Published: 2015-04-24 14:46:29 CEST
LITGRID
Notification on material event

Decisions adopted at the Ordinary General Shareholders Meeting of LITGRID AB, 24 April 2015

Vilnius, Lithuania, 2015-04-24 14:46 CEST -- On April 24, 2015, during the ordinary general shareholders meeting of LITGRID AB (legal entity code 302564383, legal status – public company, registered address: A. Juozapavičiaus g. 13, Vilnius city, Vilnius City Municipality, the Republic of Lithuania, data about the company are accumulated and stored at the Vilnius branch of the State Enterprise Centre of Registers, Division of Legal Entities) the following decisions were made:

1. Approval of the consolidated annual report of 2014.

DECISION:

To approve the Consolidated Annual Report on activities of LITGRID AB and the Group of Companies in 2014.

2. Presentation of an independent auditor’s findings.

The issue does not require decisions.

3. Approval of the set of Consolidated and Corporate Financial Reports 2014.

DECISION:

To approve the set of Consolidated and Corporate Financial Reports of LITGRID AB 2014.

4. Distribution of the Company’s profit (loss) for 2014.

DECISION:

To approve the distribution of the Company’s profit (loss) proposed by the Board of LITGRID AB 2014.

5. Audit company selection and setting terms of payment for the LITGRID AB audit services for 2015.

DECISION:

Select the audit company PriceWaterhouseCoopers UAB for auditing financial reports of LITGRID AB 2015 and set the maximum remuneration EUR 19,210.00 (nineteen thousand two hundred and ten), VAT exclusive, for auditing services mentioned payable in 30 (thirty) days after the date of VAT invoice.

6. Election of new member of the Supervisory Board

DECISION:

To elect Rolandas Zukas as the member of the LITGRID AB Supervisory Board for the remaining term of the Board’s office (i.e., until the LITGRID AB ordinary general shareholders meeting held in 2017).

Rolandas Zukas is the CEO of EPSO-G. EPSO-G owns 97.5 % of LITGRID AB shares. Rolandas Zukas holds higher education degrees in transport engineering and management and has previously worked as the Director of the LNG terminal at Klaipedos nafta AB, as well as CEO and Member of the Board at Energijos tiekimas UAB.

Information on aforementioned decisions is also available on the website of LITGRID AB http://www.litgrid.eu as well as in the headquarters of LITGRID AB (A. Juozapavičiaus g. 13, Vilnius) during business hours (7.30-11.30 and 12.15-16.30, on Fridays 7.30-11.30 and 12.15-15.15).

Attachments:

  1. Consolidated Annual Report and Financial Statements 2014
  2. Distribution of Corporate Profit (Loss) 2014

 

         Vilija Railaitė
         Litgrid Head of Communications
         Tel. +370 613 19977
         E-mail: vilija.railaite@litgrid.eu


Litgrid annual report 2014.pdf
LITGRID Profit loss distribution 2014.pdf