Convocation of an ordinary general meeting of SC Klaipedos baldai shareholders by the initiative and decision of the Company Board, an ordinary general meeting of SC Klaipedos baldai (registered at Joniskes str. 21, Klaipeda, company number 140656052) shareholders is being convoked at Joniskes str. 21, Klaipeda on 29 April 2014 at 11 am. Shareholders' registration starts at 10 am.
Only the persons who were shareholders of the company at the end of the general shareholders' meeting accounting day shall have the right to attend and vote at the general shareholders' meeting.
The meeting accounting day is 22 April 2014.
Property rights shall be held by the persons who were SC Klaipedos baldai shareholders at the end of the tenth working day after the general shareholders' meeting having adopted the respective decision.
The rights accounting day is 14 May 2014.
The agenda of the ordinary general shareholders' meeting:
1. The Supervisory Council record and offer of the year 2013 financial accountability, profit distribution project and annual report.
2. Auditor report of year 2013 financial accountability.
3. Financial accountability statement for 2013.
4. Profit distribution project statement for 2013.
5. The approving of the auditor for 2014, the establishment of the rate for the report.
6. Annulment of the Company's treasury shares.
7. Reduction of the Company's authorised capital.
8. Amendments to the By-laws of the Company.
9. Resolution re share buy back.
The general shareholders' meeting is convened on the initiative and by the resolution of the Board of the Company.
The Company shall not provide the possibility to attend and vote in the general shareholders' meeting through electronic communication channels.
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 shareholders' meeting. Draft decisions on the proposed issues shall be submitted together with the proposal or, if the decisions are not needed to be approved, explanations on each proposed issue of the general shareholders' meeting shall be presented. Proposal to supplement the agenda must be presented in writing sending it by a registered mail at the above-specified head-office address of the Company. The agenda shall be supplemented if the proposal will be received not later than 14 days before the general shareholders' meeting. 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 shareholders' meeting, to nominate additional candidates for members of the Company's managerial body, the audit company. The proposed draft decisions must be presented in writing sending them by a registered mail at the above-specified head-office address of the Company.
The shareholders shall also be entitled to propose draft resolutions on the general shareholders' meeting agenda issues in writing during the meeting.
The shareholders shall have the right to present questions related to the general shareholders' meeting agenda issues to the Company in advance in writing, by stating the shareholder's personal ID number in the letter and sending by a registered mail. The Company undertakes to respond if the questions are received not later 3 working days before the general shareholders' meeting.
A shareholder or a person authorised by him attending the general shareholders' meeting and entitled to vote shall submit an identity document.
Each shareholder shall also have the right to authorise another person (natural or legal), in the manner prescribed by law, to attend and vote at the general shareholders' meeting on his behalf. At the meeting the authorised person shall enjoy the same rights as the shareholder represented by him would have unless the authorized person's rights are limited by the power of attorney or by the laws. The authorised person must produce a power of attorney certified in the manner prescribed by law. A power of attorney issued in a foreign state must be translated into Lithuanian and legalised in the manner prescribed by law.
A shareholder or a person authorised by him shall have the right to vote in writing in advance by filling in the general ballot paper. On shareholder's request, the Company shall, not later than 10 days before the meeting, send the general ballot paper by registered mail free of charge. The filled in general ballot paper and the document confirming the voting right (if any) must be submitted to the Company in writing not later than on the last working day before the general shareholders' meeting sending it by registered mail at the above-specified head-office address of the Company.
The documents related to the convening and the agenda of general shareholders' meeting, draft decisions on each agenda item, documents that must be submitted to the meeting, the form of the general ballot paper and other information related to the implementation of the shareholder rights will be available for the shareholders during working hours at AB Klaipedos baldai head-office in Joniskes str. 21, Klaipeda and partly on the Company's website http://www.klaipedos-baldai.lt.
SC „Klaipedos baldai“
For supplementary information contact:
Public Relations Manager of Concern “SBA”
Tel. +370 612 07 187