Zemaitijos Pienas AB - Notification on material event

Convocation of the Extraordinary General Meeting of Shareholders (supplemented)

Telšiai, Lithuania, 2014-01-09 09:44 CET (GLOBE NEWSWIRE) -- 



By the initiative and decision of the Supervisory Board of AB Žemaitijos
Pienas, the Extraordinary General Meeting of Shareholders of AB Žemaitijos
Pienas (head office: Sedos Str. 35, Telšiai, company code: 180240752) is being
convened on 7 February, 2014. 

The venue of the Meeting: a meeting room of AB Žemaitijos Pienas, located at
Sedos Str. 35, Telšiai. 

Opening of the Meeting: 2:00 p.m (registration of shareholders starts at 1:30
p.m.). 

The Accounting Day of the Meeting is 31 January, 2014 (only those persons, who
will be counted as the shareholders at the end of the Accounting Day of the
Meeting, or their proxies, or persons with whom an agreement for transfer of
voting rights is concluded, shall be entitled to attend and vote at the General
Meeting of Shareholders). 

Agenda of the Meeting:

1. On dissolution of the management body of the Company - the Supervisory Board;

2. On recall of the Company's Board members and election of a new Board
(appointment of candidates); 

3. On amendment of the Company's Articles of Association;

4. Other issues.

The Company shall not provide possibility of attending and voting at the
General Meeting through electronic communication channels. 

Draft resolutions on the agenda items of the General Meeting, all the documents
to be submitted to the General Meeting, and information related to the
implementation of rights of the shareholders will be posted on the Company's
website http://www.zpienas.lt under menu item “Investuotojams” (For Investors)
no later than 21 days prior to the Meeting. 

Each shareholder holding shares that grant at least 1/20 of the voting rights,
as well as other persons specified by law, shall have the right of proposing
amendments to the agenda of the General Meeting by submitting draft resolutions
on the proposed issues (in case, when the resolution is not required - an
explanation) together with each proposal. The proposals to supplement the
agenda shall be submitted in writing. 

The proposals to add additional items to the agenda may be submitted according
to the deadlines laid down in Law on Companies of the Republic of Lithuania. 

The shareholders shall be entitled to submit the questions concerning the
agenda of the Meeting in advance. The shareholders may submit the above
mentioned questions by e-mail no later than 3 working days before the date of
the Meeting. The Company will answer the submitted questions by e-mail before
the Meeting. The Company will not provide a shareholder with the answer to
his/her/its question personally, if the relevant information is posted on the
Company's website, i.e. http://www.zpienas.lt. 

When registering to attend the Meeting, the shareholders or their proxies will
be asked to present an identity document. The proxies of the shareholders must
submit the duly authorised proxy documents. The proxy issued by a natural
person has to be notarized. The Power of Attorney issued in a foreign state
must be accompanied by a translation into Lithuanian language and duly
legalized according to the law. The representative may be authorized by more
than one shareholder and can vote differently according to the instructions
given by each shareholder. The Company does not determine a special form of a
proxy. 

A shareholder, who owns shares of the Company acquired on his/her/its own name
however for the interests of other persons, before voting at the General
Meeting of Shareholders shall disclose to the Company the identity of the final
client, the number of voting shares and the content of given voting
instructions or any other explanation related to the participation and voting
at the General Meeting agreed with the client. The shareholder may vote with
such votes attached to part of shares differently from votes attached to the
other part of shares. 

A shareholder or his/her/its proxy may vote in advance in writing by filling in
a General Ballot Paper. The form of the General Ballot Paper will be posted on
the Company's website http://www.zpienas.lt under the menu item
“Investuotojams” (For Investors) no later than 21 days prior to the Meeting
date. In case of a written request by a shareholder, the Company shall send the
General Ballot Paper by registered mail or deliver it in person against
signature no later than 10 days prior to the Meeting date. The filled in
General Ballot Paper must be signed by the shareholder or his/her/its proxy. In
case when the General Ballot Paper is signed by the proxy, a document
certifying the right to vote shall be attached to it. The completed general
ballot paper along with the accompanying documents (if needed) must be
presented to the Company by registered mail to the address: Žemaitijos Pienas,
AB, Sedos Str. 35, Telšiai to the Company's secretary office no later than the
last working day before the Meeting. 


         Gintaras Keliauskas
         AB Žemaitijos Pienas
         Lawyer
         More information
         Phone: + 370 444 22208