2016-04-08 17:00:04 CEST

2016-04-08 17:00:04 CEST


SÄÄNNELTY TIETO

Liettua Englanti
Zemaitijos Pienas - Notification on material event

Decisions of the ŽEMAITIJOS PIENAS, AB Managing board regarding the issues of the agenda of the general shareholder meeting taking place on the 29th of April, 2016. 


Telšiai, Lithuania, 2016-04-08 17:00 CEST (GLOBE NEWSWIRE) -- 



No.    Issue on the agenda                         Decision                     
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1.   Presentation of the      No decision is adopted regarding this issue.      
      Company audit                                                             
      committee findings                                                        
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2.   Presentation of the      No decision is adopted regarding this issue. The  
      annual consolidated      consolidated annual statement, the code of       
      statement for the year   management, and the findings of the auditors are 
      2015 and the findings    supplied.                                        
      of the auditors                                                           
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3.   Approval of the annual   To approve the annual consolidated financial      
      consolidated financial   reports and its annexes. Financial reports are   
      reports of the Company   supplied.                                        
      for the year 2015                                                         
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4.   Approval of the          To approve the Companys Board a draft decision on 
      allocation of the        the profit  (losses)                             
      profits (losses) for                                                      
      the year 2015                                                             
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5.   On the election of the   To elect and approve Grant Thorton Baltic, UAB to 
      audit company and the    conduct the annual audit of Žemaitijos pienas, AB
      determination of the     for the years 2016 and 2017. To authorise the    
      essential contract       Director-General of the Company to sign the      
      conditions               contract for the auditing services.              
                              To approve the following essential conditions of  
                               the contract for the auditing services:          
                              - The contract shall be a one-year contract with  
                               the possibility to extend the contract for a new 
                               one-year period;                                 
                              - Number of auditors with the highest             
                               qualification necessary for the performance of   
                               the contract;                                    
                              - Minimum number of working hours at the premises 
                               of Žemaitijos pienas, AB.                        
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         Gintaras Keliauskas
         Lawyer
         + 370 444 22208