Kaunas, Lithuania, 2011-12-06 12:38 CET (GLOBE NEWSWIRE) -- By the initiative of the main company’s shareholder, Kaunas city municipality, and by the decision of company’s Management Board on 29th December, 2011, of the Extraordinary General Meeting of Kauno Energija AB (code of enterprise 235014830, address Raudondvario pl. 84, Kaunas) is convened.
The date of Meeting: the 29th December, 2011, Thursday. Time – 1 p.m., place – Raudondvario pl. 86A (in the hall), Kaunas Lithuania. Registration of shareholder’s starts at 12.30 p.m.
The Board confirmed the following agenda for the Extraordinary General Meeting of Shareholders and draft decisions of the General Meeting of Shareholders:
1. Recall of Kauno Energija AB Supervisory board.
Draft decision: To recall Supervisory board of Kauno Energija AB before the end of its term of office.
2. Election of Kauno Energija AB Supervisory board members.
Draft decision: To elect the members of Kauno Energija AB Supervisory board for four-year period.
Kauno Energija AB shall not provide the possibility to participate and vote in the Meeting through electronic communication channels.
The account date of the Extraordinary General Meeting of Shareholders – the 21th December, 2011. Shareholders, who own Kauno Energija AB shares at the End of the working day of 21th December 2011, shall have the right to Participate in convened Extraordinary General Meeting.
Kauno Energija AB share capital is divided into 42 731 977 (forty-two million seven hundred thirty-one thousand nine hundred and seventy-seven) ordinary registered shares. All of these shares carry the right to vote with their shareholders.
A person who takes part in Extraordinary General Meeting of Shareholders must submit an identification document. A person, who is not a shareholder, must also Submit a document confirming the right to vote at the Extraordinary General Meeting of Shareholders. The authorized person at an Extraordinary General Meeting of Shareholders shall have the same rights as it should represent by the shareholder. Shareholder's right to attend Extraordinary General Meeting of Shareholders also includes the Right to ask.
Please be informed that shareholders, who are entitled to participate at an 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 Extraordinary General Meeting of Shareholders. Power of attorney that is issued by the shareholder must be submitted by sending an e-mail to j.sereikiene@kaunoenergija.lt not later than 28th December 2011 (16 h 30 min.).
Please be informed, that on decisions which are included into Extraordinary General Meeting of Shareholders agenda can be voted in writing by completing a 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 pl. 84, Kaunas (2rd floor) till 29th December, 2011 (12 h 00 min). 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 General Meeting of Shareholders may be submitted by mail or delivered to the Company's representative office at Raudondvario pl. 84, Kaunas (2nd floor) no later than 14th December, 2011.
Please be informed, that along with a proposal to supplement the agenda of the Extraordinary General Meeting of Shareholders the drafts of proposed decisions must be submitted or if the decisions shall not be adopted, an explanations on each of the proposed issue must also be submitted.
Please be informed, that shareholders the shares of whose provide not less than 1/20 of all votes own the right to propose a new draft decisions related to the questions included into agenda at any time before or during the Extraordinary General Meeting of Shareholders. Those new draft decisions must be provided written.
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 to j.sereikiene@kaunoenergija.lt or delivered directly to the Company's office at Raudondvario pl. 84, Kaunas (2nd floor) not later than 20th of December, 2011.
Since the 7th of December, 2011 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 pl. 84, Kaunas or in the webpage of the Company (http://www.kaunoenergija.lt).
Head of Asset Management Department Jovita Sereikiene +370 37 305 664
