2012-04-05 17:52:14 CEST

2012-04-05 17:53:26 CEST


REGULATED INFORMATION

English Lithuanian
Imoniu grupe ALITA, AB - Notification on material event

Regarding the adopted decisions of the Board of company group ALITA AB, related to the Annual General Meeting of Shareholders, being convened 


Alytus, Lithuania, 2012-04-05 17:52 CEST (GLOBE NEWSWIRE) -- On 5 April 2012
the Board of company group “ALITA”, AB (hereinafter, the “Company”) decided: 

1. To approve the annual report of the Company for the year 2011.

2. To convene an annual general meeting of shareholders of the Company on 27
April 2012 at 12.00 p.m. (noon) (hereinafter, the “Meeting”). 

3. To approve the following agenda of the annual general Meeting of
shareholders of the Company: 

1) Announcement of the annual report of the Company for 2011.

2) Announcement of the auditor's reports.

3) Approval of the set of annual financial statements of the Company for 2011.

4) Approval of the decision regarding appropriation of the profit (loss) of the
Company for 2011. 

5) Approval of the set of annual consolidated financial statements for 2011.

6) Election of audit company and determination of the terms of payment for
audit services. 

4. To approve the following draft decisions of the annual general Meeting of
shareholders of the Company: 

1) Announcement of the annual report of the Company for 2011

The decision is not adopted on this matter of the agenda.

 2) Announcement of the auditor's reports

The decision is not adopted on this matter of the agenda.

 3) Approval of the set of annual financial statements of the Company for 2011

To approve the set of annual financial statements of the Company for the year
2011. 

 4) Approval of the decision regarding appropriation of the profit (loss) of
the Company for 2011 

To approve the decision regarding appropriation of profit (loss) of the Company
for the year 2011, as provided below: 

Undistributed profit (loss) of the year 2010 in the end of the year 2011: LTL
(-110,473) thou. or EUR (-31,995) thou. 

Net profit (loss) of the year 2011: LTL (-4,654) thou. or EUR (-1,348) thou.

Profit (loss) of the year 2011, unacknowledged in the profit (loss) report: LTL
0 

Transfers from reserves: LTL 0

Reduction of the share capital, reducing the accumulated losses: LTL 24,028
thou. or EUR 6,959 thou. 

Shareholders' contributions to cover loss of the Company: LTL 5,261 thou. or
EUR 1,524 thou. 

Total profit (loss) available for distribution: LTL (-85,838) thou. or EUR
(-24,860) thou. 

Share of profit allocated to mandatory reserves: LTL 0

Share of profit allocated to reserves of own shares: LTL 0

Share of profit allocated to other reserves: LTL 0

Share of profit allocated for payment of dividends: LTL 0

Share of profit allocated for other purposes (annual bonuses to Board members
etc.): LTL 0 

Undistributed profit (loss) at the end of 2011, carried forward into the
following financial year: LTL (-85,838) thou. or EUR (-24,860) thou. 

5) Approval of the set of annual consolidated financial statements for 2011

To approve the set of annual consolidated financial statements of the Company
for the year 2011. 

6) Election of audit company and determination of the terms of payment for
audit services 

To elect “KPMG Baltics”, UAB, code 111494971, registered at Upės st. 21,
Vilnius, the Republic of Lithuania, as the auditor of the Company for the
carrying out of the audit of annual financial statements for 2012 and to set
the remuneration for the services not higher than LTL 80 000. 






         Additional information is provided by the General Director Paulius
Kibiša, phone number + 370 315 57243.