AB „Utenos trikotažas“ (hereinafter – the Company) hereby informs that:
1. On 8 October 2014, the Register of Legal Entities of the Republic of Lithuania registered a new edition of the Company’s Articles of Association with regard to reduced Company’s authorized capital. The authorized capital of the Company was reduced from LTL 19.834.442 (nineteen million eight hundred thirty four thousand four hundred forty two litas) to LTL 5.000.000 (five million litas).
2. On 20 October 2014, the procedure of the reduction of Company’s authorized capital was completed and Company’s ordinary registered shares’ (ISIN code LT0000109324) issue registration account was amended: issue was reduced to 5.000.000 (five million) ordinary registered shares of LTL 1 (one litas) par value each by cancelling 14.834.442 (fourteen million eight hundred thirty four thousand four hundred forty two) ordinary registered shares. After the cancelling of part of Company’s shares the share issue of the Company consist of 5.000.000 (five million) ordinary registered shares of LTL 1 (one litas) par value each.
Please be informed that the securities’ ISIN code of the Company remains unchanged - LT0000109324.
The authorized capital of the Company was reduced by implementing the Decision of the Extraordinary General Meeting of Shareholders held on 12 September 2014. The purpose of reduction of the Company’s authorised capital - to eliminate the losses recorded in the balance sheet of the Company.
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
ENCL.:
Appendix No.1 – The new edition of the Company’s Articles of Association
