Meeting of 30 April 2015

Resolutions of the general shareholders meeting of INVL Baltic Real Estate that was held on 30 April 2015:
1. Presentation of the public joint-stock company INVL Baltic Real Estate consolidated annual report.
Shareholders of the public joint-stock company INVL Baltic Real Estate are presented with the consolidated annual report of INVL Baltic Real Estate (There is no voting on this issue of agenda).
2. Presentation of the independent auditor's report on the financial statements of the public joint-stock company INVL Baltic Real Estate.
Shareholders of the public joint-stock company INVL Baltic Real Estate are presented with the independent auditor's report on the financial statements of INVL Baltic Real Estate (There is no voting on this issue of agenda).
3. On the approval of the consolidated and stand-alone financial statements for 2014 of the public joint-stock company INVL Baltic Real Estate.
To approve the consolidated and companies financial statements for 2014 of the public joint-stock company INVL Baltic Real Estate.
4. Regarding the distribution of the public joint-stock company INVL Baltic Real Estate profit.
To distribute the profit of the public joint-stock company INVL Baltic Real Estate  as follows:
Article (thousand LTL) (thousand EUR)
Retained earnings (loss) at the begining of the financial year of the reporting period 7,643 2,213
Net profit (loss) for the financial year 1,370 397
Profit (loss) not recognized in the income statement of the reporting financial year - -
Shareholders contributions to cover loss - -
Distributable profit (loss) at the end of the financial year of the reporting period 9,013 2,610
Transfers from reserves - -
Distributable profit (loss) in total 9,013 2,610
Profit distribution: - -
- Profit transfers to the legal reserves - -
-Profit transfers to the reserves for own shares acquisition - -
- Profit transfers to other reserves - -
- Profit to be paid as dividends - -
- Profit to be paid as annual payments (bonus) and for other purposes - -
Retained earnings (loss) at the end of the financial year 9,013 2,610
5. Regarding the change of the public joint-stock company INVL Baltic Real Estate share capital and par value of its shares.
According to Republic of Lithuania Law on Euro Adoption, Republic of Lithuania Law on Redenomination to the Euro of the Capital and of the Nominal Value of Securities of Public Limited Liability Companies and Private Limited Liability Companies and Amendment of the Articles of Association of These Companies and Republic of Lithuania Law on Limited Liability Companies the par value of one INVL Baltic Real Estate share will be changed from LTL 1 to EUR 0,29 cents and the change the share capital accordingly from LTL 7,044,365 to EUR 2,042,865.85.
6. Regarding approval of the New Wording of the public joint-stock company INVL Baltic Real Estate Articles of Association.
According to the resolution of the General Shareholder’s Meeting, decided in the 5th item of the agenda and according to the 2000 July 13th Republic of Lithuania Law on Limited Liability Companies No. VIII-1835 current version and Republic of Lithuania Law on Redenomination to the Euro of the Capital and of the Nominal Value of Securities of Public Limited Liability Companies and Private Limited Liability Companies and Amendment of the Articles of Association of These Companies and Republic of Lithuania Law, to approve the new Wording of INVL Baltic Real Estate Articles of Association (attached) by changing all the text.
To authorize Andrius Dauksas, a manager of the public joint-stock company INVL Baltic Real Estate, to sign new wording of the Articles of Association of the public joint-stock company INVL Baltic Real Estate.
7. Regarding the preparation of the reorganization terms of the public joint-stock company INVL Baltic Real Estate
To approve the preparation of the reorganization terms of the public joint-stock company INVL Baltic Real Estate, on the basis to these terms the public joint-stock company INVL Baltic Real Estate is merged with the public joint-stock company Invaldos Nekilnojamojo Turto Fondas.
To authorize the Management Board of INVL Baltic Real Estate to prepare and announce according to the laws the reorganization terms.

 

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