Draft resolutions for annual shareholders' meeting of JSC "Rigas autoelektroaparatu rupnica" on April 26, 2016

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Draft resolutions:

1. Report of Board on the performance of 2015.

    Approve the report of the Board on the performance of 2015.

2. Report of Council.

    Approve the report of the Council.

3. Approval of Annual report of the year 2015.

   Approve the Annual report of the year 2015.

4. On profit of the year 2015.

   To use the profit of 2015 to cover the losses of the previous years

5. On shareholders’ equity

   Take into account the information on the value of immovable property. Leave to the competence of the Management Board decision weather to revalue the real estate.

6. On Certified auditor for the year 2016.

To enter into a contract with certified auditor Aivars Rutkis (Certificate No 18) for auditing the Annual report of 2016 for remuneration 2140 EUR.

7. Denomination of share capital to euro and amendments to the Articles of Association.

  • Perform the denomination of share capital to euro determining that number of shares does not change and it is 3565509 shares, par value of each share is 1,40 EUR (one euro and forty cents), total share capital after the denomination is 4991712,60 EUR (four million nine hundred ninety one thousand seven hundred twelve euro, 60 cents).
  • Denomination date shall be on the 15th working day following the registration of amendments to the Articles of Association in the Commercial Register of the Register of Enterprises of the Republic of Latvia.
  • The remaining value 81549, 65 EUR (eighty one thousand five hundred forty nine euro, 65 cents) shall be transferred to the reserve fund of the JSC “Rigas autoelektroaparatu rupnica” on the date of denomination.
  • The first paragraph of the Articles of Association of the JSC “Rigas autoelektroaparatu rupnica” shall be amended and stated as follows:

“The company’s equity capital is 4991712, 60 EUR. The company’s equity capital consists of 3565509 shares including 1762786 bearer shares and 1802723 registered shares. Par value of each share is 1, 40 EUR.”

 

 Board of JSC „Rigas autoelektroaparatu rupnica”

 

Contacts:

Dace Lama

Phone: +371 67371739

E-mail: rar@as-rar.lv