AB „SNAIGĖ“ - NASDAQ OMX Baltic
AB „SNAIGĖ“ - NASDAQ OMX Baltic
AB „SNAIGĖ“ - NASDAQ OMX Baltic
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Consolidated annual report for year 2008<br />
2.7.2.2 about the salaries, tandems and other profit benefits paid to the members of the Company’s<br />
Board of observers, Board and Administration sourced from the enterprises where the share<br />
of the authorized capital owned by the Company amounts to more than 20 percent<br />
No such payments were made during 2008.<br />
2.7.2.3 the loans, warranties and securities of the performance of liabilities granted to the members<br />
of the management body during the accounting period.<br />
No loans, guarantees there issued for the members of managements bodies during the accounting period.<br />
2.7.3 Important agreements, the party of which is the Company and which would take effect, change, or<br />
would stop being valid in case the control of the Company changes, also the effect of such<br />
agreements, except from the cases when the disclosure of such agreements would result in large<br />
damage to the Company<br />
As far as it is known to the Company, there are no such agreements.<br />
2.7.4 Company’s and its management bodies members or employees agreements, describing compensation<br />
in case the members or employees resign, or are fired without grounded reason, or if their<br />
employment would end because of change of control of the Company;<br />
As far as it is known to the Company, there are no such agreements.<br />
2.8 Transactions with the related parties<br />
2.8.1 Types of transactions<br />
Real estate agreements, unaccustomed sales and purchase agreements, and loans granted.<br />
2.8.2 Transactions conditions<br />
In 2006 it was decided to acquire 100% of the share capital of Russian company OOO “Liga Servis“<br />
(registered in Moscow) from Estonian citizen Mr. S. Butenko for the price of 1000 (one thousand) Litas.<br />
Pursuant to the decision of the Board of February 28, 2006 <strong>AB</strong> “Snaigė” granted the loan of 5 500 000 (five<br />
million five hundred thousand) Litas to U<strong>AB</strong> “Hermis Capital“. The loan was repaid.<br />
Pursuant to the decision of the Board of March 23, 2006 <strong>AB</strong> “Snaigė” granted the loan of 15 000 000 (fifteen<br />
million) Litas to U<strong>AB</strong> “Hermis Capital”. The loan was repaid.<br />
Purchases from related parties in 2006:<br />
Subject Purchase value,<br />
LTL<br />
From companies controlled by <strong>AB</strong> “Snaigė” shareholders:<br />
U<strong>AB</strong> „Hermis Fondų Valdymas” Rent payments 52,752<br />
From companies controlled by management members, their<br />
relatives:<br />
U<strong>AB</strong> „Lisiplastas” Materials 7,072,470<br />
U<strong>AB</strong> „Baltijos polistirenas” Materials 2,481,889<br />
U<strong>AB</strong> „Astmaris” Materials 6,847,895<br />
U<strong>AB</strong> „Aljana” Materials -<br />
U<strong>AB</strong> „Lanksti Linija” Materials -<br />
Prepared by U<strong>AB</strong> FMĮ „Orion Securities“ p. 16