OREANDA-NEWS. April 10, 2015. The Ordinary General Shareholders Meeting of City Service AB, code 123905633, address Konstitucijos av. 7, Vilnius, (hereinafter – the Company), is convened by initiative and the decision of the Board.

The Date of the Meeting – 30 April, 2015, Thursday. Time – 9.00 a.m., place – Konstitucijos av. 7 (business center “Europe”, 31 floor), Vilnius, Lithuania. Registration starts at 8.30 a.m.

The Board confirmed the following agenda for the Ordinary General Meeting of Shareholders:

  1. On presentation of the consolidated annual report of the Company for 2014 to the shareholders.
  2. On presentation of the auditor's report of the Company to the shareholders.
  3. On approval of the set of consolidated annual financial statements of the Company for 2014.
  4. On distribution of profit (loss) of the Company of 2014.
  5. Regarding election of the audit company for auditing the Company’s set of annual financial statements and of the Company’s consolidated set of financial statements for 2015 and for evaluation of the consolidated annual report of the Company.
  6. Regarding establishment of the conditions of payment for the audit services.
  7. Initiation of formation of the European company (SE).
  8. Initiation of admission of shares of the Company to trading on the regulated market the Warsaw Stock Exchange.
  9. Initiation of delisting of shares of the Company from trading on the regulated market AB NASDAQ OMX Vilnius.
  10. Authorisations.
  11. Approval of the new wording of the Articles of Association of the Company.

Draft decisions of the Ordinary General Meeting of Shareholders are attached.

The account date of the Ordinary General Meeting of Shareholders – 23 April, 2015. Shareholders that own City Service AB shares on the end of the working day of 23 April, 2015, shall have the right to participate in convened Ordinary General Meeting. The rights accounting date of the Ordinary General Meeting of Shareholders – 15 May, 2015.

Persons who participate in 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 Ordinary General Meeting of Shareholders. The authorized person at an Ordinary General Meeting of Shareholders shall have the same rights as represented shareholder, unless the authorized person's rights are limited by the power of attorney or by the Law.  A power of attorney issued in a foreign state must be translated into Lithuanian and legalized in the manner established by the Law.

Please be informed that shareholders, who are entitled to participate at an Ordinary General Meeting of Shareholders, own the right to authorize by electronic means phisical or legal person to attend and vote on behalf of them at Ordinary General Meeting of Shareholders. Power of attorney that is issued by the shareholder must be submitted by sending e-mail info@cityservice.lt not later than 29 April, 2015 (17 hrs. 00 min.). 

Please be informed that on decisions which are included into Ordinary General Meeting of Shareholders agenda can be voted in writing by completing the general ballot paper. 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 info@cityservice.lt or delivered directly to the Company's office at Lvovo st. 25, Vilnius (business center “Small Sail“, 11 floor) not later than 29 April, 2015 (17 hrs. 00 min). The Company reserves the right not to include in the shareholder vote, if the general ballot paper does not meet the third and fourth parts of the 30 Article of Law on Companies requirements or the general ballot paper is written in a way that it is impossible to establish shareholder‘s will on a separate issue.

On the implementation of the clause 1-3 of the firt paragraph of the 261 Article of Law on Companies

The agenda of the Ordinary 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 Ordinary General Meeting of Shareholders may be submitted by e-mail info@cityservice.lt or delivered to the Company’s representative office at Lvovo st. 25, Vilnius (business center “Small Sail“, 11 floor) no later than 16 April, 2015. Please be informed that along with a proposal to supplement the agenda of the Ordinary General Meeting of Shareholders the drafts of proposed decisions must be submitted, 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 Ordinary General Meeting of Shareholders or during the meeting in writing or by e-mail info@cityservice.lt propose new draft decisions related to the questions included into agenda.

Shareholders own the right to ask the questions concerning the agenda of the Ordinary General Meeting of Shareholders. Questions may be submitted by e-mail info@cityservice.lt or delivered directly to the Company’s office at Lvovo str. 25, Vilnius (business center “Small Sail”, 11 floor) not later than 27 April, 2015.

Please be informed that the Company may refuse to answer to shareholder’s questions if they are related 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.

The total number of the Company’s shares and the number of shares granting voting rights during the General Meeting of Shareholders is the same and amounts to 31,610,000. ISIN code of the Company’s shares is LT0000127375.

Additional information is provided by tel.: +370 5 239 4900 and on the web site www.cityservice.eu