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Yahoo
28-05-2025
- Business
- Yahoo
Regarding Draft Resolutions for the General Meeting of Shareholders Convened on 30 June 2025
AB PST Group (hereinafter, the 'Company'), taking into consideration that: (i) at the extraordinary general meeting of shareholders of the Company, to be held at 10:00 a.m. on 30 June 2025, being convened at the initiative and decision of the Board of the Company, it is intended to consider the issue to delist all the outstanding shares of the Company from trading on the regulated market AB Nasdaq Vilnius (hereinafter, the 'Meeting'); (ii) in its notification about the intention to delist the shares of the Company from trading on the regulated market AB Nasdaq Vilnius the Board of the Company, among other things, recommended to its shareholders, who intend to vote 'for' the decision do delist the shares of the Company from trading on the regulated market AB Nasdaq Vilnius, to provide their draft resolutions on the items of the agenda of the Meeting not later than on 5 June 2025; (iii) until this notification the letter of one shareholder (AB 'HISK') was received regarding provision of draft decisions to the Meeting being convened, hereby announces the following draft decisions for the Meeting, proposed by the shareholder of the Company AB 'HISK': 1. Delisting of shares of the Company from trading on the regulated market AB Nasdaq Vilnius. Draft resolution: 1.1. To initiate delisting of all the outstanding shares of the Company and to delist them from trading on the regulated market AB Nasdaq Vilnius. 1.2. Although Article 33(7) of the Law of the Republic of Lithuania on Securities foresees that the shareholders, who voted 'for' the decision to delist the shares of the company from trading on the regulated market are obliged to submit the tender offer aimed at delisting the shares of the company from trading on the regulated market, however, aiming to provide the shareholders with a possibility to vote 'for' this decision without gaining the obligation to submit the tender offer and still maintaining the right to participate in the tender offer and also further maintaining the right to sell the shares held in the Company during the tender offer, to establish that: - only the shareholder of the Company AB 'HISK', having voted 'for' the decision to delist the shares of the Company from trading on the regulated market AB Nasdaq Vilnius, will under the procedure set by legal acts submit the circular of the tender offer aimed at delisting the shares of the Company from trading on AB Nasdaq Vilnius to the Bank of Lithuania for approval and will implement the indicated tender offer for the price, established following the principles, indicated in item 1.3 hereof; - during the effective term of this tender offer, the right, but not the obligation, to sell the shares will be vested in all the shareholders of the Company, except for AB 'HISK'; - the decisions of this general meeting of shareholders of the Company regarding delisting of shares of the Company from trading on the regulated market AB Nasdaq Vilnius and regarding submission and implementation of the related tender offer is valid only if the price of the tender offer is not higher than established by the decision 1.3 of this meeting. 1.3. The price of the tender offer aimed at delisting the shares of the Company from trading on AB Nasdaq Vilnius will be set in accordance with item 1 of paragraph 1 of Article 29 of the Law of the Republic of Lithuania on Securities, which is EUR 0.553, adding 33% premium to the fair price, established under these principles, i. e., to set that the tender offer price shall be EUR 0.735. 2. Authorizing the manager of the Company. Draft resolution: To authorise and oblige the Manager of the Company (General Manager) with the right to delegate, after the relevant Company's shareholders shall implement the tender offer aimed at delisting the shares of the Company from trading on AB Nasdaq Vilnius, to carry out necessary actions and to submit necessary documents to AB Nasdaq Vilnius on delisting of the shares of the Company from trading on this regulated market. ATTACHED: - Letter of the shareholder AB 'HISK' regarding provision of draft decisions of the meeting.- General voting ballot. For more information:Tomas StukasManaging Director of AB PST GroupTel.: +370 618 21360 Attachments AB 'HISK' raštas dėl sprendimų projektų pateikimo susirinkimui Balsavimo rastu biuletenis 2025-06-30_ENError in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
28-05-2025
- Business
- Yahoo
Regarding Draft Resolutions for the General Meeting of Shareholders Convened on 30 June 2025
AB PST Group (hereinafter, the 'Company'), taking into consideration that: (i) at the extraordinary general meeting of shareholders of the Company, to be held at 10:00 a.m. on 30 June 2025, being convened at the initiative and decision of the Board of the Company, it is intended to consider the issue to delist all the outstanding shares of the Company from trading on the regulated market AB Nasdaq Vilnius (hereinafter, the 'Meeting'); (ii) in its notification about the intention to delist the shares of the Company from trading on the regulated market AB Nasdaq Vilnius the Board of the Company, among other things, recommended to its shareholders, who intend to vote 'for' the decision do delist the shares of the Company from trading on the regulated market AB Nasdaq Vilnius, to provide their draft resolutions on the items of the agenda of the Meeting not later than on 5 June 2025; (iii) until this notification the letter of one shareholder (AB 'HISK') was received regarding provision of draft decisions to the Meeting being convened, hereby announces the following draft decisions for the Meeting, proposed by the shareholder of the Company AB 'HISK': 1. Delisting of shares of the Company from trading on the regulated market AB Nasdaq Vilnius. Draft resolution: 1.1. To initiate delisting of all the outstanding shares of the Company and to delist them from trading on the regulated market AB Nasdaq Vilnius. 1.2. Although Article 33(7) of the Law of the Republic of Lithuania on Securities foresees that the shareholders, who voted 'for' the decision to delist the shares of the company from trading on the regulated market are obliged to submit the tender offer aimed at delisting the shares of the company from trading on the regulated market, however, aiming to provide the shareholders with a possibility to vote 'for' this decision without gaining the obligation to submit the tender offer and still maintaining the right to participate in the tender offer and also further maintaining the right to sell the shares held in the Company during the tender offer, to establish that: - only the shareholder of the Company AB 'HISK', having voted 'for' the decision to delist the shares of the Company from trading on the regulated market AB Nasdaq Vilnius, will under the procedure set by legal acts submit the circular of the tender offer aimed at delisting the shares of the Company from trading on AB Nasdaq Vilnius to the Bank of Lithuania for approval and will implement the indicated tender offer for the price, established following the principles, indicated in item 1.3 hereof; - during the effective term of this tender offer, the right, but not the obligation, to sell the shares will be vested in all the shareholders of the Company, except for AB 'HISK'; - the decisions of this general meeting of shareholders of the Company regarding delisting of shares of the Company from trading on the regulated market AB Nasdaq Vilnius and regarding submission and implementation of the related tender offer is valid only if the price of the tender offer is not higher than established by the decision 1.3 of this meeting. 1.3. The price of the tender offer aimed at delisting the shares of the Company from trading on AB Nasdaq Vilnius will be set in accordance with item 1 of paragraph 1 of Article 29 of the Law of the Republic of Lithuania on Securities, which is EUR 0.553, adding 33% premium to the fair price, established under these principles, i. e., to set that the tender offer price shall be EUR 0.735. 2. Authorizing the manager of the Company. Draft resolution: To authorise and oblige the Manager of the Company (General Manager) with the right to delegate, after the relevant Company's shareholders shall implement the tender offer aimed at delisting the shares of the Company from trading on AB Nasdaq Vilnius, to carry out necessary actions and to submit necessary documents to AB Nasdaq Vilnius on delisting of the shares of the Company from trading on this regulated market. ATTACHED: - Letter of the shareholder AB 'HISK' regarding provision of draft decisions of the meeting.- General voting ballot. For more information:Tomas StukasManaging Director of AB PST GroupTel.: +370 618 21360 Attachments AB 'HISK' raštas dėl sprendimų projektų pateikimo susirinkimui Balsavimo rastu biuletenis 2025-06-30_ENSign in to access your portfolio
Yahoo
19-02-2025
- Climate
- Yahoo
Wisconsin State Patrol: 'Take turns and use the zipper merge!'
(WFRV) – Troopers with the Wisconsin State Patrol are urging drivers to be 'Midwest Nice' and to 'take turns and use the zipper merge!' According to a post on social media, merging is the topic of the Wisconsin State Patrol's Law of the Month. Troopers say that when traffic patterns change and construction or emergencies force lane closures, drivers should be using the zipper merge technique as a way to reduce traffic congestion. Data shows bone-chilling negative temperatures across northeast Wisconsin; How cold was it in your area: They add that the trick to the zipper merge is to use all lanes up until the merge point and to take alternating turns with other drivers to merge into the single lane of traffic. For more information on zipper merging and other ways to safely merge while out on the Wisconsin roadways, click here. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Daily Tribune
31-01-2025
- Politics
- Daily Tribune
HH shaikh Khalid issues a resolution on appointment of Board of Directors of Bahrain Cricket Association
His Highness Shaikh Khalid bin Hamad Al Khalifa, First Deputy Chairman of the Supreme Council for Youth and Sports, Chairman of the General Sports Authority and President of the Bahrain Olympic Committee, issued Resolution No. 6 of 2025 appointing the Board of Directors of the Bahrain Cricket Association. The text of the decision stated that after reviewing the Law of Associations, Social and Cultural Clubs, Private Bodies Working in the Field of Youth and Sports and Private Institutions promulgated by Legislative Decree No. (21) of 1989 and its amendments, and the Unified Statute of Sports Federations promulgated by Resolution No. (15) of 2014 and its amendments, and Resolution No. (56) of 2020 regarding the re-registration of the Bahrain Cricket Association at the Ministry of Youth and Sports Affairs. It has been decided to appoint the Board of Directors of the Bahrain Cricket Association in its new session (2024-2028) to be chaired by Sami Mohammed Ali Mukhtar Ahmed Barakat Ali, and the membership of Mohammed Sameer Mo-hammed Babur Hajibullah Butt, Minaz Ahmed Al-Abba Ahmed Bonaya, Kishore Sonderdas Hridas Keolram, Alison Ann Earl Warner Lily White, in addition to Samir Mushtaq Ali Sayed Amir Ali.
