2012-04-16 20:00:01 CEST

2012-04-16 20:00:16 CEST


REGULATED INFORMATION

English Lithuanian
City Service AB - Notification on material event

Regarding supplement of agenda of Ordinary General Shareholders Meeting of City Service AB 


Vilnius, Lithuania, 2012-04-16 20:00 CEST (GLOBE NEWSWIRE) -- <span
style="font-size:11pt;font-family:Arial, Helvetica, sans-serif;">The Board of
City Service AB, code 123905633, address Konstitucijos av. 7, Vilnius,
(hereinafter - the Company) by its decision, adopted on 16 April 2012, decided
to supplement agenda of the Ordinary General Shareholders Meeting of the
Company by item 5 - Regarding the enforcements of the Heat Sector law of
Lithuania and authorization of the Board of the Company.</span><span style="font-size:11pt;font-family:Arial, Helvetica, sans-serif;">Draft
decisions of the Ordinary General Meeting of Shareholders with the supplemented
item 5 in the agenda are attached.</span><span style="font-size:11pt;font-family:Arial, Helvetica, sans-serif;">The Date
of the Meeting - the 30</span><sup style="font-family: Arial, Helvetica,
sans-serif; ">th<span style="font-size:11pt;font-family:Arial, Helvetica,
sans-serif;"> of April, 2012, Monday. Time - 9.00 a.m., place - Lvovo str. 25
(11 floor), Vilnius, Lithuania. Registration starts at 8.30 a.m.</span><span style="font-size:11pt;font-family:Arial, Helvetica, sans-serif;">The
Board confirmed the following agenda for the Ordinary General Meeting of
Shareholders:</span><span style="font-family:Arial, Helvetica, sans-serif;">1. </span><span
style="font-family:Arial, Helvetica, sans-serif;">Presentation of the
consolidated annual report of the Company for the year 2011.</span><span style="font-family:Arial, Helvetica, sans-serif;">2. </span><span
style="font-family:Arial, Helvetica, sans-serif;">Presentation of the auditor's
report of the Company.</span><span style="font-family:Arial, Helvetica, sans-serif;">3. </span><span
style="font-family:Arial, Helvetica, sans-serif;">Approval of the Company's
consolidated </span><span style="font-family:Arial, Helvetica,
sans-serif;">annual set of financial statements</span><span
style="font-family:Arial, Helvetica, sans-serif;"> of the year 2011.</span><span style="font-family:Arial, Helvetica, sans-serif;">4. </span><span
style="font-family:Arial, Helvetica, sans-serif;">Distribution of profit (loss)
of the year 2011.</span><span style="font-family:Arial, Helvetica, sans-serif;">5. </span><span
style="font-family:Arial, Helvetica, sans-serif;">Regarding the enforcements of
the Heat Sector law of Lithuania and authorization of the Board of the
Company.</span><span style="font-size:11pt;font-family:Arial, Helvetica,
sans-serif;">Company‘s Board proposes to the Ordinary General Shareholders
Meeting to pay dividends in the amount of LTL 7,270,300 (EUR 2,105,624), one
share should receive LTL 0.23 (EUR 0.0666) dividend.</span><span style="font-family:Arial, Helvetica, sans-serif;"><span
style="font-size:11pt;">The account date of the Ordinary General Meeting of
Shareholders - the 23rd of April, 2012. Shareholders that own City Service AB
shares on the end of the working day of 23rd of April, 2012, shall have the
right to participate in convened Ordinary General Meeting. The</span></span><span style="font-family:Arial, Helvetica, sans-serif;"><span
style="font-size:11pt;">rights accounting date </span></span><span
style="font-family:Arial, Helvetica, sans-serif;"><span
style="font-size:11pt;">of the Ordinary General Meeting of Shareholders - the
15th of May, 2012.</span></span><span style="font-family:Arial, Helvetica, sans-serif;"><span
style="font-size:11pt;">Persons who participate in General Meeting of
Shareholders must submit an identity document. A person who is not a
shareholder, to this document, also must submit a document confirming the right
to vote at an Ordinary General Meeting of</span></span><span
style="font-family:Arial, Helvetica, sans-serif;"><span
style="font-size:11pt;"> Shareholders. The authorized person at an Ordinary
General Meeting of Shareholders shall have the same rights as represented
shareholder. Shareholder's right to attend General Meeting of Shareholders also
include the right to ask.</span></span><span style="font-family:Arial, Helvetica, sans-serif;"><span
style="font-size:11pt;">Please be informed that shareholders, who are entitled
to participate at an Ordinary General Meeting of</span></span><span
style="font-family:Arial, Helvetica, sans-serif;"><span
style="font-size:11pt;"> Shareholders, own the right to authorize by electronic
means phisical or legal person to attend and vote on behalf of them at Ordinary
General Meeting of Shareholders. Power of attorney that is issued by the
shareholder must be submitted by sending e-mail </span></span><span
style="font-family:Arial, Helvetica, sans-serif;"><span
style="font-size:11pt;">ignas.krasauskas@cityservice.lt</span></span><span
style="font-family:Arial, Helvetica, sans-serif;"><span
style="font-size:11pt;"> not later than the 27th of April, 2012 (16 hrs. 00
min.). </span></span><span style="font-family:Arial, Helvetica, sans-serif;"><span
style="font-size:11pt;">Please be informed </span></span><span
style="font-family:Arial, Helvetica, sans-serif;"><span
style="font-size:11pt;">that on decisions which are included into</span></span><span style="font-family:Arial, Helvetica, sans-serif;"><span
style="font-size:11pt;">Ordinary General Meeting of</span></span><span
style="font-family:Arial, Helvetica, sans-serif;"><span
style="font-size:11pt;"> Shareholders</span></span><span
style="font-family:Arial, Helvetica, sans-serif;"><span
style="font-size:11pt;"> agenda can be voted in writing by completing the
general ballot paper. If the person who had completed the general ballot paper
is not a shareholder, the completed general ballot paper must be accompanied by
a document confirming the right to vote. The duly completed general ballot
paper (voting bulletin) should be sent by e-mail
ignas.krasauskas@cityservice.lt or delivered directly to the Company's office
at Smolensko st. 12, Vilnius (3rd  floor) not later than the</span></span><span style="font-family:Arial, Helvetica, sans-serif;"><span
style="font-size:11pt;">27th </span></span><span style="font-family:Arial,
Helvetica, sans-serif;"><span style="font-size:11pt;">of April, 2012 (16 hrs.
00 min). The Company reserves the right not to include in the shareholder vote,
if the general ballot paper does not meet the third and fourth parts of the 30
Article of Law on Companies requirements or the general ballot paper is written
in a way that it is impossible to establish shareholder‘s will on a separate
issue.</span></span><span style="font-family:Arial, Helvetica, sans-serif;"><span
style="font-size:11pt;">On the implementation</span></span><span
style="font-family:Arial, Helvetica, sans-serif;"><span
style="font-size:11pt;"> of </span></span><span style="font-family:Arial,
Helvetica, sans-serif;"><span style="font-size:11pt;">the clause 1-3 of the
firt paragraph of the 261 Article of Law on Companies</span></span><span style="font-family:Arial, Helvetica, sans-serif;"><span
style="font-size:11pt;">The agenda of the Ordinary General Meeting of
Shareholders may be supplemented by initiative of shareholders who own shares
no less than 1/20 of all the votes. Proposals to the agenda of the Ordinary
General Meeting of Shareholders may be submitted by e-mail </span></span><span
style="font-family:Arial, Helvetica, sans-serif;"><span
style="font-size:11pt;">ignas.krasauskas@cityservice.lt</span></span><span
style="font-family:Arial, Helvetica, sans-serif;"><span
style="font-size:11pt;"> or delivered to the Company's representative office at
Smolensko st. 12, Vilnius (3rd floor) no later than the 16th of  April, 2012.
Please be informed that along with a proposal to supplement the agenda of the
Ordinary General Meeting of Shareholders must be submitted the drafts of
proposed decisions, or if the decisions shall not be adopted, explanations on
each of the proposed issue.</span></span><span style="font-family:Arial, Helvetica, sans-serif;"><span
style="font-size:11pt;">Please be informed that shareholders who own shares no
less than 1/20 </span></span><span style="font-family:Arial, Helvetica,
sans-serif;"><span style="font-size:11pt;">of all votes own the right at any
time before the </span></span><span style="font-family:Arial, Helvetica,
sans-serif;"><span style="font-size:11pt;">Ordinary General Meeting of
Shareholders </span></span><span style="font-family:Arial, Helvetica,
sans-serif;"><span style="font-size:11pt;">or during the meeting</span></span><span style="font-family:Arial, Helvetica, sans-serif;"><span
style="font-size:11pt;">in writing or by e-mail </span></span><span
style="font-family:Arial, Helvetica, sans-serif;"><span
style="font-size:11pt;">ignas.krasauskas@cityservice.lt propose new draft
decisions related to the questions included into agenda</span></span><span
style="font-family:Arial, Helvetica, sans-serif;"><span
style="font-size:11pt;">.</span></span><span style="font-family:Arial, Helvetica, sans-serif;"><span
style="font-size:11pt;">Shareholders own the right to ask the questions
concerning the agenda of the Ordinary General Meeting of Shareholders.
Questions may be submitted by e-mail </span></span><span
style="font-family:Arial, Helvetica, sans-serif;"><span
style="font-size:11pt;">ignas.krasauskas@cityservice.lt</span></span><span
style="font-family:Arial, Helvetica, sans-serif;"><span
style="font-size:11pt;">  or delivered directly to the Company's office at
Smolensko st. 12, Vilnius (3rd floor) not later than 25th of April,
2012.</span></span><span style="font-size:11pt;font-family:Arial, Helvetica, sans-serif;">Please
be informed that the Company may refuse to answer to shareholder's questions if
they are concerned to the commercial (industrial) secrets or other confidential
information. If it is possible to set the shareholder's identity, the Company
shall inform the shareholder on the refusal to provide asked
information.</span>


         Vilius Mackonis,
         Head of Communications
         + 370 5 239 4900