Elektrenai, Lithuania, LIETUVOS ELEKTRINE AB, 2011-04-12 15:48 CEST (GLOBE NEWSWIRE) --
On the initiative and resolution of the Board of Directors of joint-stock company LIETUVOS ELEKTRINĖ (company registration number 110870933, legal address Elektrinės g. 21, Elektrėnai), the ordinary general meeting of the shareholders of joint-stock company LIETUVOS ELEKTRINĖ (hereinafter–the Company) is convened on 29 April 2011.
The shareholders meeting will take place at Elektrinės g. 21, Elektrėnai, Republic of Lithuania. The meeting starts at 8.00 AM 29 April 2011. The registration of shareholders starts at 7.30 AM 29 April 2011. The registration of shareholders ends at 7.55 AM 29 April 2011
The shareholders record date of the ordinary general shareholders meeting is 21 April 2011. Only the persons who are the shareholders of the Company at the end of the shareholders record day of the ordinary general shareholders meeting shall be allowed to participate and vote in the ordinary general shareholders meeting.
The rights record date of the ordinary general shareholders meeting is May 13, 2011. The property rights of the shareholders established in Clauses 1-4 of Paragraph 1 of Article 15 of the Law on Companies of the Republic of Lithuania shall be held by the persons, who are the shareholders of the Company at the end of the rights record day of meeting.
Company meeting agenda and proposed draft resolutions:
1. Presentation of the Annual Report of joint-stock company LIETUVOS ELEKTRINĖ.
Proposed draft resolution:
“1. Approve the Annual Report for 2010 of joint-stock company LIETUVOS ELEKTRINĖ.”
2. Presentation of the Independent Auditor’s Report concerning the Financial Statements for 2010 of joint-stock company LIETUVOS ELEKTRINĖ.
Proposed draft resolution:
“2. The resolution on this item of the agenda is not adopted.”
3. Approval of the Financial Statements for 2010 of joint-stock company LIETUVOS ELEKTRINĖ.
Proposed draft resolution:
“3. Approve the Financial Statements of joint-stock company LIETUVOS ELEKTRINĖ for the financial year ended on 31 December 2010 audited by the Auditor PricewaterhouseCoopers, UAB.”
4. Distribution of profit (loss) of joint-stock company LIETUVOS ELEKTRINĖ of 2010.
Proposed draft resolution:
“4. Approve the distribution of profit of joint-stock company LIETUVOS ELEKTRINĖ for the year ended on 31 December 2010.”
All information required by the legislation and related to the convened ordinary general shareholders meeting and the annexes to the discussed items in the meeting agenda are published at the Company website http://www.lelektrine.lt.
The shareholder or his/her authorised representative shall have the right to vote in writing by filling the general ballot paper. Upon the written request of the shareholder or his/her duly authorised representative entitled to vote, the Company shall prepare and send the general ballot paper by registered mail or deliver it against signature no later than 10 days before the ordinary general shareholders meeting. General ballot paper is also available in the Company's website at http://www.lelektrine.lt. Filled and signed general ballot paper and the document confirming the voting right can be sent to the Company by registered mail or delivered at Elektrinės g. 21, Elektrėnai, no later than the end of the business day (4.30 PM) of 28 April 2011.
The Company retains the right not to recognize the advance vote of the shareholder or his/her authorised representative, if his/her submitted general ballot paper does not meet the requirements of Paragraphs 3 and 4 of Article 30 of the Law on Companies of the Republic of Lithuania, was received late or is filled so that the true will of the shareholder on an individual matter cannot be determined.
The persons are entitled to vote under a Power of Attorney in the ordinary general shareholders meeting. The Power of Attorney shall be a written document issued by one person (constituent) to another person (representative) to represent the constituent in establishing and maintaining the relations with third parties. The Power of Attorney to perform actions related to legal persons on behalf of a natural person must be certified by the Notary, except for the cases provided by the law, when a different form of authorisation can be granted. The authorised representatives must have an identity document and the Power of Attorney confirmed in the procedure established by the law, which must be presented no later than the end of registration of shareholders of ordinary general shareholders meeting. The authorised representative shall have the same rights in the general shareholders meeting as the represented shareholder.
The shareholders entitled to participate in the ordinary general shareholders meeting shall have the right to authorise by electronic means of communication a natural or legal person to participate and vote on their behalf in the ordinary general shareholders meeting. Such Power of Attorney shall not be certified by the Notary. The Company shall recognize the Power of Attorney granted by electronic means of communication only if it is signed by the shareholder’s e-signature, created using secure signing software and having the qualification certificate valid in the Republic of Lithuania, i.e. if the security of transmitted information is ensured and the shareholder can be identified. The shareholder must notify the Company in writing about granting such Power of Attorney by electronic means of communication by sending it via e-mail at info@lelektrine.lt no later than the end of the business day (4.30 PM) of 28 April 2011.
The ordinary general shareholders meeting cannot be attended and the vote cannot be cast by electronic means of communication.
Andrius Zaveckas Jurist
tel: 8 528 33440
