The Extraordinary General Shareholders Meeting of public limited liability company Rytų Skirstomieji Tinklai (reg. No 110870890, registered office located at P. Lukšio str. 5B, LT–08221, Vilnius, actual office and correspondence address Žvejų str. 14, LT-09310, Vilnius), held on 13 December 2010, adopted the following decisions:
1. The item of agenda "Reorganisation of public limited liability company Rytų Skirstomieji Tinklai and public limited liability company VST by merger, establishing LESTO AB":
1.1. Acting in accordance with Article 2.97(4) of the Civil Code of the Republic of Lithuania and the conditions of reorganisation of public limited liability company Rytų Skirstomieji Tinklai and public limited liability company VST, to reorganise public limited liability company Rytų Skirstomieji Tinklai and public limited liability company VST by merger, merging public limited liability company Rytų Skirstomieji Tinklai with public limited liability company VST, both of which will end their activities as legal entities upon the reorganisation, to establish LESTO AB which will start functioning after the reorganisation and will take over the assets, rights and obligations of public limited liability company Rytų Skirstomieji Tinklai and public limited liability company VST after the reorganisation, i.e. a new legal entity, LESTO AB, will be established on the basis of public limited liability company Rytų Skirstomieji Tinklai and public limited liability company VST which will stop functioning and will continue their activities.
1.2. To approve the conditions of reorganisation of public limited liability company Rytų Skirstomieji Tinklai and public limited liability company VST, based on which, after the reorganisation of public limited liability company Rytų Skirstomieji Tinklai and public limited liability company VST by merger, as stipulated in the reorganisation conditions, a new company, LESTO AB, having the same legal form will be established to continue the activities of public limited liability company Rytų Skirstomieji Tinklai and public limited liability company VST following the reorganisation and will take over the assets, rights and obligations of public limited liability company Rytų Skirstomieji Tinklai and public limited liability company VST after the reorganisation, as prescribed by the reorganisation conditions (attached).
1.3. To approve the Articles of Association of LESTO AB (attached) that will start functioning upon the reorganisation of public limited liability company Rytų Skirstomieji Tinklai and public limited liability company VST and authorise Mr. Arvydas Tarasevičius to sign the Articles of Association of LESTO AB.
1.4. To charge the General Managers of public limited liability company Rytų Skirstomieji Tinklai and public limited liability company VST and the head of LESTO AB upon the registration of LESTO AB (as applicable) (acting both together and separately), implementing the requirements laid down in legal acts, to submit the conditions of reorganisation of public limited liability company Rytų Skirstomieji Tinklai and public limited liability company VST and other required information and documents to the notary, the Register of Legal Entities, the Securities Commission and other entities; to perform all necessary actions to register LESTO AB in the Register of Legal Entities in accordance with the procedure established by legal acts; following to submit an application for listing LESTO AB shares on NASDAQ OMX Vilnius Stock Exchange; to perform all other necessary actions related to the implementation of this decision and the reorganisation of public limited liability company Rytų Skirstomieji Tinklai and public limited liability company VST, empowering the abovementioned representatives (acting both together and separately) to reauthorise other persons to perform the actions specified in this decision to the full extent.
Information about the decisions adopted in the Extraordinary General Shareholders Meeting of public limited liability company Rytų Skirstomieji Tinklai also can be found on the web page of the company http://www.rst.lt/.
Kristina Mažeikytė, tel. 251 4500