Grigiskes - Notification on material event

AB „GRIGIŠKĖS“: decisions of General Meeting held on 13-10-2015

Vilnius, Lithuania, 2015-10-13 10:28 CEST (GLOBE NEWSWIRE) -- The Extraordinary
General Meeting of shareholders of AB “GRIGIŠKĖS” held on 13 October, 2015 has
made the following decisions: 

1.   To change the name of the Company akcinė bendrovė „GRIGIŠKĖS“ to AB
„Grigeo Grigiškės“. 

2.   Following the provisions of the Law of the Republic of Lithuania on the
Euro Adoption in the Republic of Lithuania and the Law of the Republic of
Lithuania on the Redenomination of the nominal value of share capital and
securities of private limited liability companies and public limited liability
companies and on the amendment of the articles of association of these
companies, redenominate the authorized capital and the nominal value of the
shares of the Company shown in the Articles of Association of the Company from
litas to euro as follows: 

2.1. To change the nominal value of one share of the Company from LTL 1 (one
litas) to EUR 0.29 (twenty nine cents). 

2.2. To change the amount of the authorized capital of the Company from LTL
65,700,000 (sixty five million seven hundred thousand litas) to EUR 19,053,000
(nineteen million fifty three thousand euro). 

3.   With regard to the adopted decisions above, to amend clauses 1.1., 1.4.,
3.1, 4.1. and 4.4.11. of the Articles of Association of the Company and to read
them as follows: 

“1.1. AB “Grigeo Grigiškės” (hereinafter referred to as the Company) is a legal
entity, established according to the legislation of the Republic of Lithuania,
whose authorized capital is divided into parts called shares. The Company
carries out its activities following the legislation of the Republic of
Lithuania and the present Articles of Association.” 

“1.4. The name of the Company: AB “Grigeo Grigiškės”.”

“3.1. The authorised capital of the Company is EUR 19,053,000 (nineteen million
fifty three thousand euro).“ 

 “4.1. The authorised capital of the Company is divided into 65,700,000 (sixty
five million seven hundred thousand) ordinary registered shares. The nominal
value of one share is EUR 0.29 (twenty nine cents).” 

“4.4.11. to vote at general meetings of shareholders according to voting rights
carried by their shares (each fully paid share with nominal value of EUR 0.29
shall grant one vote);” 

     With regard to the decisions above, amendments of the Law on Companies of
the Republic of Lithuania, that came into force after registration of the last
wording of the Articles of Association of the Company and other amendments
provided in the draft of the Articles of Association of the Company, to amend
the Articles of Association of Company, approving their new wording, and to
authorise the President of the Company (with the right to reauthorize) to sign
the new wording of the Articles of Association of the Company. 


         Gintautas Pangonis
         President of GRIGISKES AB
         (+370-5) 243 58 01

Attachments:

Articles of association of AB Grigiskes.pdf