Group 1 - The Company, AUGA group, AB, is undergoing restructuring and has called for an Extraordinary General Meeting of Shareholders to discuss the updated draft restructuring plan [1][2] - The Meeting is scheduled to take place at QUADRUM NORTH, Vilnius, with registration starting at 9:30 a.m. on the record date of 5 August 2025 [2] - The updated draft restructuring plan includes measures to enhance creditor involvement in governance, allowing major creditors to appoint members to an independent Board and establish a Creditors' Committee [3] Group 2 - The Board has proposed an alternative draft resolution that grants the Board the authority to amend the restructuring plan based on creditor feedback without changing the essential terms [4][6] - The resolution includes provisions for the CEO and Board to execute necessary documents for filing the restructuring plan with the Court [7] - A general voting ballot has been provided to shareholders for the Meeting [7][9]
Regarding the Supplementation of the Draft Resolutions and Submission of the Voting Ballot for the Extraordinary General Meeting of Shareholders of AUGA group, AB under restructuring to be held on 12 August 2025
Globenewswireยท2025-08-11 20:10