Key Updates on the Annual General Meeting of Ignitis Group
Exciting Updates for the Ignitis Group Shareholders
The retained earnings figure for AB “Ignitis grup?” has been amended for the upcoming Annual General Meeting. It now stands at EUR 320,319,368.41, following a revision made only to the English version of the document. This adjustment reflects the company’s commitment to transparency and accuracy in their financial reporting.
Annual General Meeting Announcement
On a recent date, the Management Board of AB “Ignitis grup?,” a legal entity recognized for its impactful role in the energy sector, made a significant decision. They have announced the convening of the Annual General Meeting (AGM) for all shareholders.
The AGM is scheduled to occur on a Wednesday in March, where shareholders can gather for essential discussions about the company’s future. Registrations for the event will commence an hour prior to the meeting, allowing shareholders ample opportunity to sign in and prepare for the agenda ahead.
Agenda Highlights of the AGM
As shareholders prepare for the AGM, it's vital to highlight the important agenda set forth for the gathering. The topics of discussion will include:
- Approval of the consolidated annual management report for the preceding year.
- Review and approval of the annual financial statements and consolidated financial statements reflecting the company's performance.
- Deliberation on the profit allocation for the recently concluded financial year.
Insights from the Supervisory Board
The Supervisory Board of the Group provides key insights based on comprehensive reports from the Management Board and the Audit Committee. This collaboration aims to enhance both accountability and transparency as they navigate essential decisions during the AGM. The board's proposals for shareholder approval will reflect their commitment to the company's strategic goals.
Among the board’s recommendations includes the endorsement of the consolidated annual management report for the year and details of the remuneration strategies, designed to align shareholder interests with operational performance.
Acknowledgement of Leadership Performance
In the spirit of recognition, the outstanding achievements of the Management Board and the CEO will also be acknowledged during the AGM. Their efforts in implementing the operational strategy have contributed significantly to the Group’s growth and sustainability.
Further Information on AGM Proceedings
For shareholders seeking more detailed information regarding the AGM, including draft resolutions and broader discussions, pertinent details can be found in the attached notices that accompany this announcement.
Should you have questions or require further information, please reach out to our communications team:
Communications Contact:
Valdas Lopeta
Phone: +370 621 77993
Email: valdas.lopeta@ignitis.lt
Investor Relations Contact:
Ain? Riffel-Grinkevi?ien?
Phone: +370 643 14925
Email: aine.riffel-grinkeviciene@ignitis.lt
Frequently Asked Questions
What is the purpose of the AGM?
The AGM serves to discuss and approve key financial documents and strategies impacting the company's future.
When will the AGM take place?
The AGM is set for a Wednesday in March, with registration starting at 15:00.
How can shareholders submit their comments?
Shareholders can present their comments and proposals during the AGM.
What are the main agenda items?
Main items include approval of financial statements and profit allocation for the past year.
Who should I contact for more information?
For queries, shareholders should contact Valdas Lopeta or Ainë Riffel-Grinkevi?ien? through the provided email addresses or phone numbers.
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