Resolutions of the General Meeting of Shareholders
Post# of 301275
AB "Rokiskio suris", Pramones str.3, Rokiskis, Lithuania, 2017-04-28 13:01 CEST (GLOBE NEWSWIRE) -- The approved resolutions of the 28 April 2017 General Meeting of Shareholders:
1. Auditor’s findings regarding the consolidated financial reports and annual report.
Debriefed.
2. The Audit Committee report.
Resolution:
To endorse the report of the Audit Committee. (attached).
3. The Company’s consolidated annual report for the year 2016.
Debriefed with the consolidated annual report for the year 2016 of Rokiškio suris.
4. Approval of the consolidated and company’s financial accounting for the year 2016.
Resolution:
To approve the audited consolidated and company’s financial statements for the year 2016 (attached).
5. Allocation of the profit (loss) of the Company of 2016.
Resolution:
To approve the following profit (loss) distribution of the year 2016:
| Title | kEUR | |
| 1. | Non-distributable profit (loss) at beginning of year | 52,078 |
| 2. | Approved by shareholders dividends related to the year 2015 | (2,342) |
| 3. | Transfers from other reserves | 2,297 |
| 4. | Non-distributable profit (loss) at beginning of year after dividend payout and transfer to reserves | 52,033 |
| 5. | Net profit (loss) of the Company of fiscal year | 12,551 |
| 6. | Distributable profit (loss) of the Company | 64584 |
| 7. | Profit share for mandatory reserve | - |
| 8. | Profit share for other reserves | - |
| 9. | Profit share for dividend payout * | (3,228) |
| 10. | Profit share for annual payments (tantiemes) to the Board of Directors, employee bonuses and other as accounted by Profit (loss) statement | 1,076 |
| 11. | Non-distributable profit (loss) at end of year transferred to the next fiscal year | 61,356 |
*it will be allocated 0.10 eur per ordinary registered share. In total to the dividends payout EUR 3,228,117.30.
Persons entitled to receive dividends are those who are actual shareholders of the Company at the end of the tenth day after approval of the resolution for dividend pay-out by the general meeting of shareholders (shareholders proprietary right accounting day), i. e. May 15, 2017.
Pursuing the Laws of the Republic of Lithuania, dividends paid to physical bodies resided in the Republic of Lithuania as well as in foreign countries are subject to 15 per cent of residential income tax; Dividends paid to juridical bodies of the Republic of Lithuania as well as foreign countries are subject to 15 per cent of profit tax, unless it is stated differently the law.
6. Election of the Company’s Audit Committee.
Resolution:
For the subsequent 4 year term of office at the Audit Committee the following persons shall be elected: Kęstutis Kirejevas, Director Baltijos Enzimai, UAB (independent member), Kęstutis Gataveckas, Director Perlo paslaugos, UAB (independent member) and Rasa Žukauskaitė (Finance department employee of Rokiškio sūris, AB).
Remuneration for the independent members of the Audit Committee shall be identified by the Board of Directors. The Company’s manager is authorized to sign an agreement with the independent members of the Audit Committee.
7. Election of the Company’s auditor and establishment of payment conditions.
Resolution:
To appoint an audit company PriceWaterhouseCoopers, UAB to perform the audit of annual consolidated financial statements of the Group of Rokiskio suris, AB and the mother Company as well as evaluation of the consolidated annual report for the year 2017. The Board of Directors is authorized to establish reimbursement for the completed work of audit company. The Company’s Chief Executive Officer shall sign a contract with the audit company.
Dalius Trumpa Board Chairman +370 458 55200
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