The draft resolutions for the Extraordinary General Meeting of Apranga APB
The draft resolutions for the Extraordinary General Meeting of Apranga APB
which will be held on 2 December 2005:
1. Increase of the authorized capital from the company's funds.
Draft resolution:
To increase the authorized capital from the company's funds by LTL 26 468 970
(EUR 7 665 944) (that is, by LTL 26 027 820 (EUR 7 538 178) from accumulated
profit and by LTL 441 150 (EUR 127 766) from share premium) from LTL 8 822 990
(EUR 2 555 315) to LTL 35 291 960 (EUR 10 221 258) by issuing additional
26 468 970 shares with the nominal value of LTL 1 (EUR 0.28962) per share
and passing them to the shareholders for free in the proportions of the nominal
value of the shares owned on the date of the General Meeting which adopts
the resolution to increase the authorized capital.
2. Approval of amendments to the Articles of Association.
Draft resolution:
2.1. To amend the clauses 3.2. and 3.3. of the Articles of Association with
a new wording due to increase of the authorized capital from the company's
funds from LTL 8 822 990 (EUR 2 555 315) to LTL 35 291 960 (EUR 10 221 258):
Effectual wording:
"3.2. The authorized capital of the company is LTL 8 822 990 (eight million
eight hundred twenty two thousand nine hundred ninety).
3.3. The authorized capital of the company is divided to 8 822 990 (eight
million eight hundred twenty two thousand nine hundred ninety) common
registered shares with the nominal value of LTL 1 per share."
New wording:
"3.2. The authorized capital of the company is LTL 35 291 960 (thirty five
million two hundred ninety one thousand nine hundred sixty).
3.3. The authorized capital of the company is divided to 35 291 960 (thirty
five million two hundred ninety one thousand nine hundred sixty) common
registered shares with the nominal value of LTL 1 per share".
2.2. To authorize the company manager Rimantas Perveneckas to sign the amended
Articles of Association of Apranga APB and other documents with amendments
made, to register the amended Articles of Association with the official
authorities and to perform other related activities.
Rimantas Perveneckas
General Manager
(8-5) 2390 801
