JSC "Rigas kugu buvetava"
Reg. No 40003045892, address: Riga, Gales Street 2, LV-1015
Draft decisions of ordinary Meeting of Shareholders
April 27, 2015, Riga
1. Approval of auditor of the company for 2014.
Draft decision:
Because of the auditor’s refusal to make audit of the Annual report 2014 approve “Deloitte Latvia” LLC as the auditor of the Annual report 2014.
2. Report of the Management Board.
Draft decision:
Take into account the report of the Management Board of JSC “Rigas kugu buvetava” on the results of activity in 2014.
3. Report of the Council.
Draft decision:
Take in to account the report of the Council of JSC “Rigas kugu buvetava”.
4. Approval of the Annual report for the year 2014.
Draft decision:
To approve JSC “Rigas kugu buvetava” annual report of 2014.
5. Distribution of the profit for the year 2014.
Draft decision:
Considering that in 2014 JSC “Rigas kugu buvetava” worked with losses, to take the undistributed profit of the previous years to cover the Company's losses.
6. Denomination of Share capital
Draft decision:
Perform the Denomination of Share capital of the Company from Latvian lats to euro determining July 1st, 2015 as the date of Denomination. Approve that the Share capital of the Company after Denomination is EUR 16 340 949.80 (sixteen millions three hundred forty thousand nine hundred forty nine euro 80 cents) which consists of 11 672 107 (eleven millions six hundred seventy two thousand one hundred seven) shares each share having a nominal value of EUR 1.40 (one euro, 40 cents). Number of shares held by Company shareholders does not change. Balance after Denomination of Share capital is to count in to reserves of the Company.
7. Amendments to the Statute (only in the context with Denomination of Share capital).
Draft decision:
On the Basis to the Denomination of the Company’s Share capital from the LVL to the EUR, approve the Clause 2.1 of the Statutes as follows:
“2.1. The Share capital of the Company is EUR 16 340 949.80 (sixteen millions three hundred forty thousand nine hundred forty nine euro) which consist of 11 672 107 (eleven millions six hundred seventy two thousand one hundred seven) shares each share having a nominal value of EUR 1.40 (one euro, 40 cents).”
8. Election of the auditor for the audit and determination of remuneration for the auditor.
Draft decision:
To elect a certified auditor (name of the firm or the auditor) as the Auditor of the Annual report 2015. To determine the Auditors reward not more than EUR _______ without VAT.
