Notification on material event
Decisions taken at the Extraordinary General Meeting of the Shareholders, held on 5 November 2011
Lithuania, 2011-11-05 14:05 CET --
The following decisions were taken at the Extraordinary General Meeting of Vilkyskiu pienine AB Shareholders which was held on the 5 November 2011:
Item 1 of the Agenda: A decision on the purchase of own shares.
A decision with regard to the purchase of own shares has been approved:
a) To purchase up to 10 percent of the Company’s shares.
b) The purpose of acquisition of own shares – to maintain and increase the price of the Company’s shares.
c) Period during which the Company may acquire own shares – until 30 April 2012.
d) To set the maximum price per share of own shares to be acquired – at 1.40 EUR (4.83 LTL), at the same time setting the minimum acquisition price per share equal to the nominal value of a share, i.e. 0.29 EUR (1.00 LTL).
e) To commit the Board to organise the purchase of own shares, to determine the procedure for purchase and sale of shares, time, number of shares and price, as well as to perform other actions relating thereto in compliance with the terms set in this resolution as well as in accordance with the requirements established in the Republic of Lithuania Law of Companies.
Finance director Vilija Milaseviciute,
phone +370 441 55102