Correction: Regarding convocation of Extraordinary General

New Post Public Reply Private Reply Replies (0) Message Board
News Desk 2018
79
Correction: Regarding convocation of Extraordinary General Meeting of Shareholders of Public limited liability company “Novaturas”

In Lithuanian version only corrected the date for setting the shareholders right to receive dividends. No corrections to the english version made.

On 5 September 2018 the Extraordinary General Meeting of Shareholders of Public limited liability company “Novaturas”, code 135567698, registered at A. Mickevičiaus st. 27, Kaunas, the Republic of Lithuania (hereinafter, the “Company”), is being convened (hereinafter, the “Meeting”) upon the initiative and decision of Board of the Company.

The place of the Meeting – hotel Radisson Blu Hotel Lietuva, conference centre (Konstitucijos ave. 20, Vilnius). The Meeting commences at 9.30 a.m. (registration starts at 8.30 a.m. and ends at 9.15 a.m.).

The meeting of the Board was convened in accordance with request of the Shareholder Central European Tour Operator S.a.r.l ., personal code B133714, registered address at L-1653 Luxembourg 2, avenue Charles de Gaulle which holds 3,700,874 ordinary registered shares of the Company, which constitute 47.4% of all the shares issued by the Company and votes carried thereby in the General Meeting of Shareholders of the Company (hereinafter – the Shareholder ), dated 8 August 2018, to convene the Extraordinary General Meeting of Shareholders. The purpose of the Extraordinary General Meeting of Shareholders is to pay dividends for the period shorter than the usual financial year.

The Meeting’s accounting day – 29 August 2018. The persons who are shareholders of the Company at the end of accounting day of the General Meeting of Shareholders or authorized persons by them, or the persons with whom shareholders concluded the agreements on the disposal of voting right, shall have the right to attend and vote at the Meeting.

The Board of the Company initiates and convenes the Meeting, which on 9 August 2018 approved the following agenda of the Meeting:

Agenda of the meeting:

  1. Announcement of Interim Report of Public limited liability company “Novaturas“   for the period of six months as of the end of 30 June 2018.

Draft decision proposed:

“The Interim Report of Public limited liability company “Novaturas“ for the period of six months as of the end of 30 June 2018, was announced for the Shareholders of the Company. The decision is not adopted on this matter of the agenda. "

  1. Approval of the set of audited interim financial statements for the period shorter than financial year as of the end of 30 June 2018.

Draft decision proposed:

"Approve the set of Interim Financial Statements of  Public limited liability company “Novaturas“  for the period of six months as of the end of 30 June 2018 audited by UAB „DELOITTE LIETUVA”, the Company‘s auditor.“

  1. T he allocation of dividends for shareholders of Public limited liability company “Novaturas“ for the period shorter than financial year as of the end of 30 June 2018.

Draft decision proposed:

" Considering the fact that all conditions for the allocation of dividends for a period shorter than the financial year set out in Paragraph 5 of Article 60 1 of the Law on Companies of the Republic of Lithuania are fulfilled, to approve for Shareholders of Public limited liability company “Novaturas” the allocation of dividends in the amount of 0.77 EUR per share of Public limited liability company for the period of six months as of the end of 30 June 2018."

  1. Election of the auditor for the performance of audit services for annual financial statements of the companies of the group of the Company and determination of the conditions of audits services for the 2018 – 2019 period.

Draft decision proposed:

“To elect auditor UAB „DELOITTE LIETUVA” for the performance of audit of annual financial statements of the companies of the group of the Company for 2018 and 2019 and determine that the payment for the performance of the audit services shall not be paid more than EUR 85,000 excluding VAT in 2018 and EUR 95,000 excluding VAT in 2019.”

The right to receive dividends will only apply to those, who are shareholders of  Public limited liability company “ Novaturas” at the end of 19 September 2018. In accordance with Article 60 Item 5 of the Company Law of the Republic of Lithuania the Company will pay allocated dividends not later than within one month from the day of the adoption of a decision on the allocation of dividends. The total number of the Company’s shares of EUR 0.03 par value each and the number of shares granting voting rights during the general meeting of shareholders is the same and amounts to 7,807,000. ISIN code of the Company’s shares is LT0000131872. The Company shall not provide the possibility to participate and vote in the Meeting through electronic communication means. Draft resolutions on agenda issues, documents to be submitted to the Meeting and other information related to the exercising of the shareholders’ rights are available on the website of the Company  www.novaturasgroup.com  on the menu item “For investors”. This information will also be available for the shareholders at the head office of the Company (A. Mickevičiaus st. 27, Kaunas, the Republic of Lithuania) on business days from 8 a.m. till 4 p.m. The shareholders holding shares that grant at least 1/20 of all votes shall have the right of proposing to supplement the agenda of the Meeting by providing the draft resolution on each additionally proposed issue or in case no resolution is required – the relevant explanation. The proposals to supplement the agenda shall be submitted in writing or by e-mail. The proposals shall be presented in writing to the Company on business days or by sending them to its registered mail address, A. Mickevičiaus st. 27, LT-44245 Kaunas, the Republic of Lithuania. The proposals submitted via e-mail shall be sent to  tomas.staskunas@novaturas.lt . The proposals to supplement the agenda with the additional issues shall be received in the Company till 22 August 2018, 4 p.m. In case the agenda of the Meeting is supplemented the Company will notify on it no later than 10 days before the Meeting in the same manner as on convening of the Meeting. Each shareholder holding shares that grant at least 1/20 of all votes at any time before the general meeting of shareholders or during the meeting 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, as well as the additional candidates to the members of the Supervisory Council of the Company (if elected). The proposed draft decisions must be presented in writing sending them by registered mail or providing them against signature at the address of the registered office of the Company indicated in the notice. The shareholders shall have the right to present questions related to the issues of the agenda of the Meeting to the Company in advance in writing. The shareholders shall present the questions not later than 3 business days before the Meeting via electronic mail to  tomas.staskunas@novaturas.lt . The Company undertakes to respond to the submitted questions via electronic mail till the Meeting’s day, except the questions related to the Company’s commercial (industrial) secret, confidential information, as well as if the questions will be received in the Company later than 3 business days before the Meeting. Responses of a general character shall be posted on the Company’s website www.novaturasgroup.com .  The Company will not respond personally to the shareholder if the respective information is posted on the Company’s website. Each shareholder shall have a right in the manner established by the laws to authorise other (natural or legal) person to attend and vote at the general meeting of shareholders on his/her behalf. At the general meeting of shareholders an authorised person shall have the same rights as would be held by the shareholder represented by him/her, unless the authorized person’s rights are limited by the power of attorney or by laws. The authorized person must provide a power of attorney certified in the manner established by laws. A power of attorney issued in a foreign state must be translated into Lithuanian and legalised in the manner established by laws. Shareholder shall also have the right to authorize through electronic communication means another person (natural or legal) to participate and vote in the Meeting on shareholder’s behalf. Such authorization shall not be confirmed by the notary public. The power of attorney issued through electronic communication means must be confirmed by the shareholder with a safe electronic signature developed by safe signature equipment and approved by a qualified certificate effective in the Republic of Lithuania. The shareholder shall inform the Company on the power of attorney issued through electronic communication means by e-mail  tomas.staskunas@novaturas.lt  no later than on the last business day before the Meeting by 4:00 p.m. The power of attorney and notification shall be issued in writing. The power of attorney and notification to the Company shall be signed with the electronic signature but not the letters sent via e-mail. By submitting the notification to the Company the shareholder shall include the Internet address from which it would be possible to download free of charge software to verify an electronic signature of the shareholder. Each shareholder or representative thereof shall have the right to cast his/her vote in advance in writing by filling in a general ballot paper. The form of a general ballot paper is provided on the Company’s website  www.novaturasgroup.com  on the menu item “For investors”. Upon a written shareholder’s request, the Company no later than 10 days before the Meeting shall send a general ballot paper by registered mail or hand it in person against signature. The general ballot paper filled shall be signed by the shareholder or his/her representative. In case the ballot paper is signed by the shareholder’s authorized representative, such person together with the filled ballot paper shall submit the document confirming the voting right. The ballot paper filled and the document confirming the voting right (if required) shall be submitted in a written form to the Company by its registered mail address, A. Mickevičiaus st. 27, LT-44245 Kaunas, the Republic of Lithuania, or by submitting it to the Company. Valid will be dully filled-in ballot papers, received in the Company until the Meeting. Attached:

  1. General voting ballot;
  2. Interim financial statements with Interim Report.

Attachments

Scroll down for more posts ▼

Top 10 Most Recent News Articles

Intus Bio Secures $2.7M for Colorectal Cancer Test

Updated Category News Views 5

Pioneering Efforts in Early-Onset Colorectal Cancer Detection The battlefield of colorectal cancer prevention just got a serious upgrade with Intus Bio grabbing a $2.7 million award. This ain't just pocket change—it's a shot at rewriting the script on how we approach early-onset colorectal cancer, the pesky number one cancer gnawing at the under-50 crowd. Partnering...

Continue Reading
NYSE Reflects on 9/11: Honoring Lives and Legacy

Updated Category News Views 7

A Somber Day at NYSE: Reflecting on 9/11 September 11th grips the heart of NYSE every year, but this year's 25th-anniversary powerfully reverberates through its hallowed halls. The hustle of the trading floor halts for a moment at 9:20 AM ET, paying homage to those lost in the harrowing attacks. I've seen the markets flap in the wind of countless crises, but nothing's...

Continue Reading
Oil Markets Shift Focus: Pipelines Trump Drilling

Updated Category News Views 8

Decoupling Oil Price and Production Response This oil market isn’t your usual rodeo. With Brent flirting with $100, it’s a seismic shift that’s not yielding new drills but redirecting capital to the existing infrastructure landscape. Ask yourself why we're not seeing the usual cavalry charge of new rigs. It’s simple: Pipeline mileage and producing wells have...

Continue Reading
Sustainability Investments: $17 Trillion Wager Faces Divergence

Updated Category News Views 4

Sustainability Investments: A Tale of Contrasts In the world of sustainability, a staggering $17 trillion has been poured into technologies over the past decade. That’s no chump change. But what do we have to show for it? According to Bain & Company’s latest report, this massive financial injection hasn’t exactly hit a home run. Progress, much like the stock market...

Continue Reading
Supply Maverick Simplifies Global Shipping Processes

Updated Category News Views 5

Paving the Way for Seamless International Shipping Supply Maverick's got a new mantra, folks: simplicity. They're slicing through the mess of international shipping and bringing some much-needed clarity for customers in Canada, Australia, and New Zealand. It’s about time someone shook up the logistics playbook. The Nuts and Bolts of the New Shipping System Imagine being...

Continue Reading
Streamlined AI Video Analytics for Public Safety Unveiled

Updated Category News Views 3

AI Without the Headache Alright folks, IREX is shaking things up, and not in the usual iterative, bit-by-bit tech progression way. StreamVLM™ has been rolled out as the world's first vision-language model (VLM) analytics engine tailored for the public safety sector—specifically, for cloud platforms. I’ve been around the block enough times to spot a significant shift...

Continue Reading
Modeling and Mental Health Join Forces for Wellness

Updated Category News Views 5

A Fresh Alliance for Mental Wellness in Modeling Alright, let's shine a spotlight on a significant step in the modeling industry, a place typically less vocal about mental health. In a move that feels long overdue, Brain-Body Therapy and Mother Model Management have joined forces, marking the beginning of a collaborative effort to propel mental wellness to the forefront...

Continue Reading
High-Grade Copper Spurs Optimism for PolarX in Alaska

Updated Category News Views 4

Copper's New Pulse: PolarX Makes Waves in Alaska Ever hear about striking copper so rich it's practically shimmering? Well, PolarX Limited just might have hit that sweet spot up in the rugged expanses of Alaska. Let me tell you, when you're knee-deep in resources, like what they’re discovering at the Caribou Dome Project, it sure feels like you’ve struck modern-day...

Continue Reading
DCM Services Teams with AKUVO to Boost Estate Recoveries

Updated Category News Views 14

Revolutionizing Estate Recovery Practices Here's the scoop: DCM Services (DCMS), that big shot in estate account resolution, is hooking up with AKUVO to shake up how credit unions handle estate recoveries. This alliance is a clear nod to modernizing a process stuck in the past. Let’s face it, handling decedent and probate accounts is no cakewalk, and traditional methods...

Continue Reading
Melissa Rivers Brings Her Wit Back to Emmys Carpet

Updated Category News Views 11

They say you can never go home again, but don't tell that to Melissa Rivers. Rolling the dice on nostalgia and kicking off a new chapter, she's waltzing back to the Emmys red carpet for the first time in nearly 20 years. Alright, what's in it for investors? Not much—unless you're looking to invest in nostalgia. But there's something here about legacy, reinvention, and...

Continue Reading

Top 5 Most Recently Viewed Articles

Tequila Don Julio 1942 and Peggy Gou's Unique Collaboration

Updated Category News Views 420

Tequila Don Julio 1942 Unveils Exclusive Collaboration with Peggy Gou Tequila Don Julio 1942, renowned as the world's leading tequila brand, has launched a remarkable collaboration with DJ and style icon Peggy Gou. This special edition bottle, known as Don Julio 194? (Gou), is not only a representation of exquisite taste but also pays homage to the brand's deep-rooted...

Continue Reading
Investigation into MoonLake Immunotherapeutics Sparks Concern

Updated Category News Views 272

Investigation Into MoonLake Immunotherapeutics MoonLake Immunotherapeutics, a clinical stage biotechnology company, is making headlines due to an investigation initiated by a leading securities law firm. Investors are understandably worried after the company's stock price plummeted significantly following disappointing results from a critical drug trial. The VELA Trials...

Continue Reading
Cholesterol Testing Market Set to Experience Robust Growth

Updated Category News Views 228

Overview of the Cholesterol Testing Market The cholesterol testing market plays a crucial role in healthcare, being key for assessing heart health. It involves tests like lipid panels that measure various types of fats in the blood. Primarily, these tests evaluate total cholesterol, low-density lipoprotein (LDL or 'bad' cholesterol), high-density lipoprotein (HDL or...

Continue Reading
Webus International Clarifies Partnership with Air China Services

Updated Category News Views 147

Webus International's Clarification on Cooperation with Air China HANGZHOU, China – Webus International Limited (NASDAQ: WETO) is at the forefront of providing exceptional mobility and travel services globally. Recently, the company decided to clarify its recent announcement titled “WETO Signs Strategic Partnership with Air China,” as the initial wording could have...

Continue Reading
Coinbase-Backed Startup Secures $15 Million for Prediction Platform

Updated Category News Views 295

New Venture Emerges in Prediction Markets A former executive has announced a significant funding milestone — a $15 million seed round aimed at establishing a platform called The Clearing Company. This innovative startup intends to carve a niche in the prediction market sector. Leading the Charge with Backing from Industry Giants The funding round was spearheaded by...

Continue Reading