AviaAM Leasing AB, code 302330793, registered address at Smolensko str. 10, Vilnius, Lithuania (hereinafter referred to as the “Company”), the authorized capital of which amounts to LTL 43’305’593 and is divided into 43’305’593 ordinary registered shares (ISIN code of the Company’s shares is LT0000128555) with the par value of LTL 1 (one Litas) per share entitling to 43’305’593 votes at the shareholders meeting on 03 April 2015 convened the Ordinary General Meeting of Shareholders (hereinafter referred to as the “Meeting”).
On 19 March 2015 the Supervisory Council of AviaAM Leasing AB (hereinafter – the “Company”) decided:
The Annual General Meeting of Shareholders of AviaAM Leasing AB, company code 302330793, registered address at Smolensko str. 10, Vilnius, Lithuania (hereinafter referred to as the “Company”) will be held at the headquarters of AviaAM Leasing AB, Smolensko str. 10, Vilnius, Lithuania, at 10.00 a.m. on 3 April 2015 (hereinafter referred to as the “Meeting”). Registration will take place from 9.00 till 9.50 a.m.
The Meeting is convened by initiative of the Management Board and following the decision of the Management Board adopted on 12 March 2015.
On 12 March 2015 the Management Board of AviaAM Leasing AB (the “Company”) decided:
On 23 July 2014 the Council of the European Union approved Lithuania’s request to join the euro area effective from 1 January 2015. According to this on 1 January 2015 Lithuania will convert its national currency Lithuanian Litas (LTL) to Euro (EUR) based on the official exchange rate of EUR 1.00 = LTL 3.4528.
On the basis set out above, on 1 January 2015 the nominal value of AviaAM Leasing AB (hereinafter – the “Company”) shares will automatically be converted from LTL 1.00 LTL per share to EUR 0.29 per share in the Central Securities Depository of Lithuania (CSDL). The respective amendments to the Articles of Association of the Company and approval of the new wording of the Articles of Association related to the change in the nominal value of the shares and the amount of the share capital shall be included into the agenda of the forthcoming Ordinary General Meeting of Shareholders of the Company.
AviaAM Leasing AB (hereinafter – the “Company”) announces that the Company has received the notification on transaction concluded by the former member of the Management Board of the Company - Mr. Gediminas Žiemelis (please reffer to Annex below).
AviaAM Leasing AB (hereinafter – the “Company”) announces that following the resignations of the Chairman of the Management Board Mr. Gediminas Žiemelis and member of the Management Board Mr. Linas Dovydėnas which decided to dedicate their efforts to the projects carried out by Avia Solutions Group AB, the Meeting of the Supervisory Council, convened on 18 December 2014, resolved to elect Mr. Paulius Docka (Attorney-at-law) and Mr. Tomas Šidlauskas (Vice President Sales of the Company) as the members of the Management Board for the current tenure of the Board, i.e. until 26 May 2016, but in any case not longer than until the annual General Meeting of Shareholders to be held in 2016.
Furthermore, the Meeting of the Management Board was convened on 19 December 2014 which elected Mr. Tadas Goberis (General Manager of the Company) to take over the chairmanship in the Management Board of the Company.
AviaAM Leasing AB (hereinafter – the “Company” and together with its subsidiaries – the “Group") hereby informs that the Consolidated Condensed Interim Financial Information for the nine month period ended 30 September 2014 (Unaudited) shall be published on 7 November 2014.
The Company estimates the consolidated net profit in the amount of USD 22.2 million and EBITDA in the amount of USD 30.8 million based on revenues of USD 116.0 million for the nine month period ended 30 September 2014.