On the initiative and decision of the Company's Management Board the General Shareholders Meeting of Utenos tirkotažas, AB (identification code: 183709468, the registered address: J. Basanavičiaus str. 122, Utena, Lithuania) is to be held on 30 April 2015 at 11:00 a.m. in the Company's office (J. Basanavičiaus str. 122, Utena).
Registration of the shareholders will start at 10:00 a.m.
The meeting accounting day is 23th of April 2015.
The Management Board of Utenos trikotažas (hereinafter ‘the Company') on 15 April 2015 decided to supplement the agenda of the Shareholders Meeting that is to be held on 30 April 2015, with the following question:
1. Election of the Company's auditor.
The supplemented agenda of the General Shareholders Meeting of Company:
1. Presentation of the Company annual report for the year 2014.
2. Report of the Company's auditor.
3. Approval of the Company and consolidated Group annual financial statements for the year 2014.
4. Allocation of the profit (loss) of the Company of 2014.
5. Election of the Company's auditor.
Draft agenda and draft decisions for the Annual General Meeting of Company shareholders to be held on 30 April 2015 proposed by the Board of the Company:
1. Presentation of the Company annual report for the year 2014.
There is no voting on this issue of agenda. It is proposed to get acquainted with Company's consolidated annual report for 2014 (Appendix No.1) .
2. Report of the Company's auditor.
There is no voting on this issue of agenda. It is proposed to get acquainted with Company's auditor's report (Appendix No.1).
3. Approval of the Company and consolidated Group annual financial statements for the year 2014.
Draft decision: to approve the annual financial statements of the Company and consolidated of the Group for the year 2014 (Appendix No.1).
4. Allocation of the profit (loss) of the Company of 2014.
Draft decision: to allocate the Company's profit of the year 2014 according to the draft of profit allocation presented for the Annual General Meeting of Shareholders (Appendix No.2).
5. Election of the Company's auditor.
Draft decision: the Company financial statements for 2015 and 2016 the performance of the audit purposes, to conclude a contract with UAB "ERNST & YOUNG BALTIC" (identification code 110878442, the registered address: Subačiaus str. 7, Vilnius), with the possibility to extend this agreement one - 2017 year. To approve the annual remuneration for the audit services EUR 15.300 (fifteen thousand three hundred euros) plus VAT.
Shareholders who at the end of the General Meeting of Shareholders' accounting day, i.e. 23 th of April 2015, will be shareholders of the Company, have a right to participate and vote at the General Meeting of Shareholders personally or by proxy, or to be represented by the person with whom an agreement on the transfer of voting rights is concluded.
A person attending the General Meeting of Shareholders and having a voting right must bring with him/her a person's identification document. A person who is not a shareholder must additionally produce a document confirming his/her right to vote at the General Meeting of Shareholders.
Each shareholder shall have a right, in the manner established by the Law, to authorise another (natural or legal) person on his/her behalf to attend and vote at the General Meeting of Shareholders. At the General Meeting of Shareholders, an authorised person shall have the same rights as would be held by the shareholder or shareholders represented by him/her, unless the authorized person's rights are limited by the power of attorney or by the Law. The authorised person must provide a power of attorney certified in the manner established by the Law. A power of attorney issued in a foreign state must be translated into Lithuanian and legalised in the manner established by the Law. The Company does not establish special form of power of attorney.
A shareholder or a person authorised by him/her shall have a right to vote in writing in advance by filling in the General Voting Ballot. Upon a shareholder's request, the Company, not later than 10 days before the General Meeting of Shareholders, shall send the General Voting Ballot by registered mail free of charge. The sample of General Voting Ballot is also provided on the Company's website at http://www.ut.lt . The General Voting Ballot, duly filled in and signed by the shareholder or a person, having a voting right, and the document confirming the voting right (if any) must be submitted to the Company in writing not later than on the last business day before the General Meeting of Shareholders by sending them by registered mail to AB “Utenos trikotažas”, registered at J.Basanavičiaus st. 122, LT-28214 Utena, Lithuania.
The Company is not providing the possibility to attend and vote at the General Meeting of Shareholders through electronic means of communication.
Each shareholder holding shares that grant at least 1/20 of all votes shall have the right of proposing to supplement the agenda of the General Meeting of Shareholders. Draft decisions on the proposed issues shall be submitted together with the proposal or, if the decisions do not need to be approved, explanations on each proposed issue of the General Meeting of Shareholders shall be presented. Proposal to supplement the agenda must be presented in writing by sending it by registered mail to AB “Utenos trikotažas”, registered at J.Basanavičiaus st. 122, LT-28214 Utena, Lithuania, or by e-mail utenos.trikotazas@ut.lt . The agenda will be supplemented if the proposal is received not later than 14 days before the General Meeting of Shareholders.
Each shareholder holding shares that grant at least 1/20 of all votes shall have the right of proposing draft resolutions on the issues already included or to be included in the agenda of the General Meeting of Shareholders. The proposed draft decisions at any time before the General Meeting of Shareholders must be presented in writing by sending them by registered mail to AB “Utenos trikotažas”, registered at J.Basanavičiaus st. 122, LT-28214 Utena, Lithuania, or by e-mail utenos.trikotazas@ut.lt . The shareholders shall also be entitled to propose draft resolutions on the agenda issues of the General Meeting of Shareholders in writing during the Meeting.
The shareholders shall have the right to present questions related to the agenda issues of the General Meeting of Shareholders to the Company in advance in writing, by providing the shareholder's (natural or legal person's) personal identification number, the natural person's consent to process personal data - personal identification number, in the letter and by sending it by registered mail. The Company undertakes to respond if the questions are received not later than 3 business days before the General Meeting of Shareholders. Responses of a general character shall be posted on the Company's website http://www.ut.lt . The Company will not respond personally to the shareholder if the respective information is posted on the Company's website.
The shareholders could get familiarised with the documents possessed by the Company related to the agenda of the Meeting, including draft resolutions, and other documents to be submitted to the General Meeting of Shareholders as well as to get information regarding execution of the shareholders' rights at the headquarters of AB “Utenos trikotažas”, registered at J.Basanavičiaus st. 122, LT-28214 Utena, Lithuania, or on the Company's website at http://www.ut.lt .
For more information please contact Mr. Gintautas Bareika, Managing Director of AB Utenos trikotažas, tel. No. 370 389 51445.
Managing Director AB “Utenos trikotažas” Gintautas Bareika
