We would like to notify that the alternative draft resolution has been received for the Ordinary General Meeting of Shareholders of Panevezio statybos trestas AB to be held on 29 April 2020 resulting in the updated (includes alternative draft resolution) general (advance voting) ballot paper. Both documents are attached to this notification letter.
Please find attached the alternative draft resolution (see below).
DRAFT ALTERNATIVE RESOLUTION OF ORDINARY GENERAL MEETING OF SHAREHOLDERS OF PANEVEZIO STATYBOS TRESTAS AB HELD ON 29 APRIL 2020
1. Appropriation of profit (loss) of the Company.
To approve the following appropriation of profit (loss) of Panevezio statybos trestas AB:
Unappropriated profit (loss) of the previous financial year at the end of the accounting financial year – 26,656,711 EUR;
Dividends paid – 0 EUR;
Net profit (loss) of the accounting financial year – 590,332 EUR;
Profit (loss) of the accounting financial year unrecognized in profit (loss) statement – 133,420 EUR;
Transfers from reserves – 745,069 EUR;
Contributions of shareholders to cover the loss of the Company (in case of the shareholders’ decision to cover all or a part of loss) – 0 EUR;
Total profit (loss) available for appropriation – 28,125,532 EUR;
a part of profit to the legal reserve – 0 EUR;
a part of profit to the reserve for the acquisition of own shares – 0 EUR;
a part of profit to other reserves – 0 EUR;
a part of profit for dividend paying – 490,500 EUR;
a part of profit for bonuses (tantiemes) for the members of the Board and Supervisory Board, premium pays for employees and other purposes – 118,065 EUR;
Unappropriated profit (loss) at the end of the accounting financial year transferred to the next financial year – 27,516,967 EUR.
To allocate dividends in the amount of 0.03 EUR for each ordinary share of Panevezio statybos trestas AB of the nominal value of 0.29 EUR.
Dalius Gesevicius
Managing Director
Phone: (+370 45) 505 503
