Under initiative and decision of the Company’s Management Board the agenda of convoked on the 12th of November, 2014 Extraordinary General Meeting of AB Kauno Energija (code of enterprise – 235014830, address – Raudondvario av. 84, Kaunas) shareholders is supplemented with items 2 and 3.
The date of meeting is the 12th of November, 2014, Wednesday. Time – 1 p. m., place – Raudondvario av. 86A (first floor), Kaunas, Lithuania. Registration of shareholders begins at 12.30 p.m.
The agenda and draft decisions of the Extraordinary General Meeting of shareholders:
- Regarding financial support for Public company Žalgiris Basketball Centre (code 302811111).
Draft decision is to allocate LTL 500 000 (five hundred thousand Litas) / EUR 144 810 (one hundred fourty four thousand eight hundred and ten Euro) as a financial support for Public company Žalgiris Basketball Centre (code 302811111). This amount of support is to be included in AB Kauno Energija audited operating profit (loss) allocation project of the year 2014.
- Regarding approval of the list of infrastructure objects intended to be modernized assimilating investments of UAB Kauno Termofikacijos Elektrinė for the years 2015 – 2015.
Draft decision is: to approve the list of infrastructure objects owned by AB Kauno Energija intended to be modernized using investments of UAB Kauno Termofikacijos Elektrinė for the years 2015 – 2015:
- Implementation of the system of emergency replenishment of heat supply networks (investment value – LTL 0,95 million (EUR 257 139,02));
- Incorporation of the new heat consumers building a new heat supply networks (investment value – LTL 1,2 million (EUR 347 544,02));
- Modernization of Kaunas centralized heat supply networks (investment planned – LTL 2,35 million (EUR 680 607,04)).
3. Regarding change in Statutes of AB Kauno Energija allowing additional attribution of Supervisory Board and estimating changes in Law on Companies of the Republic of Lithuania.
Draft decision is:
- To approve changes in Statutes of AB Kauno Energija adding the items regarding additional attribution of Supervisory Board to make decisions regarding making agreements with members of Company’s Management Board, determination of terms of the activity of the members of the Management Board in these agreements including remuneration for the work in Management Board and regarding appointing a person authorized for signing of these agreements in the name of the Company;
- To approve other changes in Statutes of AB Kauno Energija considering changed provisions of the Law on Companies of the Republic of Lithuania;
- To change Statutes of AB Kauno Energija stating them in new edition and to authorize General Manager of AB Kauno Energija Mr. Rimantas Bakas sign text of changed Statutes of AB Kauno Energija (attached).
The AB Kauno Energija shall not provide the possibility to participate and vote in the Meeting using electronic communication channels.
The account date of the Extraordinary General Meeting of Shareholders – the 5th of November, 2014. Shareholders that own AB Kauno Energija shares as at the end of the working day of the 5th of November, 2014, shall have the right to participate in convened Extraordinary General Meeting.
AB Kauno Energija share capital is divided into 42,802,143 (forty-two million eight hundred and two thousand one hundred forty three) ordinary registered shares. All of these shares carry the right to vote with their shareholders.
The person participating in Extraordinary General Meeting of Shareholders must submit an identity document. A person, who is not a shareholder, also must submit a document confirming the right to vote at the Extraordinary General Meeting of Shareholders along with this document. The authorized person at the Extraordinary General Meeting of Shareholders shall have the same rights as it should represent by the shareholder. Shareholder's right to attend the Extraordinary General Meeting of Shareholders also include the right to ask questions.
Please be informed that shareholders, who are entitled to participate at the Extraordinary General Meeting of Shareholders, own the right to authorize by electronic means physical or legal person to attend and vote on behalf of them at the Extraordinary General Meeting of Shareholders. Power of attorney that is issued by the shareholder must be submitted by sending e-mail j.sereikiene@kaunoenergija.lt not later than the 11th of November, 2014 (4.30 p. m.).
Please be informed that, on decisions which are included into agenda of the Extraordinary General Meeting of Shareholders can be voted in written by completing the general ballot paper. If the person who had completed the general ballot paper is not a shareholder, the completed general ballot paper must be accompanied by a document confirming the right to vote. The duly completed general ballot paper (voting bulletin) should be sent by mail or delivered directly to the Company's office at Raudondvario av. 84, room 203, Kaunas till the 12th of November, 2014 (12 a.m.). The Company reserves the right not to include in the shareholder vote early, if the general ballot paper does not meet the third and fourth parts of the 30 Article of Law on Companies requirements or the general ballot paper is written in a way that it is impossible to establish shareholder‘s will on a separate issue.
The agenda of the Extraordinary General Meeting of Shareholders may be supplemented by initiative of shareholders who own shares no less than 1/20 of all the votes. Proposals to the agenda of the Extraordinary General Meeting of Shareholders may be submitted by mail or delivered to the Company's representative office at Raudondvario av. 84, room 203, Kaunas no later than the 28th of October, 2014.
Please be informed that, along with a proposal to supplement the agenda of the Extraordinary General Meeting of Shareholders must be submitted the drafts of proposed decisions, or if the decisions shall not be adopted, explanations on each of the proposed issue.
Please be informed that, shareholders who own shares no less than 1/20 of all votes own the right at any time before the Extraordinary General Meeting of Shareholders or during the meeting in writing or by mail propose new draft decisions related to the questions included into agenda.
Shareholders own the right to ask the questions concerning the agenda of the Extraordinary General Meeting of Shareholders. Questions may be submitted by e-mail j.sereikiene@kaunoenergija.lt or delivered directly to the Company's office at Raudondvario av. 84, room 203, Kaunas, not later than 4.30 p.m. of the 4th of November, 2014.
Starting from the 13th of October, 2014 shareholders can get acquainted with the company‘s documents related to the agenda of shareholders meeting and decisions projects of the meeting and information relating to shareholders' rights by coming to the company – Raudondvario av. 84, Kaunas or in the webpage of the company (http://www.kaunoenergija.lt).
Jovita Sereikienė, Head of Asset Management Department, +370 37 305 664
