Latvijas kugnieciba
Draft resolutions of annual shareholders’ meeting of joint stock company “Latvijas kuģniecība” to be held on April 27, 2015

DGAP-News: Latvijas kugnieciba

2015-04-13 / 07:31

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Riga, 2015-04-13 07:31 CEST (GLOBE NEWSWIRE) -- 1.    Approval of annual reports for 2014 

1)    To take notice of the report of the Supervisory Council
of joint stock company 'Latvijas kuģniecība', report of the Audit Committee and
the Corporate Governance Report for 2014. 

2)    To approve the annual
report of joint stock company 'Latvijas kuģniecība' for 2014 (in appendix No.
___). 

3)    To approve the
consolidated annual report of joint stock company 'Latvijas kuģniecība' for
2014 (in appendix No. ___). 

2.    Use of profit of 2014. 

To use the 2014 profit of joint stock company 'Latvijas
kuģniecība' (parent company) in the amount of 1 611 473 EUR (one million six hundred
eleven thousand four hundred seventy three euro) to cover losses of previous
years. 

3.    Election of auditor for audit of annual reports for
2015 

1)    To elect auditing firm 'PricewaterhouseCoopers' Ltd
(commercial enterprise license No. 5) as the auditor of joint stock company
'Latvijas kuģniecība' for audit of the annual reports for 2015. 

2)    To assign the Management
Board of joint stock company 'Latvijas kuģniecība' to conclude an agreement
with 'PricewaterhouseCoopers' Ltd on audit of the annual reports of joint stock
company 'Latvijas kuģniecība' for 2015, by fixing the remuneration up to EUR 90
000 (ninety thousand euro), excluding value added tax. 

4.  Election of the Supervisory
Council. 

1)     As from April 27, 2015 to dismiss the following persons
from the position of member of the Supervisory Council of joint stock company
'Latvijas kuģniecība': Vladimir Egger, Rubil Yilmaz, Simon Boddy,
Andrea Clare Schlaepfer, Varvara
Maximova, Julia Vershchagina, Olga Kurenkova, Giovanni Fagioli,
 Kristo Oidermaa and
Ivars Girgensons. 

2)     To elect the Supervisory Council of joint stock company
'Latvijas kuģniecība' for a period of five years in the following composition,
by setting the beginning of term of powers as from April 27,
2015: 

1.    ____________________; 

2.    ____________________; 

3.    ____________________; 

4.    ____________________; 

5.    ____________________; 

6.    ____________________; 

7.    ____________________; 

8.    ____________________; 

9.    ____________________; 

10. ____________________; 

11. ____________________; 

12. ____________________; 

3)     To assign ____________ /name, surname/ to convene the
first meeting of the newly elected Supervisory Council of joint stock company
'Latvijas kuģniecība', to notify Supervisory Council members on the time and
venue of the Supervisory Council meeting, to fix the agenda of the first
meeting of the newly elected Supervisory Council of joint stock company
'Latvijas kuģniecība', to open the Supervisory Council meeting, as well as to
take other necessary actions in relation to convening and holding the first
meeting of the newly elected Supervisory Council of joint stock company
'Latvijas kuģniecība'. 

4)     To fix the annual remuneration fund for the members of
the Supervisory Council of joint stock company 'Latvijas kuģniecība' for
fulfilment of duties in the amount of EUR 0.00 (zero euro). 

5.    Elections of the Audit Committee and
determination of the remuneration for the Audit Committee. 

1)    To elect the following persons as members of the Audit
Committee of joint stock company 'Latvijas kuģniecība' for 3 (three) years,
fixing the beginning of term of duties as of July 25, 2015: 

1.            Lahsen Idiken, born [..], address: [..]; 

2.            Nafiset Negouch, born [..], address:
[..]; 

3.            Jozef Hubertus Johannes Baardemans, born [..], address:
[..]. 

2)    To set the annual
remuneration fund of the Audit Committee of joint stock company 'Latvijas
kuģniecība' in the amount not exceeding EUR 10.000 (ten thousand euro), by
authorising the Chairman of the Audit Committee to split the
remuneration fund between members of the Audit Committee.  

Management Board
of joint stock company 'Latvijas kuģniecība'  

About
JSC 'Latvian Shipping Company' 

JSC 'Latvian Shipping Company' (NASDAQ OMX RIGA: LSC1R)
is among the biggest vessel
owners in the segment of medium and handy size tankers and takes leading
positions in terms of the transported amount of petroleum products among
similar companies in Northern Europe. The company owns 16 modern vessels
employing more than 500 professional and high-skilled seamen from Latvia. The
average age of the LK fleet is 7 years. All of the vessels have received ISM
(International Safety Management) certificates. 






         Additional information:
         Elīna Dobulāne, Communication Consultant
         JSC 'Latvian Shipping Company'
         Phone: +371 25959447
         E-mail: elina.dobulane@vnafta.lv
         www.lk.lv
News Source: NASDAQ OMX



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Language:    English              
Company:     Latvijas kugnieciba  
 
 
             Latvia               
ISIN:        LV0000101103         
 
 
End of News    DGAP News-Service  
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