directors, or any other
number of Directors that the Board of Directors may determine, are present or represented.
15.8 Resolutions of the Board of Directors will be recorded in minutes signed by the chairman of the meeting. Copies
of extracts of such minutes to be produced in judicial proceedings or elsewhere will be validly signed where they are
signed by the chairman of the meeting or any two Directors or any other person appointed by the Board of Directors.
15.9 Unless otherwise provided by law or herein, resolutions are taken by a majority vote of the Directors present
or represented. In the event that at any meeting the numbers of votes for or against a resolution are equal, the chairman
of the meeting shall have a deciding vote.
15.10 Resolutions in writing approved and signed by all Directors shall have the same effect as resolutions voted at
the Board of Directors' meetings. Each Director shall approve such resolution in writing, by mail, facsimile or any other
similar means of communication. Such approval shall be confirmed in writing and all documents shall form the record that
proves that such decision has been taken.
15.11 Members of the Board of Directors or of any committee thereof may participate in a meeting of the Board of
Directors or of such committee by means of conference telephone, videoconference, or similar communications equip-
ment whereby all persons participating in the meeting can hear each other and participation in a meeting pursuant to this
provision shall constitute presence in person at such meeting.
Art. 16. Powers of the Board of Directors.
16.1 The Board of Directors is vested with the broadest powers to perform all acts of governance and administration
within the Company's purpose, in compliance with the investment policies as determined in Article 19 hereof.
99244
L
U X E M B O U R G
16.2 All powers not expressly reserved by law or by the present Articles to the general meeting of Shareholders are
in the competence of the Board of Directors.
Art. 17. Corporate Signature. Vis-à-vis third parties, the Company is validly bound by the joint signatures of any two
Directors or by the joint or single signature of any officer(s) of the Company or of any other person(s) to whom authority
has been delegated by the Board of Directors.
Art. 18. Delegation of Powers.
18.1 The Board of Directors may delegate its powers to conduct the daily management and affairs of the Company
(including the right to act as authorised signatory for the Company) and its powers to carry out acts in furtherance of
the corporate policy and purpose to one or several physical persons or corporate entities, which need not be members
of the Board of Directors, who shall have the powers determined by the Board of Directors and who may, if the Board
of Directors so authorises, sub-delegate their powers.
18.2 The Board of Directors may also confer special powers of attorney by notarial or private proxy.
Art. 19. Investment Policies and Restrictions.
19.1 The Board of Directors, based upon the principle of risk spreading, has the power to determine the investment
policies and strategies to be applied in respect of each Fund and the course of conduct of the management and business
affairs of the Company, within the restrictions as shall be set forth by the Board of Directors in compliance with applicable
laws and regulations.
19.2 Within those restrictions, the Board of Directors may decide that investments be made in:
19.2.1 Transferable Securities or Money Market Instruments;
19.2.2 shares or units of other UCIs, including shares of a master fund to the extent permitted and at the conditions
stipulated by the 2010 Law;
19.2.3 deposits with credit institutions, which are repayable on demand or have the right to be withdrawn and which
are maturing in no more than twelve(12) months;
19.2.4 financial derivative instruments.
19.2.5 shares issued by one or several other Funds of the Company under the conditions provided in the 2010 Law.
19.3 The investment policy of the Company may replicate the composition of an index of securities or debt securities
recognized by the Luxembourg supervisory authority.
19.4 The Company may in particular purchase the above mentioned assets on any Regulated Market of a state of
Europe, being or not a Member State, of America, Africa, Asia, Australia or Oceania.
19.5 The Company may also invest in recently issued Transferable Securities and Money Market Instruments, provided
that the terms of issue include an undertaking that application will be made for admission to official listing on a Regulated
Market and that such admission be secured within one year of issue.
19.6 In accordance with the principle of risk spreading, the Company is authorised to invest up to 100% of the net
assets attributable to each Fund in Transferable Securities or Money Market Instruments issued or guaranteed by a
Member State, its local authorities, another member state of the OECD, such non-member state(s) of the OECD as set
out in the Prospectus or public international bodies of which one or more Member States are members being provided
that if the Company uses the possibility described above, it shall hold, on behalf of each relevant Fund, securities belonging
to six different issues at least. The securities belonging to one issue cannot exceed 30% of the total net assets attributable
to that Fund.
19.7 The Board of Directors, acting in the best interest of the Company, may decide, in the manner described in the
Prospectus, that: (i) all or part of the assets of the Company or of any Fund be co-managed on a segregated basis with
other assets held by other investors, including other UCI and/or their funds; or that (ii) all or part of the assets of two
or more Funds of the Company be co-managed amongst themselves on a segregated or on a pooled basis.
19.8 Investments of each Fund of the Company may be made either directly or indirectly through wholly-owned
subsidiaries, as the Board of Directors may from time to time decide and as described in the Prospectus. Reference in
these Articles to "investments" and "assets" shall mean, as appropriate, either investments made and assets beneficially
held directly or investments made and assets beneficially held indirectly through the aforesaid subsidiaries.
19.9 The Company is authorised to employ techniques and instruments relating to Transferable Securities and Money
Market Instruments provided that such techniques and instruments may be used for hedging purposes, for the purpose
of efficient portfolio management.
Art. 20. Conflict of Interest.
20.1 No contract or other transaction between the Company and any other company or firm shall be affected or
invalidated by the fact that any one or more of the Board of Directors or officers of the Company is interested in, or is
a director, associate, officer or employee of, such other company or firm. Any Director or officer of the Company who
serves as a director, officer or employee of any company or firm with which the Company shall contract or otherwise
engage in business shall not, by reason of such affiliation with such other company or firm, be prevented from considering
and voting or acting upon any matters with respect to such contract or other business.
99245
L
U X E M B O U R G
20.2 In the event that any Directors or officers of the Company may have an interest in any transaction of the Company
which conflicts with the interests of the Company, such Director or officer shall make known to the Board of Directors
such conflict of 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 general meeting of Shareholders.
20.3 Such conflict of interest as referred to in this Article, shall not include any relationship with or without interest
in any matter, position or transaction involving any affiliated or associated company of any external investment manager
appointed by the Company, or such other person, company or entity as may from time to time be determined by the
Board of Directors in its discretion.
20.4 The Board of Directors is responsible for the implementation of the conflict of interest policy applicable to the
Company.
Art. 21. Indemnification of Directors. Every Director, agent, auditor, or officer of the Company and his personal
representatives shall be indemnified and secured harmless out of the assets of the relevant Fund(s) against all actions,
proceedings, costs, charges, expenses, losses, damages or liabilities ("Losses") incurred or sustained by him in or about
the conduct of the Company's business or affairs or in the execution or discharge of his duties, powers, authorities or
discretions, including Losses incurred by him in defending (whether successfully or otherwise) any civil proceedings con-
cerning the Company in any court whether in Luxembourg or elsewhere. No such person shall be liable: (i) for the acts,
receipts, neglects, defaults or omissions of any other such person; or (ii) by reason of his having joined in any receipt for
money not received by him personally; or (iii) for any loss on account of defect of title to any property of the Company;
or (iv) on account of the insufficiency of any security in or upon which any money of the Company shall be invested; or
(v) for any loss incurred through any bank, broker or other agent; or (vi) for any loss, damage or misfortune whatsoever
which may happen in or arise from the execution or discharge of the duties, powers, authorities, or discretions of his
office or in relation thereto, unless the same shall happen through his own fraud, wilful breach or gross negligence against
the Company. Provided that nothing herein contained shall confer any rights or benefits upon anyone in relation to any
indemnity which is prohibited or rendered void by any provisions of applicable law.
Art. 22. Auditors.
22.1 The accounting data related in the annual report of the Company shall be examined by an auditor ("réviseur
d'entreprises agréé") appointed by the general meeting of Shareholders and remunerated by the Company.
22.2 The auditor shall fulfil all duties prescribed by the 2010 Law.
Title IV. General meetings - Accounting year - Distributions
Art. 23. General Meetings of Shareholders of the Company.
23.1 The general meeting of Shareholders of the Company shall represent the entire body of Shareholders of the
Company. Its resolutions shall be binding upon all the Shareholders regardless of the Class of Shares held by them. It shall
have the broadest powers to order, carry out or ratify acts relating to the operations of the Company.
23.2 The general meeting of Shareholders shall meet upon call by the Board of Directors.
23.3 It may also be called upon the request of Shareholders representing at least one tenth of the share capital of the
Company.
23.4 The annual general meeting shall be held in accordance with Luxembourg law at the registered office or at a place
specified in the notice of meeting, at 3:00 p.m. (Luxembourg time) on the third Thursday of the month of October of
each year. The annual general meeting may be held abroad if the Board of Directors states at its discretion that this is
required by exceptional circumstances.
23.5 If such day is not a Business Day in Luxembourg, the annual general meeting shall be held on the next following
Business Day.
23.6 Other meetings of Shareholders may be held at such places and times as may be specified in the respective notices
of meeting.
23.7 The Board of Directors may convene a general meeting of Shareholders pursuant to a notice setting forth the
agenda published to the extent and in the manner required by Luxembourg law and/or sent at least eight (8) days prior
to the meeting to each registered Shareholder at the Shareholder's address in the register of Shareholders or at such
other address indicated by the relevant Shareholder. No evidence of the giving of such notice to registered Shareholders
is required by the meeting. The agenda shall be prepared by the Board of Directors except in the instance where the
meeting is called on the written demand of the Shareholders in which instance the Board of Directors may prepare a
supplementary agenda.
23.8 Shareholders taking part in a meeting through video-conference or through other means of communication
allowing their identification are deemed to be present for the computation of the quorums and votes. The means of
communication used must allow all the persons taking part in the meeting to hear one another on a continuous basis and
must allow an effective participation of all such persons in the meeting.
23.9 Shareholders representing at least one tenth of the share capital may request the adjunction of one or several
items to the agenda of any general meeting of shareholders. Such a request must be sent to the registered office of the
Company by registered mail five days at the latest before the relevant meeting.
99246
L
U X E M B O U R G
23.10 If bearer shares are issued, the notice of the meeting shall in addition be published as provided by the 2010 Law
in the "Memorial, Recueil des Sociétés et Associations", in one or more Luxembourg newspapers and in such other
newspaper as the Board of Directors may decide. If all shares are in registered form and if no publications are made,
notices to Shareholders may be mailed by registered mail only.
23.11 If all Shareholders are present or represented and consider themselves as being duly convened and informed of
the agenda, the general meeting may take place without notice of meeting.
23.12 The Board of Directors may determine all other conditions that must be fulfilled by Shareholders in order to
attend any meeting of Shareholders.
23.13 The business transacted at any meeting of the Shareholders shall be limited to the matters contained in the
agenda (which shall include all matters required by law) and business incidental to such matters.
23.14 Each Share of whatever Class is entitled to one vote, in compliance with Luxembourg law and these Articles. A
Shareholder may act at any meeting of Shareholders by appointing another person as his proxy in writing, by mail or by
facsimile transmission, who need not be a Shareholder and who may be a Director.
23.15 Unless otherwise provided by law or herein, resolutions of the general meeting of Shareholders are passed by
a simple majority vote of the Shareholders validly cast, regardless of the portion of capital represented. Abstentions and
nihil vote shall not be taken into account.
23.16 Each Shareholder may vote at a general meeting through a signed voting form sent by post, electronic mail,
facsimile or any other means of communication to the Company's registered office or to the address specified in the
convening notice as further disclosed in the Prospectus. The Shareholders may only use voting forms provided by the
Company which contain at least the place, date and time of the meeting, the agenda of the meeting, the proposal submitted
to the decision of the meeting, as well as for each proposal three boxes allowing the shareholder to vote in favour of,
against, or abstain from voting on each proposed resolution by ticking the appropriate box.
23.17 Voting forms which, for a proposed resolution, do not show only (i) a vote in favour or (ii) a vote against the
proposed resolution or (iii) an abstention are void with respect to such resolution. The Company shall only take into
account voting forms received prior to the general meeting which they relate to.
Art. 24. General Meetings of Shareholders of Funds or of Classes of Shares.
24.1 The Shareholders of the Class or Classes issued in respect of any Fund may hold, at any time, general meetings
to decide on any matters which relate exclusively to such Fund.
24.2 In addition, the Shareholders of any Class of Shares may hold, at any time, general meetings to decide on any
matters which relate exclusively to such Class.
24.3 The provisions of Article 23, paragraphs 2, 3, 7, 8, 9, 10, 11, 12, 13 shall apply to such general meetings of
Shareholders.
24.4 Each Share is entitled to one vote in compliance with Luxembourg law and these Articles. Shareholders may act
either in person or by giving a proxy in writing, by mail or by facsimile transmission to another person who need not be
a Shareholder and may be a Director.
24.5 Unless otherwise provided for by law or herein, resolutions of the general meeting of Shareholders of a Fund or
of a Class are passed by a simple majority vote of the Shareholders of the relevant Fund or Class present or represented.
24.6 Any resolution of the general meeting of Shareholders of the Company, affecting the rights of the holders of
Shares of any Class vis-à-vis the rights of the holders of Shares of any other Class or Classes, shall be subject to a resolution
of the general meeting of Shareholders of such Class or Classes in compliance with Article 68 of the law of 10 August
1915 on commercial companies, as amended.
Art. 25. Closure of Funds and/or Classes.
25.1 In the event that for any reason the value of the total net assets in any Fund or Class has decreased to an amount
determined by the Board of Directors to be the minimum level for such Fund or Class to be operated in an economically
efficient manner, or if a change in the economical, political or monetary situation relating to the Fund or Class concerned
would have material adverse consequences on the investments of that Fund or if the range of products offered to investors
is rationalised, the Board of Directors may decide to compulsorily redeem all the Shares of the relevant Class or Classes
issued in such Fund or the relevant Class at the Net Asset Value per Share (taking into account actual realisation prices
of investments and realisation expenses), determined on the Valuation Day at which such decision shall take effect and
therefore close the relevant Fund or Class. The Company shall serve a notice to the Shareholders of the relevant Class
or Classes of Shares prior to the effective date for 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 Fund or Class concerned may continue to request redemption or
conversion of their Shares free of charge (but taking into account actual realisation prices of investments and realisation
expenses) prior to the effective date of the compulsory redemption.
25.2 Notwithstanding the powers conferred to the Board of Directors by paragraph 25.1 of this Article, the general
meeting of Shareholders of any Fund or Class within any Fund may, upon a proposal from the Board of Directors, redeem
all the Shares of the relevant Class within the relevant Fund and refund to the Shareholders the Net Asset Value of their
99247
L
U X E M B O U R G
Shares (taking into account actual realisation prices of investments and realisation expenses) determined on the Valuation
Day at which such decision shall take effect. There shall be no quorum requirements for such general meeting of Share-
holders which shall decide by resolution taken by simple majority of those present or represented and voting.
25.3 Assets which may not be distributed to the relevant beneficiaries upon the implementation of the redemption
will be deposited with the "Caisse de Consignation" on behalf of the persons entitled thereto.
25.4 All redeemed Shares shall be cancelled.
25.5 The liquidation of the last remaining Fund of the Company will result in the liquidation of the Company under
the conditions of the 2010 Law.
Art. 26. Mergers.
26.1 The Board of Directors may decide to proceed with a merger (within the meaning of the 2010 Law) of the assets
of the Company or of any Fund with those of (i) another existing Fund within the Company or another compartment
within such other Luxembourg or foreign UCITS (the "New Compartment"), or of (ii) another Luxembourg or foreign
UCITS (the "New UCITS"), and to designate the Shares of the Company or the Fund concerned as Shares of the New
UCITS or the New Compartment, as applicable. The Board of Directors is competent to decide on or approve the
effective date of the merger. Such a merger shall be subject to the conditions and procedures imposed by the 2010 Law,
in particular concerning the merger project to be established by the Board of Directors and the information to be provided
to the Shareholders.
26.2 Notwithstanding the powers conferred to the Board of Directors by the preceding section, a merger (within the
meaning of the 2010 Law) of the assets and of the liabilities attributable to any Fund with another Fund within the Company
may be decided upon by a general meeting of Shareholders of the Fund concerned for which there shall be no quorum
requirements and which will decide upon such a merger by resolutions taken by simple majority of the votes validly cast.
The general meeting of Shareholders of the Fund concerned will decide on the effective date of such a merger it has
initiated within the Company, by resolution taken with no quorum requirement and adopted at a simple majority of the
votes validly cast.
26.3 The Shareholders may also decide a merger (within the meaning of the 2010 Law) of the assets and of the liabilities
attributable to the Company or any Fund with the assets of any New UCITS or New Compartment. Such a merger and
the decision on the effective date of such a merger shall require resolutions of the Shareholders of the Company or Fund
concerned with no quorum requirement and adopted at a simple majority of the votes validly cast.
26.4 Where the Company or any of its Funds is the absorbed entity which, thus, ceases to exist and irrespective of
whether the merger is initiated by the Board of Directors or by the Shareholders, the general meeting of Shareholders
of the Company or of the relevant Fund must decide the effective date of the merger. Such general meeting will decide
by resolution taken with no quorum requirement and adopted at a simple majority of the votes validly cast.
26.5 Shareholders are entitled to request, without any charge other than those retained by the Company or the Fund
to meet divestment costs, the repurchase or redemption of their Shares, or, if possible, convert them into shares of
another UCITS pursuing a similar investment policy and managed by the Management Company or by any other company
with which the Management Company is linked by common management or control, or by substantial direct or indirect
holding, in accordance with the 2010 Law.
26.6 Any cost associated with the preparation and the completion of the merger shall neither be charged to the
Company nor to the Shareholders.
26.7 Such merger shall be subject to the conditions and procedures imposed by the applicable law and regulations at
the time that the decision to merge is taken.
26.8 In the event that the Board of Directors believes it is required for the interests of the Shareholders of the relevant
Fund or that a change in the economic or political situation relating to the Fund concerned has occurred which would
justify it, the reorganisation of one Fund, by means of a division into two or more Funds, may be decided by the Board
of Directors.
26.9 In the event that for any reason the value of the net assets of any Class within a Fund has decreased to, or has
not reached, an amount determined by the Board of Directors to be the minimum level for such Class to be operated
in an economically efficient manner or as a matter of economic rationalization, the Board of Directors may decide to
amend the rights attached to any Class so as to include them in any other existing Class and re-designate the Shares of
the Class or Classes concerned as Shares of another Class. Such decision will be subject to the right of the relevant
Shareholders to request, without any charges, the redemption of the Shares or, where possible, the conversion of those
Shares into Shares of other Classes within the same Fund or into Shares of other Classes within another Fund.
Art. 27. Accounting Year. The accounting year of the Company shall commence on 1 July of each year and terminates
on 30 June of the next year.
Art. 28. Distributions.
28.1 The general meeting of Shareholders of the Class or Classes issued in respect of any Fund shall, upon proposal
from the Board of Directors and within the limits provided by law, determine how the results of such Fund shall be
disposed of, and may from time to time declare, or authorise the Board of Directors to declare, distributions.
99248
L
U X E M B O U R G
28.2 For any Class or Classes of Shares entitled to distributions, the Board of Directors may decide to pay interim
dividends in the frequency and amounts determined by the Board of Directors in compliance with the conditions set
forth by law.
28.3 Payments of distributions to holders of registered Shares shall be made to such Shareholders at their addresses
in the register of Shareholders.
28.4 Distributions may be paid in such currency and at such time and place that the Board of Directors shall in its
discretion determine from time to time.
28.5 The Board of Directors may decide to distribute stock dividends in lieu of cash dividends upon such terms and
conditions as may be set forth by the Board of Directors.
28.6 Any distribution that has not been claimed within five (5) years of its declaration shall be forfeited and revert to
the relevant Class or Classes of Shares issued in respect of the relevant Fund.
28.7 No interest shall be payable by the Company on a dividend which has not been claimed by a Shareholder.
Title V. Final provisions
Art. 29. Depositary.
29.1 To the extent required by law, the Company shall enter into a custody agreement with a banking or savings
institution - a depositary (the "Depositary") - as defined by the law of 5 April 1993 on the financial sector, as amended.
29.2 The Depositary shall fulfil the duties and responsibilities as provided for by the 2010 Law.
29.3 If the Depositary wishes to retire, the Board of Directors shall use its best endeavours to find a successor
Depositary within two (2) months of the effectiveness of such retirement. The Board of Directors may terminate the
appointment of the Depositary but shall not remove the Depositary unless and until a successor Depositary shall have
been appointed to act in the place thereof.
Art. 30. Dissolution of the Company.
30.1 The Company may at any time be dissolved by a resolution of the general meeting of Shareholders subject to the
quorum and majority requirements referred to in Article 32 hereof.
30.2 Whenever the share capital falls below two-thirds of the minimum capital indicated in Article 6 hereof, the question
of the dissolution of the Company shall be referred to the general meeting of Shareholders by the Board of Directors.
The general meeting of Shareholders, for which no quorum shall be required, shall decide by simple majority of the votes
of the Shares represented at the meeting.
30.3 The question of the dissolution of the Company shall further be referred to the general meeting of Shareholders
whenever the share capital falls below one quarter of the minimum capital set by Article 6 hereof; in such an event, the
general meeting of Shareholders shall be held without any quorum requirements and the dissolution may be decided by
Shareholders holding one quarter of the votes of the Shares represented at the meeting.
30.4 The general meeting of Shareholders must be convened so that it is held within a period of forty (40) days from
ascertainment that the net assets of the Company have fallen below two-thirds or one quarter of the legal minimum, as
the case may be.
Art. 31. Liquidation. Liquidation shall be carried out by one or several liquidators, who may be physical persons or
legal entities, appointed by the general meeting of Shareholders which shall determine their powers and their compen-
sation.
Art. 32. Amendments to the Articles. These Articles may be amended by a general meeting of Shareholders subject
to the quorum and majority requirements provided by the law of 10 August 1915 on commercial companies, as amended.
Art. 33. Applicable Law. All matters not governed by these Articles shall be determined in accordance with the law of
10 August 1915 on commercial companies, as amended, and the 2010 Law.
<i>Second resolutioni>
The meeting decides to ratify the appointment of Mr. Andries Lodewickus Kotzee, residing professionaly at 6 Merchant
Place, Corner of Fredman Drive and Gwen Lane, Sandton, 2196 South Africa, as new director of the Company for a
period ending at the annual general meeting of 2012.
There being no further business on the agenda, the Meeting is thereupon closed.
The undersigned notary who understands and speaks English, states herewith that on request of the appearing parties,
the present deed is worded in English.
Whereof, the present deed was drawn up in Luxembourg-City, on the day stated at the beginning of this document.
The deed having been read to the appearing persons, known to the officiating notary by their first and last names, civil
status and residence, the said appearing persons signed together with Us the notary the present deed.
Signé: M. MARANGELLI, X. ROUVIERE, G. BOBINA et H. HELLINCKX.
99249
L
U X E M B O U R G
Enregistré à Luxembourg A.C., le 3 juillet 2012. Relation: LAC/2012/30904. Reçu soixante-quinze euros (75.- EUR)
<i>Le Receveuri> (signé): I. THILL.
- POUR EXPEDITION CONFORME - délivrée à la société sur demande.
Luxembourg, le 18 juillet 2012.
Référence de publication: 2012088534/1029.
(120124578) Déposé au registre de commerce et des sociétés de Luxembourg, le 19 juillet 2012.
Livelihoods Fund SICAV SIF, Société à responsabilité limitée sous la forme d'une SICAV - Fonds d'Inves-
tissement Spécialisé.
Siège social: L-2520 Luxembourg, 5, allée Scheffer.
R.C.S. Luxembourg B 166.278.
<i>Extrait des résolutions prises lors de l'Assemblée Générale Ordinaire en date du 7 juin 2012i>
En date du 7 juin 2012, l'Assemblée Générale Ordinaire a décidé:
- de nommer Monsieur Eric de Poulpiquet du Halgouët, 13-15 rue de la Ville l'Evêque 75008 Paris, France, en tant
qu'administrateur avec effet au 7 juin 2012 jusqu'à la prochaine Assemblée Générale Ordinaire,
- de renouveler les mandats de Monsieur Hervé Allègre, de Monsieur Emmanuel Babeau, de Madame Myriam Cohen,
de Monsieur Bernard Giraud, de Monsieur Stanilas Pottier et de Monsieur Pierre-André Terisse en qualité d'Adminis-
trateurs pour une durée d'un an, jusqu'à la prochaine Assemblée Générale Ordinaire en 2013.
Luxembourg, le 20 juillet 2012.
Pour extrait sincère et conforme
<i>Pour Livelihoods Fund Sicav Sif
i>Caceis Bank Luxembourg
Référence de publication: 2012090156/19.
(120126544) Déposé au registre de commerce et des sociétés de Luxembourg, le 23 juillet 2012.
Loewe Sued, S.àr.l., Société à responsabilité limitée.
Capital social: EUR 12.500,00.
Siège social: L-2453 Luxembourg, 5C, rue Eugène Ruppert.
R.C.S. Luxembourg B 158.239.
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.
<i>Pour Loewe Sued, S.à r.l.i>
Référence de publication: 2012090157/10.
(120127410) Déposé au registre de commerce et des sociétés de Luxembourg, le 23 juillet 2012.
Logovision Europe, Société à responsabilité limitée unipersonnelle.
Siège social: L-1274 Howald, 95, rue des Bruyères.
R.C.S. Luxembourg B 156.315.
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.
Luxembourg, le 23/07/2012.
G.T. Experts Comptables Sàrl
Luxembourg
Référence de publication: 2012090158/12.
(120127332) Déposé au registre de commerce et des sociétés de Luxembourg, le 23 juillet 2012.
Lux Wind Holdings S.à r.l., Société à responsabilité limitée.
Capital social: GBP 16.488,00.
Siège social: L-2557 Luxembourg, 7A, rue Robert Stümper.
R.C.S. Luxembourg B 126.903.
Les comptes annuels au 31 Mars 2012 ont été déposés au registre de commerce et des sociétés de Luxembourg.
99250
L
U X E M B O U R G
Pour mention aux fins de la publication au Mémorial, Recueil des Sociétés et Associations.
Luxembourg.
Référence de publication: 2012090160/10.
(120126765) Déposé au registre de commerce et des sociétés de Luxembourg, le 23 juillet 2012.
Lux Wind Holdings S.à r.l., Société à responsabilité limitée.
Capital social: GBP 16.488,00.
Siège social: L-2557 Luxembourg, 7A, rue Robert Stümper.
R.C.S. Luxembourg B 126.903.
Les comptes annuels au 31 Mars 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.
Référence de publication: 2012090161/10.
(120126771) Déposé au registre de commerce et des sociétés de Luxembourg, le 23 juillet 2012.
LuxMultiservices S.A., Société Anonyme.
Siège social: L-2520 Luxembourg, 33, allée Scheffer.
R.C.S. Luxembourg B 133.233.
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.
<i>Pour le Conseil d’administration
i>Signature
Référence de publication: 2012090162/11.
(120127174) Déposé au registre de commerce et des sociétés de Luxembourg, le 23 juillet 2012.
La Terre Rouge S.à r.l., Société à responsabilité limitée unipersonnelle.
Siège social: L-4213 Esch-sur-Alzette, 72, rue du Brill.
R.C.S. Luxembourg B 163.631.
Les comptes annuels au 31.12.2011 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.
PROCOMPTA-LUX SARL
Signature
Référence de publication: 2012090166/11.
(120126632) Déposé au registre de commerce et des sociétés de Luxembourg, le 23 juillet 2012.
Luminstar Capital Fund S.A., Société Anonyme.
R.C.S. Luxembourg B 17.237.
Veuillez prendre note que la société anonyme Intertrust (Luxembourg) S.A., R.C.S. Luxembourg B 5.524, avec siège
social à L-1331 Luxembourg, 65, boulevard Grande-Duchesse Charlotte, a dénoncé le siège social établi dans ses locaux
de la société anonyme LUMINSTAR CAPITAL FUND S.A., R.C.S. Luxembourg B 17237.
Luxembourg, le 20 juillet 2012.
Pour avis sincère et conforme
Intertrust (Luxembourg) S.A.
Référence de publication: 2012090194/12.
(120126499) Déposé au registre de commerce et des sociétés de Luxembourg, le 23 juillet 2012.
Latimo S.A., Société Anonyme.
Siège social: L-1855 Luxembourg, 44, avenue J.F. Kennedy.
R.C.S. Luxembourg B 37.129.
Les comptes annuels au 31.12.2011 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.
99251
L
U X E M B O U R G
Luxembourg.
FIDUPAR
1, rue Joseph Hackin
L-1746 Luxembourg
Signature
Référence de publication: 2012090175/14.
(120126903) Déposé au registre de commerce et des sociétés de Luxembourg, le 23 juillet 2012.
LCB Prop Co. B S.à r.l., Société à responsabilité limitée.
Siège social: L-5326 Contern, 17, rue Edmond Reuter.
R.C.S. Luxembourg B 158.403.
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: 2012090177/9.
(120127613) Déposé au registre de commerce et des sociétés de Luxembourg, le 23 juillet 2012.
LCF Financial Participations S.à r.l., Société à responsabilité limitée.
Siège social: L-1331 Luxembourg, 65, boulevard Grande-Duchesse Charlotte.
R.C.S. Luxembourg B 99.851.
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.
<i>Pour LCF Financial Participations S.à r.l.
i>Intertrust (Luxembourg) S.A.
Référence de publication: 2012090178/11.
(120127225) Déposé au registre de commerce et des sociétés de Luxembourg, le 23 juillet 2012.
Le Nom de la Fleur S.à r.l., Société à responsabilité limitée.
Siège social: L-6440 Echternach, 65, rue de la Gare.
R.C.S. Luxembourg B 121.991.
Les comptes annuels au 31.12.2011 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.
<i>Pour le géranti>
Référence de publication: 2012090181/10.
(120126812) Déposé au registre de commerce et des sociétés de Luxembourg, le 23 juillet 2012.
Lefebvre Investissements S.A., Société Anonyme.
Siège social: L-1471 Luxembourg, 412F, route d'Esch.
R.C.S. Luxembourg B 56.875.
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 26 juin 2012.
Signature.
Référence de publication: 2012090182/10.
(120126704) Déposé au registre de commerce et des sociétés de Luxembourg, le 23 juillet 2012.
LISA Lux S.A., Société Anonyme.
Siège social: L-5670 Altwies, 8, rue Jean-Pierre Molitor.
R.C.S. Luxembourg B 66.694.
Le bilan approuvé au 31 décembre 2010 a été déposé au registre de commerce et des sociétés de Luxembourg.
99252
L
U X E M B O U R G
Pour mention aux fins de la publication au Mémorial, Recueil des Sociétés et Associations.
Luxembourg, le 23 juillet 2012.
Référence de publication: 2012090186/10.
(120126833) Déposé au registre de commerce et des sociétés de Luxembourg, le 23 juillet 2012.
Zitek S.A., Société Anonyme.
Siège social: L-9048 Ettelbruck, 1, rue Dr Herr.
R.C.S. Luxembourg B 38.476.
DISSOLUTION
L'an deux mille douze, le douze juillet.
Par-devant Maître Pierre PROBST, notaire de résidence à Ettelbruck,
A comparu:
Monsieur Dan LEONTE, ingénieur diplômé, né à Bucarest(Roumanie) le 13 décembre 1944 (matr. 1944 12 13 010),
demeurant à L-9048 Ettelbruck, 1, rue Dr Herr.
Le comparant déclare être le seul associé de la société anonyme «ZITEK S.A.» (matr: 1991 22 07 636), avec siège
social à L-9048 Ettelbruck, 1, rue Dr Herr,
constituée, alors avec siège social à Junglinster, en vertu d'un acte reçu par Maître Marc ELTER, alors notaire de
résidence à Luxembourg, en date du 7 novembre 1991, publié au Mémorial C, Recueil Spécial des Sociétés et Associations,
numéro 155 de l'année 1992, dont les statuts ont été modifiés en dernier lieu suivant acte reçu par le notaire instru-
mentaire en date du 23 septembre 2009, publié au Mémorial C, Recueil Spécial des Sociétés et Associations, numéro
2034 du 16 octobre 2009,
inscrite au Registre de Commerce et des Sociétés sous le numéro B 38.476.
Le comparant prénommé, représentant l'intégralité du capital social de la susdite société, s'est réuni en assemblée
générale extraordinaire et a pris, sur ordre du jour conforme, les résolutions suivantes:
- que ladite société a cessé toute activité commerciale;
- que le comparant décide de la dissoudre;
- que la société a été liquidée aux droits de parties préalablement à la signature des présentes;
- que les livres et documents de la société seront conservés pendant cinq années au domicile du comparant.
- que le comparant reprend tous les engagements de la société à son propre compte.
<i>Fraisi>
Les frais des présentes sont à charge du comparant.
Dont acte, fait et passé à Ettelbruck, date qu'en tête des présentes.
Et après lecture faite et interprétation donnée au comparant, connu du notaire par nom, prénom usuel, état et de-
meure, il a signé avec le notaire le présent acte.
Signé: Dan LEONTE, Pierre PROBST.
Enregistré à Diekirch, Le 13 juillet 2012. Relation: DIE/2012/8436. Reçu soixante-quinze euros 75,00€
<i>Le Receveuri> (signé): Tholl.
POUR EXPEDITION CONFORME, délivrée à la société sur demande et aux fins de publication au Mémorial.
Ettelbruck, le 23 juillet 2012.
Référence de publication: 2012090524/38.
(120127002) Déposé au registre de commerce et des sociétés de Luxembourg, le 23 juillet 2012.
Liberty Capital S.A., Société Anonyme.
Siège social: L-1724 Luxembourg, 3A, boulevard du Prince Henri.
R.C.S. Luxembourg B 82.141.
Les comptes annuels au 31/12/2011 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: 2012090184/9.
(120127402) Déposé au registre de commerce et des sociétés de Luxembourg, le 23 juillet 2012.
99253
L
U X E M B O U R G
Liquid Cool S.A., Société Anonyme.
Siège social: L-2330 Luxembourg, 128, boulevard de la Pétrusse.
R.C.S. Luxembourg B 75.814.
Les comptes annuels, les comptes de Profits et Pertes ainsi que les Annexes de l'exercice cloturant en 31/12/2011 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.
<i>L'Organe de Gestioni>
Référence de publication: 2012090185/11.
(120127504) Déposé au registre de commerce et des sociétés de Luxembourg, le 23 juillet 2012.
Loisirs Games s.à r.l., Société à responsabilité limitée unipersonnelle.
Siège social: L-1274 Howald, 5, rue des Bruyères.
R.C.S. Luxembourg B 154.024.
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.
<i>Pour LOISIRS GAMES S.à r.l.i>
Référence de publication: 2012090188/10.
(120126809) Déposé au registre de commerce et des sociétés de Luxembourg, le 23 juillet 2012.
LSF Elancourt Investments S.à r.l., Société à responsabilité limitée.
Siège social: L-2557 Luxembourg, 7, rue Robert Stümper.
R.C.S. Luxembourg B 111.964.
Le bilan au 31 décembre 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 23 juillet 2012.
<i>Un mandatairei>
Référence de publication: 2012090189/11.
(120127452) Déposé au registre de commerce et des sociétés de Luxembourg, le 23 juillet 2012.
Microcap 07 - FTL S.C.A, SICAR, Société en Commandite par Actions sous la forme d'une Société d'In-
vestissement en Capital à Risque.
Siège social: L-1528 Luxembourg, 18, boulevard de la Foire.
R.C.S. Luxembourg B 124.025.
<i>Auszug der Beschlüsse der Generalversammlung vom 21. Juni 2012i>
Die Aktionäre beschliessen einstimmig BDO Audit S.A., 2, avenue Charles de Gaulle, L-1653 Luxembourg, als Wirt-
schaftsprüfer bis zur nächsten ordentlichen Generalversammlung der Aktionäre im Jahr 2013 wiederzuwählen.
Certifié sincère et conforme
BANQUE ET CAISSE D'EPARGNE DE L'ETAT, LUXEMBOURG
Référence de publication: 2012090212/13.
(120127021) Déposé au registre de commerce et des sociétés de Luxembourg, le 23 juillet 2012.
Starbev Participation Sàrl, Société à responsabilité limitée.
Capital social: EUR 1.000.000,00.
Siège social: L-1855 Luxembourg, 46A, avenue J.F. Kennedy.
R.C.S. Luxembourg B 149.947.
Veuillez prendre note que:
Les gérants de la Société, Marc Hunter, Marco Weijermans et Robert van't Hoeft, sont:
- Mark HUNTER;
- Martinus Cornelis Johannes WEIJERMANS;
99254
L
U X E M B O U R G
- Robert VAN 'T HOEFT.
Pour mention aux fins de la publication au Mémorial, Recueil des Sociétés et Associations.
Jacob Mudde
<i>Géranti>
Référence de publication: 2012090387/16.
(120127042) Déposé au registre de commerce et des sociétés de Luxembourg, le 23 juillet 2012.
GP CTB North S.à r.l., Société à responsabilité limitée.
Siège social: L-2453 Luxembourg, 20, rue Eugène Ruppert.
R.C.S. Luxembourg B 170.254.
STATUTES
In the year two thousand and twelve, on the twenty-ninth of June.
Before Maître Blanche MOUTRIER, notary residing at Esch-sur-Alzette (Grand Duchy of Luxembourg), acting in re-
placement of Maître Francis KESSELER, notary residing at Esch-sur-Alzette (Grand Duchy of Luxembourg) who will keep
the original of this deed.
THERE APPEARED:
Georgia-Pacific LLC, a limited liability company established and existing under the laws of the State of Delaware, United
States of America, having its registered office at 1209 Orange Street, DE-19801 Wilmington, New Castle, United States
of America and registered with the Secretary of State of the State of Delaware under number 4275413,
here represented by Ms. Sofia Afonso-Da Chao Conde, employee, having her professional address at 5, rue Zénon
Bernard, L-4030 Esch/Alzette, Grand Duchy of Luxembourg, by virtue of a proxy given under private seal on June 28,
2012.
The said proxy, signed ne varietur by the proxyholder of the person appearing and the undersigned notary, will remain
attached to the present deed to be filed with the registration authorities.
Such appearing person, represented as stated hereabove, has requested the undersigned notary to state as follows the
articles of association of a private limited liability company:
Art. 1. There exists a private limited liability company under the name of GP CTB North S.à r.l., which shall be governed
by the laws pertaining to such an entity (hereinafter, the Company), and in particular by the law of August 10, 1915 on
commercial companies as amended (hereinafter, the Law), as well as by the present articles of association (hereinafter,
the Articles).
Art. 2. The Company may carry out all transactions pertaining directly or indirectly to the taking of participating
interests in any enterprises in whatever form, as well as the administration, management, control and development of
such participating interests, in the Grand Duchy of Luxembourg and abroad.
The Company may particularly use its funds for the setting-up, management, development and disposal of a portfolio
consisting of any securities and patents of whatever origin, participate in the creation, development and control of any
enterprises, acquire by way of contribution, subscription, underwriting or by option to purchase and any other way
whatsoever, any type of securities and patents, realize them by way of sale, transfer, exchange or otherwise, have these
securities and patents developed. The Company may grant assistance (by way of loans, advances, guarantees or securities
or otherwise) to companies or other enterprises in which the Company has an interest or which form part of the group
of companies to which the Company belongs (including shareholders or affiliated entities).
In general, the Company may likewise carry out any financial, commercial, industrial, movable or real estate transac-
tions, take any measures to safeguard its rights and make any transactions whatsoever which are directly or indirectly
connected with its purpose or which are liable to promote their development.
The Company may borrow in any form except by way of public offer. It may issue by way of private placement only,
notes, bonds and debentures and any kind of debt, whether convertible or not, and/or equity securities. It may give
guarantees and grant securities in favor of third parties to secure its obligations or the obligations of its subsidiaries,
affiliated companies or any other companies. The Company may further pledge, transfer, encumber or otherwise create
security over all or over some of its assets.
Art. 3. The Company is formed for an unlimited period of time.
Art. 4. The registered office of the Company is established in the City of Luxembourg.
It may be transferred to any other address in the same municipality or to another municipality by a decision of the
Sole Manager (as defined below) or the Board of Managers (as defined below), respectively by a resolution taken by the
extraordinary general meeting of the shareholders, as required by the then applicable provisions of the Law.
The Company may have offices and branches, both in the Grand Duchy of Luxembourg and abroad.
99255
L
U X E M B O U R G
Art. 5. The share capital is set at twenty thousand United States Dollars (USD 20,000.00) represented by twenty
thousand (20,000) shares with a nominal value of one United States Dollar (USD 1.00) each.
The Company may redeem its own shares within the limits set forth by the Articles and by the Law.
In addition to the Company's share capital, there may be set up a premium account, into which any premium paid on
any share is transferred. The amount of said premium is at the free disposal of the Company's shareholders.
Art. 6. The share capital may be changed at any time by a decision of the sole shareholder or by a decision of the
shareholders' meeting, in accordance with article 14 of the Articles.
Art. 7. Towards the Company, the shares are indivisible, since only one owner is admitted per share. Joint co-owners
have to appoint a sole person as their representative towards the Company.
Art. 8. In case of a single shareholder, the Company's shares held by the single shareholder are freely transferable.
In the case of plurality of shareholders, the shares held by each shareholder may be transferred by application of the
requirements of article 189 of the Law.
Art. 9. The Company shall not be dissolved by reason of the death, suspension of civil rights, insolvency or bankruptcy
of the sole shareholder or of any of the shareholders.
Art. 10. The Company is managed by one (hereinafter, the Sole Manager) or more managers. If several managers have
been appointed, they constitute a board of managers (hereinafter, the Board of Managers). The manager(s) need not be
shareholders. The manager(s) may be dismissed at any time, with or without cause, by a resolution of the sole shareholder
or of the shareholders holding more than half of the share capital.
Art. 11. In dealing with third parties, the Sole Manager or, in case of plurality of managers, the Board of Managers shall
have all powers to act in the name of the Company in all circumstances and to carry out and approve all acts and operations
consistent with the Company's purpose, provided that the terms of this Article shall have been complied with.
All powers not expressly reserved by the Law or the Articles to the general meeting of shareholders shall fall within
the competence of the Sole Manager or, in case of plurality of managers, the Board of Managers.
Towards third parties, the Company shall be bound by the signature of the Sole Manager or, in case of plurality of
managers, by the sole signature of any member of the Board of Managers.
The Sole Manager or, in case of plurality of managers, the Board of Managers shall have the right to grant special proxies
for determined matters to one or more proxy holders, selected from its members or not, either shareholders or not.
Art. 12. The Sole Manager or, in case of plurality of managers, the Board of Managers may delegate the day-to-day
management of the Company to one or several manager(s) or agent(s) and shall determine the manager's or agent's
responsibilities and remuneration (if any), the duration of representation and any other relevant conditions of this agency.
In case of plurality of managers, the Board of Managers may elect a chairman from among its members. If the chairman
is unable to be present, his place will be taken by election among the managers present at the meeting.
In case of plurality of managers, the Board of Managers may elect a secretary who need not be a manager or a
shareholder of the Company.
In case of plurality of managers, the Board of Managers shall meet as often as the Company's interest so requires. The
meetings of the Board of Managers are convened by the chairman, the secretary or by any manager at the place indicated
in the convening notice. The Board of Managers may validly debate without prior notice if all the managers are present
or represented.
Written notice, whether in original, by facsimile or e-mail, of any meeting of the Board of Managers shall be given to
all managers at least twenty-four (24) hours in advance of the date and time set for such meeting, except in case of
emergency, in which case the nature of such circumstances shall be set forth in the convening notice of the meeting of
the Board of Managers.
No such convening notice is required if all members of the Board of Managers are present or represented at the
meeting and if they state to have been duly informed, and agree on the agenda of the meeting. The notice may be waived
by consent in writing, whether in original, by facsimile or e-mail, of each member of the Board of Managers.
In case of plurality of managers, a manager may be represented at the Board of Managers by another manager, and a
manager may represent several managers.
In case of plurality of managers, the Board of Managers may only validly debate and take decisions if a majority of its
members are present or represented by proxy, and any decisions taken by the Board of Managers shall require a simple
majority of the members of the Board of Managers.
In case of plurality of managers, one or more managers may participate in a meeting by means of a conference call or
by any similar means of communication enabling thus several persons participating therein to simultaneously communicate
with each other. Such participation shall be deemed equal to a physical presence at the meeting. Such a decision may be
documented in a single document or in several separate documents having the same content signed by all the members
having participated.
99256
L
U X E M B O U R G
In case of plurality of managers, a written decision, approved and signed by all the managers, is proper and valid as
though it had been adopted at a meeting of the Board of Managers, which was duly convened and held. Such a decision
may be documented in a single document or in several separate documents having the same content signed by each of
the members of the Board of Managers.
The Sole Manager or, in case of plurality of managers, the Board of Managers may decide to pay interim dividends to
the shareholders on the basis of a statement of accounts showing that sufficient profits are available for distribution, it
being understood that the amount to be distributed may not exceed 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 Law or these Articles.
Art. 13. No contract or other transaction between the Company and any other company or firm shall be affected or
invalidated by the fact that any one or more of the managers or officers of the Company has a personal interest in, or is
a director, associate, officer or employee of such other company or firm. Any manager or officer of the Company who
serves as a director, associate, or employee of any company or firm with which the Company shall contract or otherwise
engage in business shall not, by reason of such affiliation with such other company or firm, be prevented from considering
and voting or acting upon matters with respect to such contract or other business.
In the event that any manager or officer of the Company may have any personal conflicting interest in any transaction
of the Company, he shall make known to the shareholders such personal interest and shall not consider or approve any
such transaction.
Every person who was or is a party or is threatened to be made a party to any threatened, pending, or completed
action, suit, or proceeding, whether civil, criminal, administrative, or investigative (other than an action by or in the right
of the Company) by reason of the fact that the person is or was an officer, manager, or employee of the Company or is
or was serving at the request of the Company as a director (including committees of the Board), manager, officer, or
employee of another corporation or entity (a Covered Person), may be indemnified by the Company, at its sole and
absolute discretion and in all cases where the Company is obliged to indemnify the Covered Person by virtue of applicable
laws, judgments or orders, against any and all reasonable costs and expenses, judgments, fines, and amounts paid in
settlement actually and reasonably incurred by the Covered Person in connection with such action, suit, or proceeding
if the Covered Person acted in good faith and in a manner the person reasonably believed to be in or not opposed to
the best interests of the Company, and, with respect to any criminal action or proceeding, had no reasonable cause to
believe the person's conduct was unlawful. The resolution of any action, suit, or proceeding by judgment, order, settle-
ment, conviction, or upon a plea of nolo contendere or its equivalent, shall not, of itself, create a presumption that the
Covered Person did not act in good faith and in a manner which the Covered Person reasonably believed to be in or not
opposed to the best interests of the Company, and, with respect to any criminal action or proceeding, had reasonable
cause to believe that the person's conduct was unlawful.
Expenses (including attorneys' fees) incurred by a Covered Person with respect to any action, suit, or proceeding of
the nature described in the preceding paragraph may, in the Company's sole and absolute discretion and in all cases where
the Company is obliged to do so by virtue of applicable laws, judgments or orders, be paid by the Company in advance
of the final disposition of such action, suit, or proceeding upon receipt of an undertaking by or on behalf of the Covered
Person to repay such amount if it shall ultimately be determined that the Covered Person is not entitled to be indemnified
by the Company as authorized in this section. In addition, the Company may elect at any time to discontinue advancing
expenses to a Covered Person if such advancement is determined by the Company, in its sole and absolute discretion,
not to be in the best interest of the Company.
Art. 14. The single shareholder assumes all powers conferred to the general shareholders' meeting.
In case of a plurality of shareholders, each shareholder may take part in collective decisions irrespectively of the number
of shares, which he owns. Each shareholder has voting rights in proportion to his shareholding. Collective decisions are
only validly taken insofar as they are adopted by shareholders owning more than half of the share capital.
However, resolutions to amend the Articles may only be adopted by the majority of the shareholders owning at least
three-quarter of the Company's share capital, subject to the provisions of the Law.
Art. 15. The Company's accounting year starts on the first of January and ends on the thirty-first of December of the
same year.
Art. 16. At the end of each accounting year, the Company's accounts are established, and the Sole Manager or the
Board of Managers prepares an inventory including an indication of the value of the Company's assets and liabilities.
Each shareholder may inspect the above inventory and balance sheet at the Company's registered office.
Art. 17. The credit balance of the profit and loss account, after deduction of the expenses, costs, amortization, charges
and provisions represents the net profit of the Company.
Every year, five percent (5%) of the net profit shall be allocated to the legal reserve.
This allocation ceases to be compulsory when the legal reserve amounts to ten percent (10%) of the issued share
capital but shall be resumed until the reserve fund is entirely reconstituted if, at any time and for any reason whatever,
the ten percent (10%) threshold is no longer met.
99257
L
U X E M B O U R G
The balance of the net profit may be distributed to the shareholders in proportion to their shareholding in the Com-
pany.
Art. 18. At the time of winding up the Company, the liquidation shall be carried out by one or several liquidators,
shareholders or not, appointed by the shareholder(s) who shall determine their powers and remuneration.
After payment of all debts of and any charges against the Company and of the expenses of the liquidation, the net
liquidation proceeds shall be distributed to the shareholders in proportion to their shareholding in the Company.
Art. 19. Reference is made to the provisions of the Law for all matters for which no specific provision is made in the
Articles.
<i>Transitory provisioni>
The first accounting year shall begin on the date of the formation of the Company and shall terminate on December
31, 2012.
<i>Subscription - Paymenti>
The articles of association having thus been established, the twenty thousand (20,000) shares have been subscribed
and fully paid up in nominal value by Georgia-Pacific LLC, prenamed, by contribution in kind consisting in the contribution
of a receivable in the amount of twenty thousand United States Dollars (USD 20,000.00) held by Georgia-Pacific LLC,
prenamed, towards Georgia-Pacific Financial Management LLC, a limited liability company organized under the laws of
Delaware, having its registered office at CT Corporation Systems, 1209 Orange Street, Wilmington, Delaware, United
States of America and registered with the Secretary of State of the State of Delaware under number 4235697, which
receivable is incontestable, payable and due.
<i>Evidence of the contribution's existence and valuei>
Proof of the existence and value of the contribution in kind has been given by:
- a balance sheet dated June 29, 2012 of Georgia-Pacific LLC, prenamed, “certified true and correct” by its management;
- a contribution declaration of Georgia-Pacific LLC, prenamed, attesting that it is the unrestricted owner of the con-
tributed receivable.
<i>Effective implementation of the contributioni>
Georgia-Pacific LLC, prenamed, through its proxy holder, declares that:
- it is the sole unrestricted owner of the contributed receivable and possesses the power to dispose of it, it being
legally and conventionally freely transferable;
- all further formalities are in course in the jurisdiction of the location of the receivable, in order to duly carry out and
formalize the transfer and to render it effective anywhere and toward any third party.
<i>Costsi>
The expenses, costs, fees and charges of any kind whatsoever which will have to be borne by the Company as a result
of its formation are estimated at one thousand five hundred euro (€ 1,500.-).
<i>Resolutions of the sole shareholderi>
The sole shareholder has taken the following resolutions:
1. The following persons are appointed managers of the Company for an unlimited period of time:
- Mr. David Gregory Park, company director, born on January 31, 1966 in Canada, with professional address at 133,
Peachtree Street, NE, 42
nd
Floor, Atlanta, Georgia, 30303, United States of America;
- Mr. Joseph Richards Martin, company director, born on November 28, 1976 in Massachusetts, United States of
America, with professional address at 133, Peachtree Street, NE, 42
nd
Floor, Atlanta, Georgia, 30303, United States of
America.
2. The address of the Company is fixed at 20, rue Eugène Ruppert, L-2453 Luxembourg, Grand Duchy of Luxembourg.
<i>Declarationi>
The undersigned notary, who understands and speaks English, states herewith that on request of the proxy holder of
the above appearing persons, the present deed is worded in English, followed by a French version. On request of the
same persons and in case of divergences between the English and the French text, the English version will be prevailing.
WHEREOF, the present deed was drawn up in Esch/Alzette, on the date first written above.
The document having been read to the proxy holder of the appearing persons, who is known to the notary by her full
name, civil status and residence, she signed together with Us, the notary, the present deed.
Suit la traduction française du texte qui précède:
L'an deux mille douze, le vingt-neuvième jour de juin.
99258
L
U X E M B O U R G
Par-devant Maître Blanche MOUTRIER, notaire de résidence à Esch-sur-Alzette (Grand-Duché de Luxembourg), agis-
sant en remplacement de Maître Francis KESSELER, notaire de résidence à Esch-sur-Alzette (Grand-Duché de Luxem-
bourg) lequel dernier restera dépositaire de la présente minute.
A COMPARU:
Georgia-Pacific LLC, une société à responsabilité limitée établie et régie selon les lois du Delaware, ayant son siège
social au 1209 Orange street, DE-19801 Wilmington, New Castle, Etats-Unis d'Amérique et enregistrée auprès du Se-
crétaire d'Etat de l'Etat du Delaware sous le numéro 4275413,
ici représenté par Mme Sofia Afonso-Da Chao Conde, employée, ayant son adresse professionnelle au 5, rue Zénon
Bernard, L-4030 Esch/Alzette, Grand-Duché de Luxembourg, en vertu d'une (1) procuration donnée sous seing privé le
28 juin 2012.
Laquelle procuration restera, après avoir été signée ne varietur par le mandataire du comparant et le notaire instru-
mentant, annexée aux présentes pour être enregistrée avec elles.
Lequel comparant, représenté comme indiqué ci-dessus, a requis le notaire instrumentant de dresser acte d'une société
à responsabilité limitée dont il a arrêté les statuts comme suit:
Art. 1
er
. Il existe une société à responsabilité limitée sous la dénomination GP CTB North S.à r.l. qui est régie par
les lois relatives à une telle entité (ci-après, la Société), et en particulier la loi du 10 août 1915 concernant les sociétés
commerciales, telle que modifiée (ci-après, la Loi), ainsi que par les présents statuts (ci-après, les Statuts).
Art. 2. La Société peut réaliser toutes opérations se rapportant directement ou indirectement à la prise de participa-
tions sous quelque forme que ce soit, dans toute entreprise, ainsi que l'administration, la gestion, le contrôle et le
développement de ces participations.
La Société peut notamment employer ses fonds à la création, à la gestion, à la mise en valeur et à la liquidation d'un
portefeuille se composant de tous titres et brevets de toute origine, participer à la création, au développement et au
contrôle de toute entreprise, acquérir par voie d'apport, de souscription, de prise ferme ou d'option d'achat et de toute
autre manière, tous titres et brevets, les réaliser par voie de vente, de cession, d'échange ou autrement, faire mettre en
valeur ces titres et brevets. La Société peut accorder tout concours (par voie de prêts, avances, garanties, sûretés ou
autres) aux sociétés ou entités dans lesquelles elle détient une participation ou qui font partie du groupe de sociétés
auquel appartient la Société (y compris ses associés ou entités liées).
En général, la Société peut également réaliser toute opération financière, commerciale, industrielle, mobilière ou im-
mobilière, prendre toutes mesures pour sauvegarder ses droits et réaliser toutes opérations, qui se rattachent directe-
ment ou indirectement à son objet ou qui favorisent son développement.
La Société peut emprunter sous quelque forme que ce soit sauf par voie d'offre publique. Elle peut procéder, unique-
ment par voie de placement privé, à l'émission d'actions et obligations et d'autres titres représentatifs d'emprunts,
convertibles ou non, et/ou de créances. Elle peut également consentir des garanties ou des sûretés au profit de tierces
personnes afin de garantir ses obligations ou les obligations de ses filiales, sociétés affiliées ou de toute autre société. La
Société peut en outre nantir, céder, grever de charges ou créer, de toute autre manière, des sûretés portant sur tout ou
partie de ses avoirs.
Art. 3. La Société est constituée pour une durée illimitée.
Art. 4. Le siège social de la Société est établi dans la Ville de Luxembourg.
Il peut être transféré à toute autre adresse à l'intérieur de la même commune ou dans une autre commune, respec-
tivement par décision du Gérant Unique (tel que défini ci-après) ou du Conseil de Gérance (tel que défini ci-après), ou
par une résolution de l'assemblée générale extraordinaire des associés, tel que requis par les dispositions applicables de
la Loi.
La Société peut avoir des bureaux et des succursales tant au Grand-Duché de Luxembourg qu'à l'étranger.
Art. 5. Le capital social est fixé à vingt mille Dollars Américains (USD 20.000,00), représenté par vingt mille (20.000)
parts sociales ayant une valeur nominale d'un Dollar Américain (USD 1,00) chacune.
La Société pourra racheter ses propres parts sociales et ce dans les limites exposées dans les Statuts et dans la Loi.
En plus du capital social de la Société, un compte de prime d'émission pourra être crée dans lequel toute prime
d'émission payée sur n'importe quelle part sociale sera transférée. Le montant de ladite prime d'émission est mis à la
libre disposition des associés de la Société.
Art. 6. Le capital social peut être modifié à tout moment par une décision de l'associé unique ou par une décision de
l'assemblée générale des associés, conformément à l'article 14 des Statuts.
Art. 7. Envers la Société, les parts sociales sont indivisibles, de sorte qu'un seul propriétaire par part sociale est admis.
Les copropriétaires indivis doivent désigner une seule personne qui les représente auprès de la Société.
Art. 8. Dans le cas d'un associé unique, les parts sociales de la Société détenues par l'associé unique sont librement
transmissibles.
99259
L
U X E M B O U R G
Dans l'hypothèse où il y a plusieurs associés, les parts sociales détenues par chacun d'entre eux ne sont transmissibles
que moyennant l'application des prescriptions de l'article 189 de la Loi.
Art. 9. La Société n'est pas dissoute par suite du décès, de la suspension des droits civils, de l'insolvabilité ou de la
faillite de l'associé unique ou d'un des associés.
Art. 10. La Société est gérée par un (ci-après, le Gérant Unique) ou plusieurs gérants. Si plusieurs gérants sont nommés,
ils constituent un conseil de gérance (ci-après, le Conseil de Gérance). Le(s) gérant(s) ne doit(vent) pas obligatoirement
être associé(s). Le(s) gérant(s) peut(vent) être révoqué(s) à tout moment, avec ou sans motif, par une décision de l'associé
unique ou des associés détenant plus de la moitié du capital social.
Art. 11. Dans les rapports avec les tiers, le Gérant Unique ou, en cas de pluralité de gérants, le Conseil de Gérance a
tous pouvoirs pour agir au nom de la Société en toutes circonstances et pour effectuer et approuver tous actes et
opérations conformément à l'objet social de la Société, sous réserve qu'aient été respectés les termes du présent Article.
Tous les pouvoirs non expressément réservés à l'assemblée générale des associés par la Loi ou les Statuts relèvent de
la compétence du Gérant Unique ou, en cas de pluralité de gérants, du Conseil de Gérance.
Envers les tiers, la Société est valablement engagée par la signature de son Gérant Unique ou, en cas de pluralité de
gérants, par la signature individuel de chacun des membres du Conseil de Gérance.
Le Gérant Unique ou le Conseil de Gérance a le droit de déléguer certains pouvoirs déterminés à un ou plusieurs
mandataires, gérants ou non, associés ou non.
Art. 12. Le Gérant Unique ou, en cas de pluralité de gérants, le Conseil de Gérance peut déléguer la gestion journalière
de la Société à un ou plusieurs gérant(s) ou mandataire(s) et déterminer les responsabilités et rémunérations, le cas
échéant, des gérants ou mandataires, la durée de représentation et toute autre condition pertinente de ce mandat.
En cas de pluralité de gérants, le Conseil de Gérance peut élire un président parmi ses membres. Si le président ne
peut être présent, un remplaçant est élu parmi les gérants présents à la réunion.
En cas de pluralité de gérants, le Conseil de Gérance peut élire un secrétaire, gérant ou non, associé ou non.
En cas de pluralité de gérants, le Conseil de Gérance se réunit aussi souvent que l'intérêt de la Société l'exige. Les
réunions du Conseil de Gérance sont convoquées par le président, le secrétaire ou par tout gérant au lieu indiqué dans
l'avis de convocation. Le Conseil de Gérance peut valablement délibérer sans convocation préalable si tous les gérants
sont présents ou représentés.
Il est donné à tous les gérants un avis écrit, soit en original, par téléfax ou courrier électronique, de toute réunion du
Conseil de Gérance au moins vingt-quatre (24) heures avant la date et heure prévues pour la réunion, sauf en cas d'ur-
gence, auquel cas la nature de cette urgence est mentionnée dans l'avis de convocation de la réunion du Conseil de
Gérance.
La réunion peut être valablement tenue sans convocation préalable si tous les membres du Conseil de Gérance sont
présents ou représentés lors de la réunion et déclarent avoir été dûment informés de la tenue de la réunion et approuvent
son ordre du jour. Il peut également être renoncé à la convocation par chaque membre du Conseil de Gérance, par écrit
donné soit en original, soit par téléfax ou courrier électronique.
En cas de pluralité de gérants, un gérant peut en représenter un autre au Conseil de Gérance, et un gérant peut
représenter plusieurs gérants.
En cas de pluralité de gérants, le Conseil de Gérance ne peut délibérer et prendre des décisions que si une majorité
de ses membres est présente ou représentée par procurations, et toute décision du Conseil de Gérance requiert la
majorité simple des membres du Conseil de Gérance.
En cas de pluralité de gérants, un ou plusieurs gérants peuvent participer aux réunions du conseil par conférence
téléphonique ou par tout autre moyen similaire de communication permettant à tous les gérants participant à la réunion
de se comprendre mutuellement. Une telle participation équivaut à une présence physique à la réunion. Cette décision
peut être documentée dans un document unique ou dans plusieurs documents séparés ayant le même contenu, signé(s)
par tous les participants.
En cas de pluralité de gérants, une décision prise par écrit, approuvée et signée par tous les gérants, produit effet au
même titre qu'une décision prise à une réunion du Conseil de Gérance dûment convoquée et tenue. Cette décision peut
être documentée dans un document unique ou dans plusieurs documents séparés ayant le même contenu, signés par
chacun les membres du Conseil de Gérance.
Le Gérant Unique ou, en cas de pluralité de gérants, le Conseil de Gérance peut décider de payer des acomptes sur
dividendes sur base d'un état comptable préparé par le Gérant Unique ou le Conseil de Gérance duquel il ressort que
des bénéfices suffisants sont disponibles pour distribution, étant entendu que les fonds à distribuer ne peuvent pas excéder
le montant des bénéfices réalisés depuis le dernier exercice fiscal, 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 ou des Statuts.
Art. 13. Aucun contrat ou autre opération entre la Société et d'autres sociétés ou firmes ne sera affecté ou invalidé
par le fait qu'un ou plusieurs des gérants ou fondés de pouvoir de la Société y aura un intérêt personnel, ou en est
administrateur, associé, fondé de pouvoir ou salarié. Tout gérant ou fondé de pouvoir de la Société qui remplira les
99260
L
U X E M B O U R G
fonctions d'administrateur, d'associé, de fondé de pouvoir ou d'employé d'une société ou firme avec laquelle la Société
contractera ou entrera autrement en relation d'affaires, ne sera pas, pour le motif de cette appartenance à cette société
ou firme, empêché de donner son avis ou de voter ou d'agir sur toutes opérations relatives à un tel contrat ou à une
telle opération.
Un gérant ou un fondé de pouvoir de la Société ayant un intérêt personnel opposé dans une opération de la Société
sera obligé d'en informer les associés et s'abstiendra de donner un avis ou de voter sur telle opération.
Toute personne qui était ou est partie ou est menacée d'être partie à une action, demande ou un procès qui est en
cours, annoncé ou a abouti, de nature civile, criminelle, administrative ou d'enquête (autre qu'une action par ou pour la
Société) en raison du fait que la personne est un agent, gérant ou employé de la Société ou agissait ou agit à la demande
de la Société comme administrateur (ceci incluant les comités du conseils d'administration), gérant, agent, ou employé
d'une autre société ou entité (une Personne Couverte), peut être indemnisée par la Société, à sa seule et absolue discrétion
et dans tous les cas où la Société est obligée d'indemniser la Personne Couverte en vertu des lois applicables, de jugements
ou ordonnances, de tous coûts et dépenses raisonnables, jugements, amendes ou montants à payer par transaction,
effectivement et raisonnablement encourus par la Personne Couverte en relation avec une telle action, demande ou
procès dans la mesure où la Personne Couverte a agi de bonne foi et d'une manière que la personne avait des raisons de
croire dans l'intérêt ou non contraire aux meilleurs intérêts de la Société, et, en ce qui concerne une éventuelle action
ou procès criminel, la personne n'avait pas de raisons de croire que sa conduite était contraire à la loi. La fin d'une
quelconque action, demande ou procès par jugement, ordonnances, transaction, condamnation ou sur une défense de
nolo contendere ou son équivalent, ne devra pas créer en soi une présomption que la Personne Couverte n'a pas agi de
bonne foi ou d'une manière que la personne avait des raisons de croire dans l'intérêt ou non contraire aux meilleurs
intérêts de la Société, et, s'agissant d'une éventuelle action ou procès criminel, la personne n'avait pas de raisons de croire
que sa conduite était contraire à la loi.
Les frais (incluant les honoraires d'avocats) encourus par la Personne Couverte dans le cadre d'une éventuelle action,
demande ou procès de la nature décrite dans l'alinéa précédent peut, à la seule et absolue discrétion de la Société et dans
tous les cas où la Société y est obligée en vertu des lois applicables, jugements ou ordonnances, peuvent être payés par
la Société en avance sur la décision finale de l'action, demande ou procès à condition d'avoir reçu un engagement par ou
pour le compte de la Personne Couverte de repayer un tel montant s'il devait finalement être déterminé que la Personne
Couverte n'a pas droit à être indemnisée par la Société comme autorisé dans cette section. De plus, la Société peut
choisir à tout moment de cesser d'avancer des frais à la Personne Couverte si de telles avances sont déterminées par la
Société, à sa seule et absolue discrétion, comme n'étant pas dans le meilleur intérêt de la Société.
Art. 14. L'associé unique exerce tous les pouvoirs attribués à l'assemblée générale des associés.
En cas de pluralité d'associés, chaque associé peut prendre part aux décisions collectives, quel que soit le nombre de
parts qu'il détient. Les décisions collectives ne sont valablement prises que pour autant qu'elles soient adoptées par des
associés détenant plus de la moitié du capital social.
Toutefois, les résolutions modifiant les Statuts ne peuvent être adoptées que par une majorité d'associés détenant au
moins les trois quarts du capital social, conformément aux prescriptions de la Loi.
Art. 15. L'exercice social commence le premier janvier et se termine le trente et un décembre de la même année.
Art. 16. Chaque année, à la fin de l'exercice social, les comptes de la Société sont établis et le Gérant Unique, ou le
Conseil de Gérance, prépare un inventaire comprenant l'indication de la valeur des actifs et passifs de la Société.
Tout associé peut prendre connaissance desdits inventaire et bilan au siège social de la Société.
Art. 17. L'excédent favorable du compte de profits et pertes, après déduction des frais, charges, amortissements et
provisions, constitue le bénéfice net de la Société.
Chaque année, cinq pour cent (5%) du bénéfice net sont affectés à la réserve légale.
Ces prélèvements cessent d'être obligatoires lorsque la réserve légale atteint dix pour cent (10%) du capital social,
mais doivent 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 des bénéfices nets peut être distribué aux associés en proportion avec leur participation dans le capital de la
Société.
Art. 18. Au moment de la dissolution de la Société, la liquidation est assurée par un ou plusieurs liquidateurs, associés
ou non, nommés par l'(es) associé(s) qui détermine(nt) leurs pouvoirs et rémunération.
Après paiement de toutes les dettes et charges de la Société et de tous les frais de liquidation, le boni de liquidation
sera réparti équitablement entre tous les associés en proportion de leur participation dans la Société.
Art. 19. Pour tout ce qui ne fait pas l'objet d'une disposition spécifique des Statuts, il est fait référence à la Loi.
<i>Disposition transitoirei>
Le premier exercice social commence le jour de la constitution de la Société et se termine le 31 décembre 2012.
99261
L
U X E M B O U R G
<i>Souscription - Libérationi>
Les statuts de la Société ayant été ainsi arrêtés, les vingt mille (20.000) parts sociales ont été souscrites et intégralement
libérées à valeur nominale par Georgia-Pacific LLC, prénommée, par apport en nature consistant en une créance d'un
montant de vingt mille Dollars Américains (USD 20.000,00), détenue par Georgia-Pacific LLC, prénommée, envers Geor-
gia-Pacific Financial Management LLC, une société à responsabilité limitée établie et régie selon les lois du Delaware, ayant
son siège social au 1209 Orange street, DE-19801 Wilmington, New Castle, Etats-Unis d'Amérique et enregistrée auprès
du Secrétaire d'Etat de l'Etat du Delaware sous le numéro 4235697, laquelle créance est incontestable, fongible et exigible.
<i>Preuve de l'existence et valeur de l'apporti>
Preuve de l'existence et de la valeur de cet apport en nature a été donnée par:
- un bilan au 29 juin 2012 de Georgia-Pacific LLC, prénommée, certifié «sincère et véritable» par sa gérance;
- une déclaration d'apport de Georgia-Pacific LLC, prénommée, certifiant qu'elle est propriétaire sans restrictions de
la créance apportée.
<i>Réalisation effective de l'apporti>
Georgia-Pacific LLC, prénommée, par son mandataire, déclare que:
- elle est seule propriétaire sans restrictions de la créance apportée et possède les pouvoirs d'en disposer, celle-ci
étant légalement et conventionnellement librement transmissible;
- toutes autres formalités sont en cours de réalisation dans la juridiction de situation de la créance, aux fins d'effectuer
son transfert et le rendre effectif partout et vis-à-vis de tous tiers.
<i>Fraisi>
Le comparant a évalué le montant des frais, dépenses, rémunérations et charges, sous quelque forme que ce soit, qui
incombent à la Société ou qui sont mis à sa charge à raison de sa constitution à environ mille cinq cents euros (€ 1.500,-).
<i>Décisions de l'associé uniquei>
L'associé unique a pris les résolutions suivantes:
1. Les personnes suivantes sont nommées gérants de la Société pour une durée indéterminée:
- M. David Gregory Park, company director, né le 31 janvier 1966 au Canada, ayant son adresse professionnelle au
133, Peachtree Street, NE, 42
nd
Floor, Atlanta, Georgia, 30303, Etats-Unis d'Amérique;
- M. Joseph Richards Martin, company director, né le 28 novembre 1976 au Massachusetts, Etats-Unis d'Amérique,
ayant son adresse professionnelle au 133, Peachtree Street, NE, 42
nd
Floor, Atlanta, Georgia, 30303, Etats-Unis d'Amé-
rique.
Envers les tiers, la Société est valablement engagée par la signature individuelle du Gérant Unique ou, en présence d'un
Conseil de Gérance, par la signature individuelle de n'importe quel membre du Conseil de Gérance.
2. L'adresse du siège social est fixée au 20, rue Eugène Ruppert, L-2453 Luxembourg, Grand-Duché de Luxembourg.
<i>Déclarationi>
Le notaire soussigné qui comprend et parle l'anglais, constate par les présentes qu'à la requête du mandataire des
personnes comparantes, le présent acte est rédigé en anglais suivi d'une version française. A la requête des mêmes
personnes et en cas de divergences entre le texte anglais et le texte français, la version anglaise fera foi.
DONT PROCES-VERBAL, fait et passé à Esch/Alzette, les jour, mois et an qu'en tête des présentes.
Lecture faite et interprétation donnée au mandataire de la personne comparante, connue du notaire par ses nom et
prénom, état et demeure, elle a signé avec Nous, notaire, le présent acte.
Signé: Conde, Moutrier Blanche.
Enregistré à Esch/Alzette Actes Civils, le 6 juillet 2012. Relation: EAC/2012/8823. Reçu soixante-quinze euros (75,00
€).
<i>Le Receveuri> (signé): Santioni A.
POUR EXPEDITION CONFORME.
Référence de publication: 2012090051/426.
(120126970) Déposé au registre de commerce et des sociétés de Luxembourg, le 23 juillet 2012.
LSF6 Rio S.à r.l., Société à responsabilité limitée.
Siège social: L-2557 Luxembourg, 7, rue Robert Stümper.
R.C.S. Luxembourg B 142.934.
Le bilan au 31 décembre 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.
99262
L
U X E M B O U R G
Luxembourg, le 23 juillet 2012.
<i>Un mandatairei>
Référence de publication: 2012090190/11.
(120127406) Déposé au registre de commerce et des sociétés de Luxembourg, le 23 juillet 2012.
LSF7 Silverstone S.à r.l., Société à responsabilité limitée de titrisation.
Siège social: L-2557 Luxembourg, 7, rue Robert Stümper.
R.C.S. Luxembourg B 151.008.
Le bilan au 31 décembre 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 23 juillet 2012.
<i>Un mandatairei>
Référence de publication: 2012090191/11.
(120127274) Déposé au registre de commerce et des sociétés de Luxembourg, le 23 juillet 2012.
LSRC S.à r.l., Société à responsabilité limitée.
Siège social: L-1420 Luxembourg, 7, avenue Gaston Diderich.
R.C.S. Luxembourg B 118.838.
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.
<i>Pour LSRC S.à r.l.
i>United International Management S.A.
Référence de publication: 2012090193/11.
(120126507) Déposé au registre de commerce et des sociétés de Luxembourg, le 23 juillet 2012.
Lunala Investments S.A., Société Anonyme.
Siège social: L-2146 Luxembourg, 63-65, rue de Merl.
R.C.S. Luxembourg B 113.716.
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.
Signature.
Référence de publication: 2012090195/10.
(120127473) Déposé au registre de commerce et des sociétés de Luxembourg, le 23 juillet 2012.
Regify S.A., Société Anonyme.
Siège social: L-1470 Luxembourg, 7, route d'Esch.
R.C.S. Luxembourg B 156.705.
AUSZUG
In seiner Sitzung vom 20. Juni 2012, beschließt die Generalversammlung einstimmig, den Rücktritt des Aufsichtskom-
missars, LUXREVISION S. à r. l. rückwirkend auf den 31.12.2011 zu akzeptieren.
Ein Wirtschaftsprüfer wird ernannt, die Gesellschaft FIDEWA - CLAR S.A., eingetragen im Handelsregister Luxemburg
unter der Referenz B 165.462, mit Sitz in L-3364 Leudelange in 2-4, rue du Château d'Eau, mit einem Mandat von 2 Jahren
bis zur ordentlichen Generalversammlung die im Jahre 2014 stattfindet.
Luxemburg, den 20. Juni 2012.
<i>Für REGIFY S.A.
i>Kurt KAMMERER
<i>Delegiertes Verwaltungsratsmitgliedi>
Référence de publication: 2012090349/17.
(120126896) Déposé au registre de commerce et des sociétés de Luxembourg, le 23 juillet 2012.
99263
L
U X E M B O U R G
Investar, Société à responsabilité limitée.
Capital social: EUR 2.500.000,00.
Siège social: L-1931 Luxembourg, 19, avenue de la Liberté.
R.C.S. Luxembourg B 28.383.
Prorogation des mandats des administrateurs
L’Assemblée générale du 29 juin 2012 a prorogé les mandats de tous les administrateurs venus à échéance. Les mandats
des administrateurs suivants sont prorogés pour une nouvelle période de 6 (six) ans et viendront à expiration lors de
l’assemblée générale annuelle à tenir en l’an 2018:
- Michel WURTH, avec adresse au 24-26 boulevard d’Avranches, L-1160 Luxembourg
- Marco CASAGRANDE, avec adresse au 60 bld J.F. Kennedy, L-4002 Esch-sur-Alzette
- Patrick DURY, avec adresse au 11 rue du Commerce, L-1351 Luxembourg
- Eva KREMER, avec adresse au 7 rue du Saint-Esprit, L-1475 Luxembourg
- Alex NICK, avec adresse au 24-26 boulevard d’Avranches, L-1160 Luxembourg
- Gaston REINESCH, avec adresse au 3 rue de la Congrégation, L-1352 Luxembourg
- Constance THILL, avec adresse au 24-26 boulevard d’Avranches, L-1160 Luxembourg
Prorogation des mandats des commissaires
L’Assemblée générale du 29 juin 2012 a prorogé les mandats des commissaires également venus à échéance. Les
mandats des commissaires suivants sont prorogés pour une nouvelle période de 6 (six) ans et viendront à expiration lors
de l’assemblée générale annuelle à tenir en l’an 2018:
- Marco GOELER, avec adresse au 7 rue du Saint-Esprit, L-1475 Luxembourg
- Emmanuel ZIANE, avec adresse au 19 avenue de la Liberté, L-2930 Luxembourg
Pour mention aux fins de la publication au Mémorial, Recueil des Sociétés et Associations.
Luxembourg, le 20 juillet 2012.
Référence de publication: 2012090112/27.
(120127085) Déposé au registre de commerce et des sociétés de Luxembourg, le 23 juillet 2012.
Softec S.A., Société Anonyme.
Siège social: L-7417 Brouch, 7, rue du Moulin.
R.C.S. Luxembourg B 60.529.
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 23 juillet 2012.
<i>Pour SOFTEC S.A.
i>Denis Gervalle
<i>Administrateur-déléguéi>
Référence de publication: 2012090425/13.
(120126825) Déposé au registre de commerce et des sociétés de Luxembourg, le 23 juillet 2012.
Société Financière de la Chaussée S.A., Société Anonyme.
Siège social: L-4761 Pétange, 59, route de Luxembourg.
R.C.S. Luxembourg B 66.319.
Le Bilan abrégé 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 23 Juillet 2012.
Référence de publication: 2012090419/10.
(120127418) Déposé au registre de commerce et des sociétés de Luxembourg, le 23 juillet 2012.
Editeur:
Service Central de Législation, 43, boulevard F.-D. Roosevelt, L-2450 Luxembourg
Imprimeur: Association momentanée Imprimerie Centrale / Victor Buck
99264
Alu-Rex Europe S.A.
BlueGem Delta Sàrl
G.M.T. Swedecom S.à r.l.
GP CTB North S.à r.l.
Investar
Kiesoffice, S.à r.l.
Kiffer Impress
Kingstone Holdings S.à r.l.
Kingstone Investment S.à r.l.
Konkret S.à r.l.
KPM Investment S.A.
Krakow Development S.à r.l.
KRIL Europe Fund I S.à r.l.
LaMAGGESE S.A.
L'Art du Bain S.à r.l.
La Terre Rouge S.à r.l.
Latimo S.A.
LaVita Marketing BeNeLux S.à r.l.
LaVita Marketing BeNeLux S.à r.l.
LCB Prop Co. B S.à r.l.
LCF Financial Participations S.à r.l.
Lefebvre Investissements S.A.
Le Nom de la Fleur S.à r.l.
Leopard Germany Bero Holding 1 S.à r.l.
Leopard Germany Bero Holding 2 S.à r.l.
Leopard Germany Ed 2 LP S.à.r.l.
Leopard Germany Holding 3 S.à.r.l.
LeverageSource XI S.à r.l.
Liberty Capital S.A.
L.I.I. International S.à r.l.
Liquid Cool S.A.
LISA Lux S.A.
Livelihoods Fund SICAV SIF
Loewe Sued, S.àr.l.
Logovision Europe
Loisirs Games s.à r.l.
LSF6 Rio S.à r.l.
LSF7 Silverstone S.à r.l.
LSF Elancourt Investments S.à r.l.
LSRC S.à r.l.
Luminstar Capital Fund S.A.
Lunala Investments S.A.
LuxMultiservices S.A.
Lux Wind Holdings S.à r.l.
Lux Wind Holdings S.à r.l.
Microcap 07 - FTL S.C.A, SICAR
Momentum Global Funds
MyTravel Luxembourg S.à r.l.
Regify S.A.
SHCO 34 S.à r.l.
Sixt S.à r.l.
Société Financière de la Chaussée S.A.
Softec S.A.
Starbev Participation Sàrl
Zitek S.A.