General shareholders' meeting Print

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Notice about the Ordinary General Meeting of Shareholders

 
 

By the initiative and decision of the Vilkyskiu pienine AB (company code 277160980) Board, the Ordinary General Meeting of Shareholders of Vilkyskiu pienine AB is convened at the office of Vilkyskiu pienine AB (P.Lukošaičio g. 14, Vilkyškiai, LT-99254 Pagėgių sav.) on 27 April 2018 at 13 p.m. Shareholders' registration starts from 12 p.m. until 12.50 p.m.

The Agenda for the Ordinary General Meeting of Shareholders:

1) Approval of the Company's consolidated annual report for the year 2017.

2) The Company's auditor's report of separated and consolidated financial statements of the Company for the year 2017

3) Approval of Company's separate and consolidated financial statements for the year 2017.

4) Net Profit appropriation of the year 2017.

5) Due to the unused reserve for the purchase of own shares.

6) Election of the Company’s Board members for the 4 year term.

 

The Company shall not provide the possibility for shareholders to participate, vote and give the mandate to represent them in the General Meeting of Shareholders through electronic communication channels.

The account date of the Ordinary General Meeting of Shareholders is 20 April 2018. In General Meeting of the shareholders have the rights to participate and vote persons who were company's shareholders at the end of accounting date of shareholders meeting personally or their authorized persons, or persons with whom voting rights transferring contract is signed.

The rights accounting day is 14 May 2018. Property rights are possessed by persons who are shareholders at the end of the 10th working day after the shareholders' meeting that issued appropriate decision.

The agenda of the Ordinary General Meeting of Shareholders may be supplemented by initiative of shareholders who own shares carrying not less than 1/20 of all the votes. Proposals to the agenda of the Ordinary General Meeting of Shareholders may be submitted not later than on the 13 April 2018. Along with a proposal to supplement the agenda of the Ordinary General Meeting of Shareholders it is required to submit the drafts of proposed decisions or, if decisions shall not be adopted, explanations on each of the proposed issues.

Shareholders who own shares carrying not 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 sending them by a registered mail at the above-specified head-office address of the Company or by e-mail info@vilkyskiu.lt to propose new draft decisions on the issues already included or to be included into agenda.

The shareholders shall have the right to present questions related to the 27 April 2018 Ordinary General Meeting of Shareholders agenda issues to the Company in writing  by e-mail info@vilkyskiu.lt or at the head-office address P. Lukošaičio g. 14, Vilkyškiai, LT-99254 Pagėgių sav. The Company undertakes to respond if the questions are received not later 3 working days before the General Meeting of Shareholders.

On decisions, which are included into Ordinary General Meeting of Shareholders agenda, can be voted in writing by completing the general ballot paper. On shareholder's request, the Company shall, not later than 10 days before the meeting, send the general ballot paper by registered mail free of charge or by hand against receipt. The filled in general ballot paper must be signed by shareholders' or a person authorized by him. The vote of the shareholders' authorized person voting particulars must be added the right to vote in a document.

Shareholders who participate in General Meeting must submit an identity document, the authorized person – an identity document and the letter of attorney in accordance with the procedure laid down by the law. A person who is not a shareholder, besides this document, must also submit a document confirming the right to vote at General Meeting of Shareholders.

Starting from the 17 April 2018, shareholders can get acquainted with the company‘s documents related to the agenda of shareholders meeting at the company's office located P.Lukošaičio g. 14, Vilkyškiai, LT-99254 Pagėgių sav., or on the webpage of the company (http://www.vilkyskiu.lt).

 

Additional information authorized to provide Economics and Finance director Vilija Milaseviciute, phone +370 441 55102

Draft Order Print

Draft resolutions of Ordinary General Meeting of the Shareholders, to be held on 27th of April, 2018

Power of attorney Print

Power of attorney to represent at the ordinary general meeting of shareholders of Vilkyskiu pienine AB, to be held on 27th of April, 2018

Voting bulletin Print

Voting bulletin of the ordinary general meeting of shareholders, to be held on 27th of April, 2018

 Print

DECISIONS Print

Decisions of the ordinary general meeting of shareholders, to be held on 27th of April, 2018

CONSOLIDATED AND SEPARATED FINANCIAL STATEMENTS FOR THE YEAR 2017
Consolidated and separated financial statements for the year 2017
CONSOLIDATED FINANCIAL
STATEMENTS FOR THE YEAR 2016
Consolidated financial statements for the year 2016

For investors Print

AB Vilkyškių Pieninė is one of the most modern dairy producers in Lithuania. It is the only specialised plant of cheese in the country that produces over 30 different types of cheese according to original recipes, with as many as 10 of them being gourmet. AB Vilkyškių Pieninė, which was founded in 1993, currently holds an 18-percent share of the cheese market and 12-percent share of the fresh dairy products market in Lithuania.

The company went through a few significant stages of expansion and modernization that led to a success both on the domestic market and outside it:

  • Continued investment in technologies;
  • Particular attention to innovations;
  • Specific focus on human resources;
  • Stringent standards on quality control.

The company stands out from the rest of the market players by its effective organization of production, flexible management, high-quality products and great competence of the staff. Another major advantage is its reliable suppliers, long-term marketing partnership and attractive pricing policy.

The group of Vilkyškių Pieninė unites four companies – AB Vilkyškių Pieninė, AB Modest, AB Kelmės Pieninė and AB Pieno logistika.

AB Vilkyškių Pieninė produces cheese following the traditional Lithuanian and worldwide recipes, as well as their own original ones. AB Modest produces blue cheese Memel Blue, mozzarella and other cheese products. AB Kelmės Pieninė specializes in various fresh dairy products: milk, kefir, butter, curd, sour cream, curd spreads, yogurts, glazed sweet curd snacks, mascarpone.

A large part of the company’s output is exported to such foreign countries as Latvia and Estonia, Scandinavia, Germany, Israel, CIS countries, Croatia, the Czech Republic, Poland and others. Exports account for 65 percent of the company’s sales.

Great attention is paid to strengthening the company’s position on Lithuanian and foreign markets, increasing the range of products. The market is continually provided with high-quality exclusive products – both cheese and fresh dairy products.