Grigiskes AB - Notification on material event

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

Vilnius, Lithuania, 2014-04-24 14:08 CEST (GLOBE NEWSWIRE) -- 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