Zemaitijos Pienas AB - Notification on material event

Convocation of Extraordinary General Meeting of Shareholders and proposed draft solutions

Telšiai, Lithuania, 2013-08-14 09:32 CEST (GLOBE NEWSWIRE) -- By the initiative
and decision of the Board of AB Žemaitijos Pienas, the Extraordinary General
Meeting of Shareholders of AB Žemaitijos Pienas (head office: Sedos Str. 35,
Telšiai, company code: 180240752) is being convened on 20 September, 2013. 

The venue of the Meeting will be a meeting room of AB Žemaitijos Pienas,
located at Sedos Str. 35, Telšiai. 

The opening of the Meeting will be at 3:00 p.m. (registration of shareholders
starts at 2:30 p.m.). 

The Accounting Day of the Meeting is 13 September, 2013 (only those persons,
who will be counted as the shareholders at the end of the Accounting Day of the
Meeting, or their proxies, or persons with whom an agreement for transfer of
voting rights is concluded shall be entitled to attend and vote at the General
Meeting of Shareholders). 

Proposed agenda of the Meeting:

  1. Selecting an audit firm, its appointment, as well as specification of
     essential terms and conditions of Audit Services Agreement;
  2. Other issues.

The Company shall not provide possibility of attending and voting at the
General Meeting through electronic communication channels. 

Draft resolutions on agenda items of the General Meeting, all the documents to
be submitted to the General Meeting, and information related to the
implementation of rights of the shareholders will be posted at the Company's
website http://www.zpienas.lt under menu item “Investuotojams” (For Investors)
no later than 21 days prior to the Meeting. 

Each shareholder holding shares that grant at least 1/20 of the voting rights,
as well as other persons specified by law, shall have the right of proposing
amendments to the agenda of the General Meeting by submitting draft resolutions
on the proposed issues (in case, when the resolution is not required - an
explanation) together with each proposal. The proposals to supplement the
agenda shall be submitted in writing. 

The proposals to add additional items to the agenda may be submitted according
to the deadlines laid down in Law on Companies of the Republic of Lithuania. 

The shareholders shall be entitled to submit the questions concerning the
agenda of the Meeting in advance. The shareholders may submit the above
mentioned questions by e-mail no later than 3 working days before the date of
the Meeting. The Company will answer the submitted questions by e-mail before
the Meeting. The Company will not provide the shareholder with answer to
his/her/its question personally, if the relevant information is posted at the
Company's website, i.e. http://www.zpienas.lt. 

When registering to attend the Meeting, the shareholders or their proxies will
be asked to present an identity document. The proxies of the shareholders must
submit the duly authorised proxy documents. The proxy issued by a natural
person has to be notarized. The Power of Attorney issued in a foreign state
must be accompanied by a translation into the Lithuanian language and must be
duly legalized according to the law. The representative may be authorized by
more than one shareholder and can vote differently according to the
instructions given by each shareholder. The Company does not determine a
special form of proxy. 

A shareholder, who owns shares of the Company acquired on his/her/its own name
however for the interests of other persons, before voting at the General
Meeting of Shareholders shall disclose to the Company the identity of the final
client, the number of voting shares and the content of given voting
instructions or any other explanation related to the participation and voting
at the General Meeting agreed with the client. The shareholder may vote with
such votes attached to part of shares differently from votes attached to the
other part of shares. 

A shareholder or his/her/its proxy may vote in advance in writing by filling in
a General Ballot Paper. The form of the General Ballot Paper will be posted at
the Company's website http://www.zpienas.lt under the menu item
“Investuotojams” (For Investors) no later than 21 days prior to the Meeting
date. In case of a written request by the shareholder, the Company shall send
the General Ballot Paper by registered mail or deliver it in person against
signature no later than 10 days prior to the Meeting date. The filled in
General Ballot Paper must be signed by the shareholder or his/her/its proxy. In
case when a General Ballot Paper is signed by the proxy, a document certifying
the right to vote shall be attached to it. The filled in General Ballot Paper
along with the accompanying documents (if needed) must be presented by
registered mail to the address: Žemaitijos Pienas, AB, Sedos Str. 35, Telšiai
or direct to the Company's secretary office no later than the last working day
before the Meeting. 



Gintaras Keliauskas

Lawyer

AB Žemaitijos Pienas

More information

Phone: 8 444 22208

Attachments:

draft.En.pdf