AB Grigeo: decisions of General Meeting held on 26/04/2018

The General Meeting of shareholders of AB Grigeo was held on 26/04/2018. The meeting heard the consolidated annual report of the Company for the year 2017 and the Auditor's report and made the following decisions: to approve the set of consolidated and separate financial statements of the...

Vilnius, 26/04/2018 (informazione.it - comunicati stampa - agricoltura)

The General Meeting of shareholders of AB Grigeo was held on 26/04/2018. The meeting heard the consolidated annual report of the Company for the year 2017 and the Auditor's report and made the following decisions:

* The Law on Companies of the Republic of Lithuania provides that dividends shall be paid to the shareholders who at the end of the tenth business day following the Annual General Meeting that adopts a decision on dividend payment (rights accounting day) will be on the Shareholders' List of the Company, i.e. will be shareholders of AB Grigeo on 11 May, 2018. Following the Law on Companies the Company should pay dividends within the one month following the day on which the decision on profit distribution was adopted, i.e. till 26 May, 2018. Following Lithuanian laws dividends paid to natural persons–residents of the Republic of Lithuania and natural persons–residents of foreign countries are subject to withholding Personal income tax of 15 per cent. Dividends paid to legal entities of the Republic of Lithuania and legal entities–residents of foreign countries are subject to withholding Corporate income tax of 15 per cent, unless otherwise provided for by the laws.

Gintautas Pangonis
President of AB Grigeo
(+370 5) 243 58 01