Resolutions of Extraordinary General Meeting of AB “Ignitis grupė” shareholders held on 29 July 2021

The Extraordinary General Meeting of shareholders of AB “Ignitis grupė” (hereinafter – the Company), legal entity code 301844044, registered office at Žvejų st. 14, Vilnius, held on 29 July, 2021, adopted the following resolutions:

1. Regarding the acquisition of AB “Ignitis grupė“ own shares. 

1.1.The purpose of the acquisition of own shares - reducing AB “Ignitis grupė” share capital by annulling AB “Ignitis grupė” own shares. 

1.2. The maximum number of shares to be acquired - 1,243,243 shares (i.e., equal to a reserve formed for the acquisition of own shares (EUR 23,000,000) divided by the minimum purchase price as per below), corresponding to approximately 1.7% of total number of shares. 

1.3. The period within which AB “Ignitis grupė” may acquire its own shares - 18 months after the date of adoption of this decision. 

1.4. Minimum share purchase price - EUR 18.50, maximum share purchase price - EUR 22.50. 

1.5. To authorize management board of AB “Ignitis grupė” to make decisions on the acquisition of AB “Ignitis grupė” own shares, including:   

1.5.1. organizing the acquisition of own shares through Nasdaq Vilnius tender auction platform (link)

1.5.2. determine the procedure, time, number of shares and price, as well as to perform other actions related to the acquisition of own shares, in accordance with the conditions set in this decision of general meeting of shareholders and requirements of legal acts; 

1.5.3. initiate and carry out the acquisition of own shares as many times as the management board deems necessary by a separate decision of the management board.


2. Regarding the approval of the new wording of the Articles of Association of AB “Ignitis grupė” and the power of attorney. 

2.1. To approve the new wording of the Articles of Association of AB “Ignitis grupė” (link)

2.2. To authorize the Chief Executive Officer of AB “Ignitis grupė” or another person authorized by him to sign the amended Articles of Association of AB “Ignitis grupė” and to perform all actions necessary for the implementation of this decision.

Information about the above-mentioned resolutions shall be provided on the website of the Company at https://ignitisgrupe.lt/en/gm from the date of this notice as well as on the premises of the Company (Žvejų st. 14, Vilnius) during working hours (7.30–11.30 a.m. and 12.15–4.30 p.m.; 7.30–11.30 a.m. and 12.15–3.15 p.m. on Fridays).

 

No.

Decisions of the agenda of the Extraordinary General Meeting of AB “Ignitis grupė” shareholders held on 29 July 2021  

Voting of shareholders 

For

Against 

1.1.

The purpose of the acquisition of own shares - reducing AB “Ignitis grupė” share capital by annuling AB “Ignitis grupė” own shares. 

60 612 347

150 

1.2. 

The maximum number of shares to be acquired - 1,243,243 shares (i.e., equal to a reserve formed for the acquisition of own shares (EUR 23,000,000) divided by the minimum purchase price as per below), corresponding to approximately 1.7% of total number of shares. 

60 612 347

150

1.3. 

The period within which AB “Ignitis grupė” may acquire its own shares - 18 months after the date of adoption of this decision. 

60 612 347

150 

1.4. 

Minimum share purchase price - EUR 18.50, maximum share purchase price - EUR 22.50. 

60 612 347

150

1.5. 

To authorize management board of AB “Ignitis grupė” to make decisions on the acquisition of AB “Ignitis grupė” own shares, including:   

1.5.1. organizing the acquisition of own shares through Nasdaq Vilnius tender auction platform (link); 

1.5.2. determine the procedure, time, number of shares and price, as well as to perform other actions related to the acquisition of own shares, in accordance with the conditions set in this decision of general meeting of shareholders and requirements of legal acts; 

1.5.3. initiate and carry out the acquisition of own shares as many times as the management board deems necessary by a separate decision of the management board.

60 612 347

150

2.1. 

To approve the new wording of the Articles of Association of AB “Ignitis grupė” (link). 

60 612 358

150

2.2.

To authorize the Chief Executive Officer of AB “Ignitis grupė” or another person authorized by him to sign the amended Articles of Association of AB “Ignitis grupė” and to perform all actions necessary for the implementation of this decision.

60 612 358 

150

Extraordinary General Meeting Minutes

For additional information, please contact: 

Communications
Artūras Ketlerius
+370 620 76076
arturas.ketlerius@ignitis.lt

Investor Relations
Ainė Riffel-Grinkevičienė
+370 643 14925
aine.riffel@ignitis.lt