Vilnius, Lithuania, 2012-04-16 20:00 CEST (GLOBE NEWSWIRE) --
The
Board of City Service AB, code 123905633, address Konstitucijos av. 7, Vilnius,
(hereinafter - the Company) by its decision, adopted on 16 April 2012, decided
to supplement agenda of the Ordinary General Shareholders Meeting of the
Company by item 5 - Regarding the enforcements of the Heat Sector law of
Lithuania and authorization of the Board of the Company.
Draft decisions of the Ordinary General Meeting of Shareholders with the supplemented item 5 in the agenda are attached.
The Date of the Meeting - the 30th of April, 2012, Monday. Time - 9.00 a.m., place - Lvovo str. 25 (11 floor), Vilnius, Lithuania. Registration starts at 8.30 a.m.
The Board confirmed the following agenda for the Ordinary General Meeting of Shareholders:
1. Presentation of the consolidated annual report of the Company for the year 2011.
2. Presentation of the auditor's report of the Company.
3. Approval of the Company's consolidated annual set of financial statements of the year 2011.
4. Distribution of profit (loss) of the year 2011.
5. Regarding the enforcements of the Heat Sector law of Lithuania and authorization of the Board of the Company.
Company's Board proposes to the Ordinary General Shareholders Meeting to pay dividends in the amount of LTL 7,270,300 (EUR 2,105,624), one share should receive LTL 0.23 (EUR 0.0666) dividend.
The account date of the Ordinary General Meeting of Shareholders - the 23rd of April, 2012. Shareholders that own City Service AB shares on the end of the working day of 23rd of April, 2012, shall have the right to participate in convened Ordinary General Meeting. The rights accounting date of the Ordinary General Meeting of Shareholders - the 15th of May, 2012.
Persons who participate in General Meeting of Shareholders must submit an identity document. A person who is not a shareholder, to this document, also must submit a document confirming the right to vote at an Ordinary General Meeting of Shareholders. The authorized person at an Ordinary General Meeting of Shareholders shall have the same rights as represented shareholder. Shareholder's right to attend General Meeting of Shareholders also include the right to ask.
Please be informed that shareholders, who are entitled to participate at an Ordinary General Meeting of Shareholders, own the right to authorize by electronic means phisical or legal person to attend and vote on behalf of them at Ordinary General Meeting of Shareholders. Power of attorney that is issued by the shareholder must be submitted by sending e-mail ignas.krasauskas@cityservice.lt not later than the 27th of April, 2012 (16 hrs. 00 min.).
Please be informed that on decisions which are included into Ordinary General Meeting of Shareholders agenda can be voted in writing 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 e-mail ignas.krasauskas@cityservice.lt or delivered directly to the Company's office at Smolensko st. 12, Vilnius (3rd floor) not later than the 27th of April, 2012 (16 hrs. 00 min). The Company reserves the right not to include in the shareholder vote, 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.
On the implementation of the clause 1-3 of the firt paragraph of the 261 Article of Law on Companies
The agenda of the Ordinary 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 Ordinary General Meeting of Shareholders may be submitted by e-mail ignas.krasauskas@cityservice.lt or delivered to the Company's representative office at Smolensko st. 12, Vilnius (3rd floor) no later than the 16th of April, 2012. Please be informed that along with a proposal to supplement the agenda of the Ordinary 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 Ordinary General Meeting of Shareholders or during the meeting in writing or by e-mail ignas.krasauskas@cityservice.lt propose new draft decisions related to the questions included into agenda.
Shareholders own the right to ask the questions concerning the agenda of the Ordinary General Meeting of Shareholders. Questions may be submitted by e-mail ignas.krasauskas@cityservice.lt or delivered directly to the Company's office at Smolensko st. 12, Vilnius (3rd floor) not later than 25th of April, 2012.
Please be informed that the Company may refuse to answer to shareholder's questions if they are concerned to the commercial (industrial) secrets or other confidential information. If it is possible to set the shareholder's identity, the Company shall inform the shareholder on the refusal to provide asked information.
Vilius Mackonis, Head of Communications + 370 5 239 4900
Attachment:
https://newsclient.omxgroup.com/cds/DisclosureAttachmentServlet?messageAttachmentId=387771
Draft decisions of the Ordinary General Meeting of Shareholders with the supplemented item 5 in the agenda are attached.
The Date of the Meeting - the 30th of April, 2012, Monday. Time - 9.00 a.m., place - Lvovo str. 25 (11 floor), Vilnius, Lithuania. Registration starts at 8.30 a.m.
The Board confirmed the following agenda for the Ordinary General Meeting of Shareholders:
1. Presentation of the consolidated annual report of the Company for the year 2011.
2. Presentation of the auditor's report of the Company.
3. Approval of the Company's consolidated annual set of financial statements of the year 2011.
4. Distribution of profit (loss) of the year 2011.
5. Regarding the enforcements of the Heat Sector law of Lithuania and authorization of the Board of the Company.
Company's Board proposes to the Ordinary General Shareholders Meeting to pay dividends in the amount of LTL 7,270,300 (EUR 2,105,624), one share should receive LTL 0.23 (EUR 0.0666) dividend.
The account date of the Ordinary General Meeting of Shareholders - the 23rd of April, 2012. Shareholders that own City Service AB shares on the end of the working day of 23rd of April, 2012, shall have the right to participate in convened Ordinary General Meeting. The rights accounting date of the Ordinary General Meeting of Shareholders - the 15th of May, 2012.
Persons who participate in General Meeting of Shareholders must submit an identity document. A person who is not a shareholder, to this document, also must submit a document confirming the right to vote at an Ordinary General Meeting of Shareholders. The authorized person at an Ordinary General Meeting of Shareholders shall have the same rights as represented shareholder. Shareholder's right to attend General Meeting of Shareholders also include the right to ask.
Please be informed that shareholders, who are entitled to participate at an Ordinary General Meeting of Shareholders, own the right to authorize by electronic means phisical or legal person to attend and vote on behalf of them at Ordinary General Meeting of Shareholders. Power of attorney that is issued by the shareholder must be submitted by sending e-mail ignas.krasauskas@cityservice.lt not later than the 27th of April, 2012 (16 hrs. 00 min.).
Please be informed that on decisions which are included into Ordinary General Meeting of Shareholders agenda can be voted in writing 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 e-mail ignas.krasauskas@cityservice.lt or delivered directly to the Company's office at Smolensko st. 12, Vilnius (3rd floor) not later than the 27th of April, 2012 (16 hrs. 00 min). The Company reserves the right not to include in the shareholder vote, 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.
On the implementation of the clause 1-3 of the firt paragraph of the 261 Article of Law on Companies
The agenda of the Ordinary 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 Ordinary General Meeting of Shareholders may be submitted by e-mail ignas.krasauskas@cityservice.lt or delivered to the Company's representative office at Smolensko st. 12, Vilnius (3rd floor) no later than the 16th of April, 2012. Please be informed that along with a proposal to supplement the agenda of the Ordinary 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 Ordinary General Meeting of Shareholders or during the meeting in writing or by e-mail ignas.krasauskas@cityservice.lt propose new draft decisions related to the questions included into agenda.
Shareholders own the right to ask the questions concerning the agenda of the Ordinary General Meeting of Shareholders. Questions may be submitted by e-mail ignas.krasauskas@cityservice.lt or delivered directly to the Company's office at Smolensko st. 12, Vilnius (3rd floor) not later than 25th of April, 2012.
Please be informed that the Company may refuse to answer to shareholder's questions if they are concerned to the commercial (industrial) secrets or other confidential information. If it is possible to set the shareholder's identity, the Company shall inform the shareholder on the refusal to provide asked information.
Vilius Mackonis, Head of Communications + 370 5 239 4900
Attachment:
https://newsclient.omxgroup.com/cds/DisclosureAttachmentServlet?messageAttachmentId=387771
