Alytus, Lithuania, 2016-04-29 14:30 CEST (GLOBE NEWSWIRE) -- The General Meeting of shareholders of Snaige AB was held on 29 April 2016.
At the meeting was made following resolutions:
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THE AGENDA QUESTION: Consolidated annual report of Snaigė AB on the company’s activity for 2015.
In the meeting taken for information the consolidated annual report of Snaigė AB on the company’s activity for 2015.
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THE AGENDA QUESTION: Auditor’s conclusion on the company’s financial statements for 2015.
In the meeting taken for information with the auditor’s conclusion on the company’s financial statements for 2015.
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THE AGENDA QUESTION: Approval of the set of financial statements of the company for 2015.
THE DECISION: The set of financial statements of the company for 2015 has been approved
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THE AGENDA QUESTION: Approval of distribution of profit (loss) of Snaigė, AB for 2015.
THE DECISION: The distribution of profit (loss) of Snaigė,AB for 2015 has been approved:
Non-distributed profit (loss) at the end of the last financial year: EUR -3,841,012
Net result - profit (loss) of financial year: EUR 508,977
Distributable result- profit (loss) of financial year: EUR -3,332,035
Transfers from reserves: EUR 885,477
for social and cultural needs: EUR 0
for investments: EUR 0
Transfers from reserve foreseen by law: EUR 885,477
Transfers from reserve of share premium for covering of loss: EUR 0
Contributions of shareholders to cover loss: EUR 0
Distributable profit (loss): EUR -2,446,558
Distribution of profit (loss): EUR 885,477
Portion of profit allocated to reserves foreseen by law: EUR 885,477
Portion of profit allocated to other reserves: EUR 0
- for support and charity EUR 0
- for social and cultural needs EUR 0
Portion of profit allocated for payment of dividends: EUR 0
Portion of profit allocated for payment of premiums: EUR 0
Portion of profit allocated for payment of tantiemes: EUR 0
Other: EUR 0
- portion of profit allocated to reserve for acquisition of own shares: EUR 0
- portion of profit allocated to reserve for investments: EUR 0
Non-distributed result - profit (loss) at the end of financial year: EUR -3,332,035
5. THE AGENDA QUESTION: Revocation of the member of the Board and the new board member election for the term until the end of term of the Company’s Board.
THE DECISION: Olga Kuznecova was revoked from the Board members of the Company. The new board member was not elected because any candidates were proposed.
The General Manager of the Company was authorized (including the power to delegate) to perform all necessary actions, sign and submit documents related with changed information to the Register of Juridical persons.
6. THE AGENDA QUESTION: Election of the audit firm for auditing purposes of financial statements and establishment of terms regarding the payment for audit services.
THE DECISION: UAB KPMG Baltics has been elected for 2016 auditing purposes of annual financial statements.
The General Director was authorized (with the right to delegate) of the company to sign the agreement with the audit firm by establishing the terms of payment for the audit services and other terms.
Managing Director
Gediminas Čeika
+370 315 56206
