Regarding supplement to the agenda and draft resoliutions

Vilnius, Lithuania, 2013-07-25 18:00 CEST (GLOBE NEWSWIRE) -- Agenda:

1. Regarding new wording of the Articles of Association of the Company.

2. Regarding Company's restructuring. 

Draft resolutions:

Of the first  issue:

1. To approve the new wording of the Articles of Association of the Company (enclosed).
2. To authorise Managing Director of the Company Liudmila Subo? individually to sign the new wording of the Articles of Association. 

Of the second  issue:

1.      To restructure Dvar?ioni? keramika AB, company code 110628481, registered address: Keramik? g. 2, Vilnius City,  Vilnius City Municipality. 

2.      To approve the restructuring plan outline of Dvar?ioni? keramika AB, company code 110628481, registered address: Keramik? g. 2, Vilnius City, Vilnius City Municipality drawn at the initiative of the Company's Board. 

3.      To approve the candidate to the restructuring administrator of Dvar?ioni? keramika AB suggested by the Company's Board, i.e. ?moni? bankroto administravimo ir teisini? paslaug? biuras UAB (company code 235238440, order number in the List JA12, date of inclusion into the List 15 April 2002, registered at Jonavos g. 16A, LT44269 Kaunas).

4.      To delegate Managing Director of the Company Liudmila Subo? on the terms and conditions established in the Companies Restructuring Law to make a claim to the court for initiating restructuring case for Dvar?ioni? keramika AB, company code 110628481, registered at Keramik? g. 2, Vilnius City, Vilnius City Municipality.

5.      To delegate Managing Director of the Company Liudmila Subo? to suggest to the court to determine the administration expenses estimate of LTL 35,000.00, excl. VAT, for Dvar?ioni? keramika AB for the period from the day of entry into effect of the court decision regarding initiating company's restructuring case until the day of entry into force of the decision on approval of the company's restructuring plan.

6.      To delegate Managing Director Liudmila Subo? to suggest to the court to establish six months period for preparation of a restructuring plan for Dvar?ioni? keramika AB and its submission to the court. 

General Director Liudmila Subo?  

tel. +370~5-231 70 21

         Liudmila Subo? 8~5~2317021 l.suboc@keramika.lt