Published: 2015-12-14 15:01:00 CET
Vilniaus Baldai
Notification on material event

Resolutions of the Annual General Shareholders Meeting of Vilniaus baldai AB on 14/12/2015

Vilnius, Lithuania, 2015-12-14 15:01 CET (GLOBE NEWSWIRE) --  

On the 14th of December 2015 the Annual General Shareholders Meeting of Vilniaus baldai AB adopted the following resolutions:

Agenda item #1: Consolidated annual report.
The Company‘s consolidated annual report for the 8-month period ended as at 31 August 2015.

Agenda item #2: Company's auditor's report.
The report of auditor KPMG Baltics UAB for the 8-month period ended as at 31 August 2015 was presented.

Agenda item #3: Approval of the Company's financial statements for the 8-month period ended as at 31 August 2015.
Resolution: to approve Company's financial statements for the 8-month period ended as at 31 August 2015.

Agenda item #4: Approval of the Company‘s consolidated financial statements for the 8-month period ended as at 31 August 2015.
Resolution: to approve Company‘s consolidated financial statements for the 8-month period ended as at 31 August 2015.

Agenda item #5: Approval of the Company‘s profit distribution.
Resolution: to approve Company‘s profit distribution.

Undistributed retained earnings, brought forward 4 766 912 EUR
Net result for the current year 2 156 226 EUR
Profit (loss) not recognized in the income statement of the reporting financial year (12 516 EUR)
Distributable result 6  910 622 EUR
Transfers to the obligatory reserves 591 EUR
Transfers to other reserves -
To be paid as dividends*    3 886 267 EUR
To be paid as annual payments (bonus) to the board  -
Undistributed retained earnings, carried forward                3 023 764 EUR

* 1.00 EUR dividends per one ordinary share.

         Additional information:
         Head of Finance
         Jonas Krutinis
         Phone No.: +370 (5) 252 57 00