Published: 2011-04-07 07:29:41 CEST
Vilkyskiu Pienine
Notification on material event

Draft resolutions of the Ordinary General Meeting of the Shareholders of 28 April 2011

 The following draft resolutions will be presented for the shareholders to vote:

 Item 1 of the Agenda. The Annual Report of the Company for the year 2010.To approve the Annual Report of the Company for the year 2010.

 Item 2 of the Agenda. Auditor‘s Report regarding the Company’s Financial Statements for 2010.To publish Auditor‘s Report regarding the Company’s Financial Statements for 2010.

 Item 3 of the Agenda: Approval of the Company’s Financial Statements for 2010.To approve the Company’s Financial Statements for 2010.

 Item 4 of the Agenda: Profit (loss) appropriation for the year 2010.

To approve the Profit appropriation for the year 2010 as follows (in thousand Litas; in thousand EUR):

1) Non-appropriated profit (loss) at the end of the year 2009 –  5.526 LTL (1.600 EUR)

2) Net profit (loss) of the reporting period -                                 3.064 LTL (887 EUR)

3) Transfers from reserves -                                                          438 LTL (127 EUR) 

4) Total profit (loss) to be appropriated, from it:                          9.028 LTL (2.615 EUR)

 - portion of the profit allocated to the legal reserve -                     259 LTL (75 EUR)

 - portion of the profit allocated for payment of the dividends –   2.866 LTL (830 EUR)

(or 0,24 LTL (0,0695 EUR) per ordinary registered share with nominal value of 1 LTL)

 - portion of the profit allocated to the other reserves -                       0 LTL (0 EUR)

 - portion of the profit allocated to be paid as annual payouts (tantiemes) to board members, bonuses to employees and for other purposes - 100 LTL (29 EUR)

7) Non-appropriated profit (loss) at the end of the year 2010 carried forward to next financial year – 5.803 LTL (1.681 EUR)

 Starting from the 18 April 2011 at working days from 9 a.m. till 5 p.m., shareholders can get acquainted with draft resolutions of shareholders meeting at the company's office located Vilkyskiai, LT-99254 Pagegiu sav. or on the webpage of the company (http://www.cheese.lt).

 

Additional information authorized to provide finance director Vilija Milaseviciute, tel. +370 441 55102