Management Board of the Joint Stock Company Olainfarm (registration number. 40003007246, registered address: Rupnicu iela 5, Olaine, LV-2114) announces that the Annual General Meeting of JSC Olainfarm Shareholders will be convened on April 27, 2012 at 11:00 at the premises of JSC Olainfarm in Olaine, Rupnicu iela 5.
1. Report of the Management Board about the results of operations in 2011.
2. Report of the Council about the results of operations in 2011.
3. Report of the Auditing Committee.
4. Approval of the audited Annual Report of 2011.
5. Approval of the audited consolidated Annual Report of 2011.
6. Distribution of profit of 2011.
7. Report of the Management Board about the budget and operational plan for 2012.
8. Elections of the sworn auditor for 2012 and setting of the remuneration for the sworn auditor.
9. Elections of the Auditing Committee and setting of the remuneration of the Auditing Committee.
10. Election of the Council.
11. Other issues.
Registration of the shareholders will take place on the day of the meeting, i.e. April 27, 2012 from 10:00 until 10:45 on the venue.
Total number of shares and the total number of the voting shares of JSC Olainfarm is 14 085 078.
Date of the record for participation of the shareholders in the Annual General Meeting of shareholders of JSC Olainfarm is April 19th, 2012. Only those who are the shareholders at the date of record have the right to participate in the Annual General Meeting of shareholders on April 27, 2012, with the number of shares held by them at the date of record.
Shareholders may participate in the Annual General Meeting of shareholders either in person or represented through a proxy:
– When registering the shareholders must present either the passport or other identification document;
– When registering the representatives of the shareholders must present the passport of other identification document, submit a written power of attorney by the represented shareholder (the form of the power of attorney is available at JSC Olainfarm web-site http://www.olainfarm.lv, web-site of the system of Central Storage of Regulated Information http://www.oricgs.lv; and web-site of JSC NASDAQ OMX Riga http://www.nasdaqomxbaltic.com) or the legal representative has to present a document confirming the authority.
Shareholders have the following rights:
– shareholders that represent at least 1/20 of the capital of the company have the right to within 7 days after the announcement is published to request the Management Board of JSC Olainfarm to include additional items in the agenda. Shareholders that request inclusion of additional items in the agenda of the Annual General Meeting of shareholders must submit to the Management Board of JSC Olainfarm draft decisions about the issues to be included in the agenda upon their request or explanations about the item, if no decision is planned;
– within 7 days after the publishing of this announcement, submit draft decisions about the items of agenda. Should all submitted draft decisions be reviewed and declined, shareholders may submit their proposed draft decisions during the Annual General Meeting of Shareholders itself;
– should the shareholder submit an inquiry at least 7 days before the Annual General Meeting of shareholders, the Management Board shall at least 3 days before the Annual General Meeting of shareholders provide the requested information about the items included in the agenda. It is a duty of the Management Board to upon the request of the shareholder provide information about the economic situation of the company to the extent necessary for objective decision-making of the particular item on the agenda.
Shareholders may see the draft resolutions of the Annual general Meeting of Shareholders from April 13, 2012 until April 26, 2012 on working days from 09:00 until 16:00 in Olaine, Rupnicu iela 5, in the Legal division of JSC Olainfarm, if scheduled in advance through telephone + 371 6 7013 870 or on the web page of JSC Olainfarm http://www.olainfarm.lv, but on the day of the Annual General Meeting – at the registration desk.
Information about the Annual General Meeting and rights of the shareholders is also available at web page of JSC Olainfarm http://www.olainfarm.lv, the system of Central Storage of Regulated Information http://www.oricgs.lv and the web page of JSC NASDAQ OMX Riga http://www.nasdaqomxbaltic.com.
Information prepared by:
Member of the Board
Tel: +371 6 7013 717
Cell: +371 2 6448 873