Vilnius, Lithuania, 2011-11-17 17:00 CET (GLOBE NEWSWIRE) -- The Extraordinary General Shareholders Meeting of City Service AB, code 123905633, address Konstitucijos av. 7, Vilnius, is convened by initiative and the decision of the Board.
The Date of the Meeting – the 9th of December, 2011, Friday. Time – 9.00 a.m., place – Lvovo str. 25 (11 floor), Vilnius, Lithuania. Registration starts at 8.30 a.m.
The Board confirmed the following agenda for the Extraordinary General Meeting of Shareholders:
1. On approval of the audit company for the performance of the audit of the Company’s and the Company’s set of consolidated financial statements for the year 2011 and for the evaluation of the Company’s consolidated annual report.
2. Establishment of the payment conditions for the audit services.
Draft decisions of the Extraordinary General Meeting of Shareholders are attached.
The account date of the Extraordinary General Meeting of Shareholders – the 2nd of December, 2011. Shareholders that own City Service AB shares on the end of the working day of 2nd of December, 2011, shall have the right to participate in convened Extraordinary General Meeting.
Persons who participate in Extraordinary General Meeting of Shareholders must submit an identity document. A person who is not a shareholder, to this document, also must submit a document confirming the right to vote at an Extraordinary General Meeting of Shareholders. The authorized person at an Extraordinary General Meeting of Shareholders shall have the same rights as represented shareholder. Shareholder's right to attend the Extraordinary General Meeting of Shareholders also include the right to ask.
Please be informed that shareholders, who are entitled to participate at an Extraordinary General Meeting of Shareholders, own the right to authorize by electronic means natural or legal person to attend and vote on behalf of them at Extraordinary General Meeting of Shareholders. Power of attorney that is issued by the shareholder must be submitted by sending e-mail ignas.krasauskas@cityservice.lt not later than the 8th of December, 2011 (17 hrs. 00 min.).
Please be informed that on decisions which are included into Extraordinary General Meeting of Shareholders agenda can be voted in writing by completing the voting bulletin. If the person who had completed the voting bulletin is not a shareholder, the completed voting bulletin must be accompanied by a document confirming the right to vote. The duly completed voting bulletin should be sent by e-mail ignas.krasauskas@cityservice.lt or delivered directly to the Company's office at Smolensko st. 12, Vilnius (3rd floor) not later than the 8th of December, 2011 (17 hrs. 00 min). The Company reserves the right not to include in the shareholder vote, if the voting bulletin does not meet the third and fourth parts of the 30 Article of Law on Companies requirements or the voting bulletin is written in a way that it is impossible to establish shareholder‘s will on a separate issue.
On the implementation of the 1-3 points of the firt paragraph of the 261 Article of Law on Companies
The agenda of the Extraordinary General Meeting of Shareholders may be supplemented by initiative of shareholders who own shares no 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 ignas.krasauskas@cityservice.lt or delivered to the Company’s representative office at Smolensko st. 12, Vilnius (3rd floor) no later than the 25th of November, 2011. Please be informed that along with a proposal to supplement the agenda of the Extraordinary General Meeting of Shareholders must be submitted the drafts of proposed decisions, or if the decisions shall not be adopted, explanations on each of the proposed issue.
Please be informed that shareholders who own shares no 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 ignas.krasauskas@cityservice.lt propose new draft decisions related to the questions included into agenda, also propose an audit company.
Shareholders own the right to ask the questions concerning the agenda of the Extraordinary General Meeting of Shareholders. Questions may be submitted by e-mail ignas.krasauskas@cityservice.lt or delivered directly to the Company’s office at Smolensko st. 12, Vilnius (3rd floor) not later than 5th of December, 2011.
Please be informed that the Company may refuse to answer to shareholder’s questions if they are concerned to the commercial (industrial) secrets or other confidential information. If it is possible to set the shareholder's identity, the Company shall inform the shareholder on the refusal to provide asked information.
Vilius Mackonis,
Public relations spokesperson
+ 370 5 239 4900
