The following resolutions were adopted at the reconvened Extraordinary General Meeting of Shareholders. Panevezio Stativos Trestus AB held on February 1, 2023:
- Approval of Agreed Material Terms for Settlement Agreements with State Tax Inspectors.
1.1. In consideration of the request of the Board of Directors under Section 7.1.11 of our Articles of Incorporation, approve the execution of a Settlement Agreement (the “Settlement Agreement”) with the State Tax Offices under the jurisdiction of the National Tax Agency. The Ministry of Finance of the Republic of Lithuania (hereinafter referred to as the “Creditor”) suspends the Enforcement Procedure No. 0102/20/00638 on the action of the Enforcer S. Ramanauskas regarding the collection under the Enforcement Document – Resolution No. 2017 2S-11 (20147) of December 20th (hereinafter referred to as the “Resolution”), issued by the Competition Council of the Republic of Lithuania (hereinafter referred to as the “Competition Council”), levying EUR 8,513,500 on the Company and interest of EUR 251,906.30. (As of December 1, 2022, the remaining amount, including unpaid interest, is EUR 5,775,071.30 (h hereinafter referred to as “receivables”)). cancel the foreclosure applied to Execution of the Settlement Agreement is approved under the following key conditions:
1.1.1. The payment term of the Debt will be changed by rescheduling the payment of the Debt for a period of 48 months, with monthly payments of the same amount.
1.1.2. The interest rate on the amount of the debt shall be equal to 3.65% and shall be calculated from the unpaid amount of the debt and shall be paid monthly together with the repayable portion of the debt, provided that the total amount of interest for the entire period shall not exceed the total amount of the debt during that period. and shall not exceed EUR 450,000.
1.1.3. During the term of this Agreement, the Company will not (i) distribute and/or pay any dividends to the Company’s shareholders or propose to distribute or pay any dividends; (ii) grant no new loans to any legal or natural person; (iii) after seskines project Our subsidiary, UAB, will sell the Project U219 real estate or business owned by it and, at the latest within 3 months, we will collect the loan granted. Seskines projektai UAB (or part of it for income received) Seskines projektai UAB after the sale of the indicated property is insufficient to fully repay the loan) and allocates the amount received to full or partial repayment of the debt (if the loan recovery is not sufficient to repay the loan ). all remaining debt).
1.1.4. For the purpose of indemnification for the benefit of creditors, the Company and its subsidiaries pledge and guarantee the assets of the Company and its subsidiaries. The amount and specific composition of the liability is approved by the Company’s Board of Directors based on an asset valuation report prepared by a qualified asset appraiser.
1.1.5. The Company shall (i) pay the costs associated with enforcing the decisions in Enforcement Proceeding No. 0102/20/00638 arising prior to the stay of enforcement proceedings; I promise to refund the cost of In connection with the enforcement proceedings, Saurius Ramanaucus will (iii) pay the costs associated with pledging assets to secure its obligations.
For more information:
Aegidius Urbonas
Managing director
PanevEzeio statusbos trestas AB
Phone: (+370 45) 505 503
