Extraordinary Shareholder Meeting Announcement
AB Utenos trikotažas is calling an extraordinary general meeting for its shareholders. This comes as a key initiative from the company’s management board to discuss significant changes and proposals for the company’s future. The meeting is scheduled to allow shareholders a platform to engage in decision-making processes regarding vital corporate matters, particularly focusing on the reorganization of the company.
Meeting Details and Agenda
The Extraordinary General Meeting will take place at the company’s registered office. Shareholders are invited to arrive between designated hours to register for the meeting. The comprehensive agenda includes essential items that will impact the company’s structural future. Specifically, the agenda will encompass:
- Approval of the reorganization through a merger.
- Endorsement of the reorganization terms.
- Amendments and approval of the Company’s Articles of Association.
- Granting necessary powers to complete these actions.
Shareholder Rights and Voting Procedures
Shareholders holding shares as of the record date will have rights to participate and vote, either in person or through a proxy. It is crucial for shareholders to bring valid identification for the meeting. If a shareholder cannot attend, they may authorize another individual to act on their behalf, provided proper documentation is presented. The company aims to facilitate the voting process, allowing advance written voting through a general ballot system. This ensures that all shareholders can easily express their opinions on the proposed resolutions.
Voting in Advance
If a shareholder prefers to vote in advance, they can request a general ballot paper from the company, which will be provided without charge. This ensures that even shareholders unable to attend the meeting physically can still contribute to the decision-making process.
Proposing Agenda Items and Questions
Notably, shareholders who collectively own at least 1/20 of the votes have the right to propose additional items for consideration at the meeting. This inclusivity underlines the organization's commitment to democratic governance within the corporate structure. Any proposed agenda items must be submitted in writing at least 14 days prior to the meeting. Furthermore, shareholders can raise questions about the meeting agenda, ensuring transparency and accountability in corporate conduct.
Accessing Meeting Documents
All relevant documents, including draft resolutions, will be available for shareholders at the company’s headquarters and on the official company website. This access enables shareholders to review information critical to informed voting decisions.
Contact Information
For any inquiries or additional information, shareholders are encouraged to contact Aurimas Likus, the Chief Financial Officer, at the provided telephone number. Ensuring readiness and understanding among shareholders is a top priority for the leadership team.
Frequently Asked Questions
What is the date and time for the Extraordinary General Meeting?
The meeting is set for 29 August 2025, at 11:00 a.m.
How can I participate if I cannot attend the meeting?
You can authorize someone to vote on your behalf or submit your vote in advance using the general ballot.
What should I bring to the meeting?
Bring an identification document to verify your identity as a shareholder.
Where can I find the documents for the meeting?
Documents will be available at the company’s office and on the official website.
Who can propose new agenda items?
Shareholders owning at least 1/20 of the votes can propose new items up to 14 days before the meeting.
