The following resolutions have been adopted at the Annual General Shareholders’ Meeting of Panevezio statybos trestas AB taken place on 28 April 2016:
The conclusions of the audit regarding the Financial Statement and Annual Report of the Company for the year 2015.
Information heard.
The Annual Report of the Company for the year 2015.
Information heard.
Approval of the set of Financial Statements of the Company for the year 2015.
The sets of Consolidated and Individual Financial Statements of Panevezio statybos trestas AB for the year 2015 have been approved.
Appropriation of profit (loss) of the Company for the year 2015.
The following appropriation of profit (loss) of Panevezio statybos trestas AB for the year 2015 has been approved:
4.1. Unappropriated profit (loss) of the previous financial year at the end of the accounting financial year – 32,206,158 EUR;
Dividends paid – - 1,079,100 EUR;
Net profit (loss) of the accounting financial year – 328,238 EUR;
Profit (loss) of the accounting financial year unrecognized in profit (loss) statement 154,352 EUR;
Transfers from reserves – 0 EUR;
Contributions of shareholders to cover the loss of the Company (in case of the shareholders’ decision to cover all or a part of loss) – 0 EUR;
Total profit (loss) available for appropriation – 31,609,648 EUR;
a part of profit to the legal reserve – 613 EUR;
a part of profit to the reserve for the acquisition of own shares – 0 EUR;
a part of profit to other reserves – 0 EUR;
a part of profit for dividend paying – 261,977 EUR;
a part of profit for bonuses (tantiemes) for the members of the Board and Supervisory Board, premium pays for employees and other purposes – 65,647 EUR;
Unappropriated profit (loss) at the end of the accounting financial year transferred to the next financial year – 31,281,411 EUR.
4.2. To allocate 32,823.5 EUR from the part of profit for annuity (bonuses) for the members of the Board and Supervisory Board, premium pays for employees and other purposes – 65,647 EUR, to Remigijus Juodvirsis, the Chairman of the Board of Panevezio statybos trestas AB. To obligate Remigijus Juodvirsis, the Chairman of the Board, to appropriate the remaining amount of 32,823.5 EUR for annuity (bonuses) for the members of the Board and Supervisory Board, premium pays for employees and other purposes to the members of the Board of Panevezio statybos trestas AB.
To allocate dividends in the amount of 0.016023 EUR for each ordinary share of Panevezio statybos trestas AB of the nominal value of 0.29 EUR.
Election of the members for the audit committee.
The following members have been elected to the audit committee:
Drasutis Liatukas (as an independent member)
Lina Rageliene
Regina Sukareviciene
6. Conversion of the authorized capital and nominal value of the shares of Panevezio statybos trestas AB from expression in Litas to expression in Euros.
Following the provisions of the Law on Introduction of the Euro in the Republic of Lithuania and the Law on Redenomination to the Euro of the Capital and Nominal Value of Securities of Public Limited Liability Companies and Private Limited Liability Companies and Amendment of the Articles of Association of These Companies of the Republic of Lithuania, to convert the nominal value of one share of Panevezio statybos trestas AB from 1 (one) Litas to 0.29 Euro (twenty nine hundredth Euro) and determine accordingly the expression of the authorised capital of the Company in Euros to be 4,741,500 (four million seven hundred forty one thousand five hundred) Euros divided into 16,350,000 (sixteen million three hundred fifty thousand) ordinary registered shares.
7. Approval of the new revision of the Articles of Association of Panevezio statybos trestas AB.
7.1. Considering the decision taken on conversion of the authorized capital and nominal value of the shares of Panevezio statybos trestas AB from expression in Litas to expression in Euros and amendments to be made covering only conversion of the authorized capital and nominal value of the shares of the Company from expression in Litas to expression in Euros, to approve the new revision of the Articles of Association of the Company.
7.2. To authorise Dalius Gesevicius, the Managing Director of Panevezio statybos trestas AB, to sign the new revision of the Articles of Association of Panevezio statybos trestas AB (Appendix) and perform all necessary actions related to implementation of the decision taken.
Dalius Gesevicius
Managing Director
Panevezio statybos trestas AB
Information
Phone: (+370 45) 505 503
