Good morning. My name is Dag Opedal, I am the deputy chairman of the Board of Directors of Elkem ASA. Before we start the official general meeting, I first wish to give you some practical information. Our secretarial function today is managed by DNB Registrar Department. They will be in charge of registration and counting of shares represented in the meeting, and in due course, the counting of the votes cast at the meeting. As you are aware, this meeting is conducted as a virtual meeting. I assume that most shareholders present are well-acquainted with the digital general meetings conducted by use of the Lumi platform. For them which this solution is new, you will find information under the Home button. Agenda item number one. I welcome you all to this extraordinary general meeting of Elkem ASA.
Together with me are our CFO, Morten Viga, Senior Vice President for Business Development, Morten Magnus Voll, and Head of Investor Relations, Odd-Geir Lyngstad. Present is also Hans Cappelen Arnesen from the law firm Thommessen. I will now refer to the list of represented shares here today. 19,751,630 shares are represented by proxy. 131,375,379 shares are represented by advance votes. 338,338,536 shares are represented by instructions to the chairman or myself. Four shareholders participating online and representing in aggregate 159,006 shares.
In aggregate, this is 489,624,551 shares represented, which constitutes 77.2% of the share capital. We now move on to item number two on the agenda, where the Board of Directors has proposed that Hans Cappelen Arnesen, Partner with Thommessen, is elected to chair the meeting, and Morten Viga, our CFO, is elected to co-sign the minutes together with the chair of the meeting. I will hereby kindly ask the shareholders to cast their votes on agenda two. The voting is now closed, and the count of votes shows that the proposals have been approved. I will hereby hand over the management of the general meeting to Hans Cappelen Arnesen.
Thank you, Dag. We have some echo. We will then move over to agenda item three, which is approval of the notice and agenda for this meeting. The Board of Directors has proposed that the notice on the agenda are approved by the General Meeting. If there are no comments or questions to this agenda item, we will go to the voting for this item. If you have not voted yet, please do so now because we will close for voting shortly. The notice and the agenda have been approved by the General Meeting. When it comes to the exact number of shares, voted for and against or abstaining from each agenda item, that will be disclosed together with the minutes from this meeting.
I will not read the numbers under each agenda item. We will move on to agenda item number four, which is approval of the share purchase agreement that has been entered into with Bluestar. The background for this proposal is explained in the notice of the agenda and also in the statement from the board referred to therein, and the statement from PwC, which is also referred to in the agenda. Are there any comments or questions to the background for the proposal? You will see the proposal and the proposed solution on your screen. There seems to be no comments or questions to this agenda item, so I suggest we move on to voting. Those of you who have not voted yet and would like to vote can do so now, and we will close for voting shortly.
Bluestar is not entitled to vote, so their shares will not be included in the counting. The voting has now been closed, the proposed solution is approved by the general meeting. Agenda item five, which is a share capital decrease related to the share purchase agreement. The background for the proposal is explained in the notice of the general meeting. If there are any comments or questions to the proposal, please let us know. Otherwise, we will move on to voting on this agenda item. There seems to be no comments or questions to the proposal, you can see the proposed solution on your screen.
If you have not voted yet, please do so now if you would like to vote, because we will close for voting shortly. Thank you. We have now closed for voting. The proposed resolution has been adopted by the general meeting. That was the last agenda item for today. Thank you all for participating, and the general meeting is now adjourned. Thank you.