Published: 2015-04-08 15:02:00 CEST
Vilniaus Baldai
Notification on material event

Draft resolutions of the Annual General Shareholders Meeting

Vilnius, Lithuania, 2015-04-08 15:02 CEST (GLOBE NEWSWIRE) --  

The Management Board of Vilniaus baldai AB approved the Company‘s draft resolutions of the Annual General Shareholders meeting that will take place on the 30th of April.

1.Consolidated annual report.
Draft Resolution:
1.1.To get acquainted with Company‘s consolidated annual report for 2014.

2.Company's auditor's report.
Draft Resolution:
2.1.To get acquainted with Company‘s auditor‘s report.

3.Approval of the Company's financial statements for 2014.
Draft Resolution:
3.1.To approve Company's financial statements for 2014.

4.Approval of the Company‘s consolidated financial statements for 2014.
Draft Resolution:
4.1.To approve Company‘s consolidated financial statements for 2014.

5.Approval of the Company‘s profit distribution for 2014.
Draft Resolution:
5.1.To approve Company‘s profit distribution:

Undistributed retained earnings, brought forward 78 755 LTL   22 809 EUR
Net result for the current year 16 440 625 LTL   4 761 534 EUR
Profit (loss) not recognized in the income statement of the reporting financial year (60 185)  LTL   (17 431) EUR
Transfer from the reserve for own shares acquisition - -
Distributable result 16 459 195 LTL   4 766 912 EUR
Transfers to the obligatory reserves - -
Profit transfers to the reserves for own shares acquisition - -
Transfers to other reserves - -
To be paid as dividends - -
To be paid as annual payments (bonus) to board of - -
Undistributed retained earnings, carried forward 16 459 195 LTL   4 766 912 EUR


6. Approval of the change of expression of nominal value of shares and authorised capital in litas into expression in euro.
Draft Resolution:
6.1.To change an expression of nominal value of shares and authorised capital in litas into expression in euro.
6.2.To set that nominal value of one share is 1,16 (one euro 16 euro cents) EUR.
6.3.To set that Authorized capital of the Company is 4.508.069,72 (four million five hundred eight thousand sixty nine euro and 72 euro cents) EUR.

7.Approval of the new edition of the Company Regulations.
Draft Resolution:
7.1.Taking into consideration the adopted decision to change the expression of the nominal value of shares and authorised capital in litas into expression in euro,
pursuant to the amendment of the Company Law of the Republic of Lithuania, entered into force since the last version of the Company’s Regulations registration, to approve new edition of the Company Regulations. To authorize general manger Rimantas Vaitkus to sign the new edition of Vilniaus baldai AB Regulations (attached).
 

         Additional information:
         Head of Finance department
         Jonas Krutinis
         Phone No.: +370 (5) 2525700


GENERAL VOTING BULLETIN.pdf
Vilniaus Baldai AB annual audited financial statements for the year ended 31 December 2014.pdf
REGULATIONS.pdf