| Emitents | Latvijas zoovetapgāde, AS |
| Veids | Citi |
| Valoda | EN |
| Statuss | Publicēts |
| Versija | |
| Datums | 2008-08-27 09:39:11 |
| Versijas komentārs | |
| Teksts |
Announcement of AS „Latvijas Zoovetapgade” Supervisory Council to Company employees, suppliers, customers and shareholders
Since shareholder meeting held on 24th July, 2008, when changes in Company management took place, the Company and its largest shareholders has been involved into various litigations, which seriously affects the Company everyday business. Unfortunately, since shareholder’s meeting, former Management Board and Supervisory Council of the Company, after receipt of written requests, has not considered being necessary to contact the new Management Board members, as well has not delivered the requested information. New management Board was not allowed to access Office premises and accounting information of the Company, therefore, the Company was not able to fulfill its obligations to the Company employees and suppliers.
From information in possession by the new management of the Company, it is possible to conclude, that to the some of the former management members of the Company who simultaneously were some of the biggest shareholders of the Company, several payments were made outside the normal employee relations not related to the business of the Company. In addition, the Company has extended guarantees on behalf of the loans issued to former management of the Company which currently are overdue and not repaid on time.
From contacts with the Company suppliers, the information is received on activities from some of the former Company management members trying to persuade the suppliers of the Company to sign new supply contracts with other companies which are directly related with the former management of the Company, by doing this intensely jeopardizing the successful future of the Company. Some, important suppliers of the Company, are shocked about the current situation within the Company and the risk exist that they will reconsider the cooperation with the Company into nearest future.
We would like to remind that AS „Latvijas Zoovetapgade” is not a company belonging only to members of one family, but it is joint stock Company, with its shares being transferrable and quoted on NASDAQ/OMX stock Exchange. The operations of the Company should be transparent, legitimate and performed in accordance with generally accepted principles of corporate governance and should be made in interests of all shareholders of the Company.
The current Company Management Board and Supervisory Council are ready to react adequate on all above mentioned issues to protect the Company assets and to continue its business.
The current Management Board of the Company has announced next extraordinary shareholders meeting on 24th September, 2008 and has included on agenda the reelection of the Supervisory Council, by doing this in legitimate way trying to solve the issue of control over the Company.
The Supervisory Council of AS „Latvijas Zoovetapgade” is inviting all shareholders of the Company to solve their mutual conflicts in a legitimate way and by not diminishing the value of the Company. We are inviting all employees of the Company, suppliers, customers and shareholders to be correct and reasonable into current situation within the Company as well as to cooperate with the existing Management Board elected by the Supervisory Council and to support the Company into this difficult situation.
Looking forward for your cooperation and support,
Janis Leimanis
AS „Latvijas Zoovetapgāde” Chairman of the Supervisory Council |
| Pielikumi |
|