Grigeo
Notification on material event

GRIGISKES AB: decisions of General Meeting held on 24-04-2014

Vilnius, Lithuania, 2014-04-24 14:08 CEST -- The General Meeting of shareholders of GRIGISKES AB was held on 24-04-2014. The meeting heard the consolidated annual report of the Company for the year 2013 and the Auditor’s report for the year 2013 and made the following decisions:

• to approve the set of consolidated annual financial statements and annual financial statements of the Company for the year 2013.
• to approve the appropriation of Company's profit for the year 2013 as follows: to allocate LTL 3,285,000 (951,402 EUR) for the payment of dividends for the year 2013 or LTL 0.05 (0.014 EUR) dividend per one ordinary registered share, to appropriate LTL 333,267 (96,521 EUR) to the mandatory reserve and to appropriate LTL 230,000 (66,613 EUR) for annual payments (tantiemes) to the members of the Board and Supervisory board.
• to select the firm of auditors „KPMG Baltics“, UAB, legal entity code: 111494971, address: Upės g. 21, Vilnius, Lithuania to perform the audit of the consolidated annual financial statements and annual financial statements of the Company for the year 2014 and 2015.

To authorize the president of the Company to conclude the agreement for audit services, establishing the payment for services as agreed between the parties but in any case not more than 43,000 LTL (12,454 EUR) (VAT excluded) for the audit of the consolidated annual financial statements and annual financial statements of the Company for one financial year.

         Gintautas Pangonis
         President of GRIGISKES AB
         (+370-5) 243 58 01