Ditton pievadķēžu rūpnīca
Notice to general meeting

On convening of annual general meeting

Daugavpils, 2011-04-29 15:05 CEST -- On the basis of Clauses 269 and 273 of Commercial Law, Clause 54 part 2.¹ of Financial Instrument Market Law and Articles of the Company, the Management Board and the Council of joint-stock company “Ditton pievadķēžu rūpnīca”, reg.No.40003030187, announce convocation of the annual general meeting of shareholders, which is going to take place on 31 May, 2011 at 9 a.m. in the administration rooms of the Company at legal address – Visku Str.17, Daugavpils.

Agenda:

1. The confirmation of the annual report for 2010.

2. Profit distribution of year 2010.

3. Adoption of Regulations of the Council and the Management Board and Remuneration Policy of the Management Board and Council Members.  

Registration of shareholders will take place on the day of meeting – 31 May, 2011 from 8 a.m. until 9 a.m. at the venue of meeting.

The record date for participation at the annual shareholders’ meeting of joint stock company “Ditton pievadķēžu rūpnīca” is 23 May, 2011. Only those persons who are shareholders on the record date with the amount of the shares they own on the record date have rights to participate at the annual shareholders’ meeting of joint stock company “Ditton pievadķēžu rūpnīca” to be held on 31 May, 2011.

Rights of shareholders in accordance with the procedure and scope established in Section 274  Paragraph 2 and Section 276 Paragraph 3 of the Commercial Law, Section 54.² Paragraphs 1 and 2 of the Financial Instruments Market Law may be exercised within seven days as from distribution of this notification and on the day of the shareholders’ meeting, whereas rights in accordance with the procedure and scope established in Section 276 Paragraph 4 and Section 283 Paragraph 1 can be exercised at least seven days before the shareholders’ meeting and on the day of the shareholders’ meeting. Detailed information on the abovementioned shareholders’ rights is available on website of joint stock company “Ditton pievadķēžu rūpnīca” www.dpr.lv .

The total number of voting shares is 7 400 000 shares, all shares are of the same category, each share entitles to one vote.

The shareholders may participate in the meeting in a person or by delegating a legal representative or a proxy. Legal representatives of the shareholders – in Latvia registered legal entities – should present a document justifying the identity and the original of the decision of the notary of the Register of Enterprises about appointing legal representative or reference from the Register of Enterprises about rights to represent this legal entity issued not earlier than 5 days prior to the day of meeting (printouts from Lursoft also shall be accepted). Legal representatives of the shareholders – abroad registered legal entities – should present a document justifying the identity and a power of attorney about the rights to represent this legal entity issued and certified pursuant to laws of the corresponding state. Proxies of the shareholders should present a document justifying the identity and the power of attorney. The power of attorney has to be certified according to the laws of the Republic of Latvia and Articles of the company. Form of the power of attorney in Latvian is available in the attachment.  

If, irrespective of causes, on 31 May, 2011 the annual general meeting of joint-stock company “Ditton pievadķēžu rūpnīca” will not be legally qualified because of lack of quorum, the repeated annual general meeting with the above mentioned agenda shall be convened on 15 June, 2011 at 9 a.m. in the administration rooms of JSC “Ditton pievadķēžu rūpnīca” in Visku Str.17, Daugavpils. Registration of shareholders will take place on the day of meeting in the above mentioned order from 8 a.m. till 9 a.m..  

The shareholders can become acquainted with the draft decisions on the considered issues and fulfill other procedure formalities from 16 May, 2011 till 27 May, 2011 including, in case of repeated general meeting - from 31 May, 2011 till 13 June, 2011 including on working-days from 9 a.m. till 16 p.m. in the secretariat of the Company in Visku Str.17, Daugavpils. Draft decisions will be available also on the website of JSC “Ditton pievadķēžu rūpnīca” www.dpr.lv . Phone for reference (+371) 65402333.  

Management Board of the JSC “Ditton pievadķēžu rūpnīca”