City Service - Notification on material event

Notice on Calling an Extraordinary General Meeting of Shareholders of City Service AS

Vilnius, Lithuania, 2015-08-24 18:00 CEST (GLOBE NEWSWIRE) -- The Extraordinary
General Meeting of Shareholders (hereinafter, the Meeting) of City Service AS,
corporate ID code: 12827710, registered address: Narva mnt 5, Tallinn, Harju
county, 10117, the Republic of Estonia (hereinafter, the Company), is convened
by the Management Board. 

The date of the Meeting - 16 September 2015, Wednesday; time - 09:00; place -
Lvovo str. 25, Vilnius, the Republic of Lithuania (Business Center “3 burės” (3
Sails), Mažoji burė (the Small Sail), the 11th floor). Registration starts at
08:30. 

The Supervisory Board determined the following agenda of the Meeting:

  1. Approval of conversion of the Company into an SE.
  2. Approval of the Plan of Conversion and Draft Terms of Conversion.
  3. Approval of the Statutes.

Draft resolutions of the Meeting and related documents are attached hereto and
also available for examination on the webpage of the Company at
www.cityservice.eu. Shareholders can also examine the draft resolutions of the
Meeting and related documents during business hours from 09:00 till 12:00 every
working day until the Meeting at the following addresses: in Lithuania - the
Company's Vilnius office at Smolensko str. 12, Vilnius, the Republic of
Lithuania; in Estonia - the office of the law firm Tark Grunte Sutkiene,
Roosikrantsi str. 2, Tallinn, the Republic of Estonia. 

The list of shareholders entitled to take part in the Meeting shall be
determined as at 23:59 on 9 September 2015. 

The shareholders will have to submit the following documents for the
registration as participants of the Meeting: 

1. Shareholders (natural persons): his/her identity document (passport or ID
card). 

2. Representatives of shareholders (natural persons): his/her identity document
(passport or ID card) and a duly signed written power of attorney issued by the
shareholder. 

3. Representatives of shareholders (legal persons): in case of representation
by law - certified extract (or other similar document) from relevant commercial
registry of the country where the legal person is registered providing
information on a right of representation and identity document of the
representative (passport or ID card); in case of authorized representation -
certified extract mentioned above, identity document of the representative
(passport or ID card) and a written power of attorney duly issued by the legal
representative of the shareholder. 

4. Shareholders whose shares are held through the nominee accounts: his/her
identity document (passport or ID card) and a duly signed written power of
attorney issued by the holder of the nominee account opened with the Estonian
central depository for securities indicating the number of shares owned by the
shareholder. For the purpose of clarification, please note that: 

4.1. Shareholders should contact the intermediary who held the shares of AB
“City Service” prior to completion of cross-border merger (also in the case
when the shares are accounted in the nominee accounts through the chain of
intermediaries (custodians)) for the issuance of the mentioned power of
attorney. 

4.2. Those shareholders who had not selected intermediaries (custodians) for
accounting their shares held in AB “City Service” prior to cross-border merger
and whose shares were accounted by the intermediary selected by AB “City
Service” (i.e. “Swedbank”, AB), should contact Central Securities Depository of
Lithuania for the issuance of the mentioned power of attorney. 

Please be informed that shareholders, who are entitled to participate at the
Meeting, can authorize by electronic means a natural or legal person to attend
and vote on behalf of them at the Meeting. Power of attorney that is digitally
signed by the shareholder must be submitted via e-mail to
ignas.krasauskas@cityservice.eu not later than by 15 September 2015 (17:00). 

The authorized person at the Meeting shall have the same rights as a
represented shareholder, unless the authorized person's rights are limited by
the power of attorney or by law. Documents issued in a foreign country must be
translated either into English or Lithuanian and legalized in the manner
established by the law. 

Please be informed that a right to vote by mail in writing (i.e. voting by
completing a voting bulletin) shall be impossible with respect to this Meeting
according to Estonian law. However, the right to vote by mail (i.e. vote by
completing a voting bulletin) shall be resumed to shareholders of the Company
in the future general meetings of shareholders once a decision regarding
necessary supplements to Statutes during the Meeting that is being convened
hereby is adopted and registration of such Statutes with the Estonian
Commercial Register is completed. 

Please be informed that shareholders whose shares represent at least 1/20 of
the share capital of the Company may submit to the Company draft resolutions in
respect to each item on the agenda in writing or by e-mail to
ignas.krasauskas@cityservice.eu by 14 September 2015 (17:00). 

Shareholders will have the right to receive information about the activities of
the Company at the Meeting. Questions may be submitted before the Meeting by
e-mail to ignas.krasauskas@cityservice.eu or delivered directly to the
Company's Vilnius office at Smolensko str. 12, Vilnius, the Republic of
Lithuania. Please be informed that the management may refuse to answer to
shareholder's questions if it can significantly damage the interests of the
Company. 

The total number of the Company's shares and the number of shares granting
voting rights during the Meeting is the same and amounts to 31,610,000. ISIN
code of the Company's shares is EE3100126368. 

Additional information is provided by tel.: +370 5 239 4900 and on the website
www.cityservice.eu. 


         Vilius Mackonis,
         Director of Marketing and Communication Department
         + 370 5 239 4900

Attachments:

City Service SE Statutes new version EN.pdf

Power of attorney EN.pdf

Shareholders draft decisions.pdf

Plan of Conversion.pdf