Grigiskes - Notification on material event

The Annual General Meeting of Shareholders of AB “Grigeo Grigiškės” will be held on 29 April 2016

Vilnius, Lithuania, 2016-04-06 15:07 CEST (GLOBE NEWSWIRE) -- 

The Annual General Meeting of Shareholders of AB “Grigeo Grigiškės“, legal
entity code 110012450, registered office: Vilniaus g. 10, Grigiškės, Vilniaus
m. sav., Lithuania (hereinafter – the Company), is convened by initiative and
the decision of the Board of the Company on the 29 April, 2016, at 11 a.m. 

The Annual General Meeting of Shareholders will be held at the Company’s Office
at Vilniaus g. 10, Grigiškės, Vilniaus m. sav., Lithuania,  the first floor of
Company’s administration building. 

Registration of shareholders starts at 10.15 a.m., ends at 10.45 a.m.

The accounting day of the Annual General Meeting of Shareholders is 22 April
2016. The persons who were shareholders of the Company at the close of the
accounting day of the Meeting shall have the right to attend and vote at the
General Meeting of Shareholders in person or may authorise other persons to
vote for them as proxies or may conclude an agreement on the disposal of the
voting right with third parties. 

The shareholders' proprietary rights accounting day is 13 May 2016. The
proprietary rights (right to receive dividend) will be held by persons who, at
the close of the tenth working day after the General Meeting of Shareholders
which adopted the appropriate decision, i.e. on 13 May 2016, will be the
shareholders of the Company. 

The agenda of the Meeting:

1. Consolidated annual report of the Company for the year 2015.

2. Company‘s Auditor’s report.

3. Approval of the set of consolidated and separate financial statements of the
Company for the year 2015. 

4. Formation of the reserve for acquisition of own shares.

5. The appropriation of the Company’s profit for the year 2015.

6. Acquisition of own shares.

7. Selection of the firm of auditors and setting the conditions for auditor
remuneration. 



A person attending the General Meeting of Shareholders and entitled to vote
shall produce a document which is a proof of his identity. A person who is not
a shareholder shall additionally produce a document attesting to his right to
vote at the General Meeting of Shareholders. 

Shareholder entitled to participate in the General Meeting of Shareholders
shall have the right to authorise, in writing, a natural or legal person to
participate and vote on his behalf at the Annual General Meeting of
Shareholders. Such a written authorisation must be approved in accordance with
the procedure laid down in legal acts. Shareholder entitled to participate in
the 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 Annual General Meeting of Shareholders. Such a
proxy of the shareholder need not be certified by a notary. The power of
attorney issued through electronic communication means must be confirmed by the
shareholder with a safe electronic signature developed by safe signature
equipment and approved by a qualified certificate effective in the Republic of
Lithuania.  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@grigeogrigiskes.lt not later than on the last business day before the
General Meeting of Shareholders. The authorised person shall have 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 Company has not set the proxy form. 

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

A shareholder or a person authorised by him shall have a right to vote in
writing in advance by filling in the general ballot paper. The General ballot
paper will be provided on the Company's website www.grigeo.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 must be delivered or sent by mail to the Company's Office
at Vilniaus g. 10, Grigiškės, Vilniaus m. sav., Lithuania not later than on the
last business day before the General Meeting of Shareholders. 

Shareholders who hold shares carrying at least 1/20 of all the votes, have a
right of proposing  to supplement the agenda of the General Meeting of
Shareholders. Draft decisions on the proposed issues or, when it is not
mandatory to adopt decisions, explanatory notes on each proposed issue of the
agenda of the General Meeting of Shareholders must be presented alongside with
the proposal. Proposals to the agenda of the Annual General Meeting of
Shareholders shall be submitted in writing by e-mail to info@grigeogrigiskes.lt
or delivered or sent by mail to the Company's office at Vilniaus g. 10,
Grigiškės, Vilniaus m. sav., Lithuania. The agenda will be supplemented if the
proposal is received not later than 14 days before the Annual General Meeting
of Shareholders. 

Shareholders who hold shares carrying at least 1/20 of all votes, have a right
of proposing draft decisions on the issues already included in the agenda of
the General Meeting of Shareholders, to nominate the audit firm. The proposed
draft decisions at any time before the General Meeting of Shareholders must be
presented in writing by sending them by mail to the Company's office at
Vilniaus g. 10, Grigiškės, Vilniaus m. sav., Lithuania, or by e-mail
info@grigeogrigiskes.lt. The shareholders shall also be entitled to propose
draft decisions on the agenda issues of the General Meeting of Shareholders,
nominate the audit firm in writing during the Meeting. 

Shareholders have the right to ask questions concerning the agenda of the
Annual General Meeting of Shareholders in advance. Questions may be submitted
by e-mail to info@grigeogrigiskes.lt or delivered or sent by mail to the
Company's office at Vilniaus g. 10, Grigiškės, Vilniaus m. sav., Lithuania not
later than 25 April 2016. Responses of a general character shall be posted on
the Company's website www.grigeo.lt, under the heading "Investor Relations".
The Company will not respond personally to the shareholder if the respective
information is presented on the Company's website. 

The shareholders can get acquainted with the documents held by the Company
related to the agenda of the Annual General Meeting of Shareholders, draft
resolutions of the Annual General Meeting of Shareholders, and other documents
to be submitted to the General Meeting of Shareholders as well as to get
information regarding execution of the shareholders’ rights at the company’s
office located Vilniaus g. 10, Grigiškės, Vilniaus m. sav., Lithuania on
weekdays from 7.30 a.m. till 4.30 p.m. or on the Company's website
www.grigeo.lt, under the heading "Investor Relations". 

The total number of the Company's shares and the number of shares granting
voting rights during the Annual General Meeting of Shareholders is the same and
amounts to 65,700,000. ISIN code of the Company’s shares is LT0000102030. 

All the information regarding the Annual General Meeting of Shareholders is
presented on the Company's website www.grigeo.lt, under the heading "Investor
Relations" or provided by telephone +370 5 243 5801. 


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