TEL AVIV, Israel, Nov. 23, 2016 /PRNewswire/ -- Tikcro Technologies Ltd. (OTCQX: TIKRF) today announced that its Annual General Meeting of Shareholders will be held on December 28, 2016 at 10:30 a.m.Israel time, at the office of the Company at 7 Sapir Street, Ness Ziona, Israel. The agenda of the meeting is as follows: (1) election of Eric Paneth and Izhak Tamir to the Board of Directors; (2) re-approval of the existing compensation policy for officers and directors for a period of three years; (3) reappointment of Kost Forer Gabbay and Kasierer, a member of Ernst & Young Global, as independent auditors; and (4) consideration of audited financial statements for the year ended December 31, 2015. Items 1 and 3 require the approval of a simple majority of the shares voted on the matter. Item 2 requires the affirmative vote of a majority of the shares present, in person or by proxy, and voting on the matter, provided that either (i) at least a majority of the shares of non-controlling shareholders and shareholders who do not have a personal interest in the resolution are voted in favor of the proposal, or (ii) the total number of shares of non-controlling shareholders and of shareholders who do not have a personal interest in the resolution voted against the proposal does not exceed two percent of the outstanding voting power in the Company. Item 4 will not involve a vote of the shareholders.