Grigiskes AB - Notification on material event

Extraordinary General Meeting of Shareholders of GRIGISKES AB will be held on 19 December 2011

Vilnius, Lithuania, 2011-11-15 08:05 CET (GLOBE NEWSWIRE) -- The Extraordinary
General Shareholders Meeting of Grigiskes AB, legal entity code 110012450,
registered office: Vilniaus g. 10, Grigiškės, LT-27101, Vilniaus m. sav.
(hereinafter- Company), is convened by initiative and the decision of the
Board. 



The Date of the Meeting - the 19th of December, 2011, Monday.

Time - 11 a.m., place - Vilniaus g. 10, Grigiškės, Vilniaus m. sav., the first
floor of Company's administration building. 

Registration of shareholders starts at 10.30 a.m., ends at 10.55 a.m.





The Board proposed the following agenda for the Extraordinary General Meeting
of Shareholders: 

1) Increase of the authorised capital of the Company with additional
contributions. 

2) Withdrawal of the pre-emptive right of the Company's shareholders to acquire
newly issued shares of the Company; granting of the right to acquire newly
issued shares of the Company. 

3) Amendments to the Articles of Association of the Company and approval of the
new wording of the Articles of Association. 



Accounting day the Extraordinary General Meeting of Shareholders' is 12
December 2011. Shareholders that own Grigiskes AB shares at the end of the day
of 12 December 2011 shall have the right to participate in convened
Extraordinary General Meeting. 



Shareholders participating in the Extraordinary General Meeting of Shareholders
shall present an identity document. Shareholders shall be granted pecuniary and
non-pecuniary rights provided for by laws and other legal acts of the Republic
of Lithuania. Shareholder entitled to participate in the aforementioned
shareholder meeting shall have the right to authorise, in writing, a natural or
legal person to participate and vote on his behalf at the Extraordinary General
Meeting of Shareholders indicated in this notice. Such a written authorisation
must be approved in accordance with the procedure laid down in legal acts and
must be delivered to the Company's Office at Vilniaus g. 10, Grigiškės,
Vilniaus m. sav., no later than by the end of shareholder registration for a
relevant General Meeting. Shareholder entitled to participate in the
Extraordinary General Meeting of Shareholders shall also have the right to
authorise, by means of electronic communications, a natural or legal person to
participate and vote on his behalf at the Extraordinary General Meeting of
Shareholders. Such  a proxy of the shareholder need not be certified by a
notary. The proxy given by means of electronic communications and the notice of
the given proxy shall be submitted to the Company by e-mail info@grigiskes.lt
until the end of the registration of shareholders  on 19 December 2011. The
authorised person shall have an identity document and shall hold the same
rights as would be held by the shareholder represented by him (unless the
issued authorisation or laws provide for narrower rights of the authorised
person). The shareholder's right to participate in the Extraordinary General
Meeting of Shareholders shall also include the right to ask. The Company has
not set the proxy form. 



The Company is not providing the possibility to attend and vote at the
Extraordinary General Meeting of Shareholders by means of electronic
communications. 



Please be informed that on decisions, which are included into Extraordinary
General Meeting of Shareholders agenda, can be voted in writing by completing
the general ballot paper. General ballot paper will be provided on the
Company's website www.grigiskes.lt, under the heading "Investor Relations". If
the person who had completed the general ballot paper is not a shareholder, the
completed general ballot paper must be accompanied by a document confirming the
right to vote. The duly completed general ballot paper (voting bulletin) should
be sent by e-mail to info@grigiskes.lt or delivered directly to the Company's
Office at Vilniaus g. 10, Grigiškės, Vilniaus m. sav., until the end of the
registration of shareholders at Extraordinary General Meeting of Shareholders
held on 19 December 2011. If the voting ballot is sent by mail, it must be
received until the end of the registration of shareholders of the Extraordinary
General Meeting of Shareholders. The Company reserves the right not to include
in the shareholder vote, if the general ballot paper does not meet the
requirements of the third and fourth parts of the 30 Article of Law on
Companies or the general ballot paper is written in a way that it is impossible
to establish shareholder‘s will on a separate issue. 



The agenda of the Extraordinary General Meeting of Shareholders may be
supplemented by initiative of shareholders who own shares carrying not less
than 1/20 of all the votes. Proposals to the agenda of the Extraordinary
General Meeting of Shareholders may be submitted by e-mail to info@grigiskes.lt
or delivered to the Company's office at Vilniaus g. 10, Grigiškės, Vilniaus m.
sav. The agenda will be supplemented if the proposal is received not later than
14 days before the Extraordinary General Meeting of Shareholders. 



Please be informed that along with a proposal to supplement the agenda of the
Extraordinary General Meeting of Shareholders it is required to submit the
drafts of proposed decisions or, if decisions shall not be adopted,
explanations on each of the proposed issues. 



Please be informed that shareholders who own shares carrying not less than 1/20
of all votes own the right at any time before the Extraordinary General Meeting
of Shareholders or during the meeting in writing or by e-mail info@grigiskes.lt
to propose new draft decisions related to the questions included into agenda. 



Shareholders have the right to ask questions concerning the agenda of the
Extraordinary General Meeting of Shareholders of 19 December 2011. Questions
may be submitted by e-mail to info@grigiskes.lt or delivered directly to the
Company's office at Vilniaus g. 10, Grigiškės, Vilniaus m. sav., not later than
13 December 2011. Responses of a general character shall be posted on the
Company's website www.grigiskes.lt, under the heading "Investor Relations". The
Company will not respond personally to the shareholder if the respective
information is posted on the Company's website. 



Starting from 16 November 2011, shareholders can get acquainted with the
company‘s documents related to the agenda of shareholders meeting, draft
resolutions of the Extraordinary General Meeting of Shareholders, additional
information and information relating to shareholders' rights at the company's
office located Vilniaus g. 10, Grigiškės, Vilniaus m. sav. on weekdays from
7.30 a.m. till 4.30 p.m. Draft resolutions of the Extraordinary General Meeting
of Shareholders, ballot paper and other documents should be submitted to the
Extraordinary General Meeting of Shareholders will be provided on the Company's
website www.grigiskes.lt, under the heading "Investor Relations". 



The total number of the Company's shares and the number of shares granting
voting rights during the Extraordinary General Meeting of Shareholders is the
same and amounts to 60.000.000. 


         Gintautas Pangonis
         General Director
         (+370-5) 243 58 01

Attachments:

GRI 2011_12_19 GM General_ballot_paper EN.pdf

GRI ANNOUNCEMENT OF THE BOARD EN.pdf

GRI 2011_12_19 GM Draft_decisions EN.pdf