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Zwack Unicum

AGM Information Jun 29, 2010

2027_rns_2010-06-29_a78182f6-194d-477b-bcca-134a47ed7ebf.html

AGM Information

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News Details

Ad-hoc | 29 June 2010 16:51

Zwack Unicum Likőripari és Kereskedelmi Nyilvánosan Működő Részvénytársaság:

DGAP-Geoinfo Ad-hoc-Service: Zwack Unicum Nyrt.
AGM/EGM Decisions

29 Jun 2010

Ad-hoc announcement according to Tpt. 55.§ of the Hungarian Capital market Act., transmitted by DGAP-Geoinfo.
The issuer is solely responsible for the content of this announcement.

Zwack Unicum Nyrt. RESOLUTIONS

of the Annual General Meeting held on June 29, 2010

Resolution of the AGM No. 1/2010. 06. 29.

The AGM approved the election of Mr. Sándor Zwack as conducting chairman,
Mr. György Guttengéber and Mr. György Kató as vote counters, the election
of Lászlóné Mráz as keeper of the Minutes of the June 29, 2010 Annual
General Meeting, and the election of Mr. Hans Dieter Melwisch
representative of the shareholder PZHAG, and Ms. Herrant Szilvia,
representative of the shareholder Diageo Holdings Netherlands B.V., as
confirmers of the Minutes.

Number of votes |Ratio of votes |Yes |No |Abstention

    1 549 406   |          99,99%   |  1 549 270   | 32   |         104

Report of the Board of Directors on the business activities of the
Company in the business year starting on April 1, 2009 and terminating on
March 31, 2010 and presentation of the related draft Annual Report of the
Company; Report of the Auditor; Report of the Supervisory Board,
including the report of the Audit Board; Approval of the Corporate
Governance Report

Resolution of the AGM No. 2/2010. 06. 29.

The AGM approved the report of the Board of Directors regarding the
business activities and financial results of the Company in the business
year starting on April 1, 2009 and terminating on March 31, 2010.

Number of votes |Ratio of votes |Yes |No |Abstention

    1 549 587   |          99,97%   | 1 549 184   | 353   |         50

Resolution of the AGM No. 3/2010. 06. 29.

The AGM has approved the report of PricewaterhouseCoopers Kft., as
statutory auditor of the Company regarding the operation of the Company
in the business year starting on April 1, 2009 and terminating on March
31, 2010 and the related Annual Report.

Number of votes |Ratio of votes |Yes |No |Abstention

    1 549 589   |          99,95%   | 1 548 865   | 430   |        294

Resolution of the AGM No. 4/2010. 06. 29.

The AGM approved the report of the Supervisory Board, including the
report of Audit Committee for the business year starting on April 1, 2009
and terminating on March 31, 2010.

Number of votes |Ratio of votes |Yes |No |Abstention

    1 549 550   |          99,87%   | 1 547 599   | 395   |      1 556

Resolution of the AGM No. 5/2010. 06. 29.

The AGM approved the Corporate Governance Report of the Board of
Directors, approved by the Supervisory Board for the business year
starting on April 1, 2009 and terminating on March 31, 2010.

Number of votes |Ratio of votes |Yes |No |Abstention

    1 549 245   |          99,97%   | 1 548 797   | 294   |        154

Resolution on the determination and allocation of the after-tax profit of
the Company generated in the business year starting on April 1, 2009 and
terminating on March 31, 2010

Resolution of the AGM No. 6/2010. 06. 29.

The AGM approved the proposal of the Board of Directors on the allocation
of profits, on the basis of which the Company has declared the payment of
dividend in the amount of HUF 2 035 000 000 (two billion thirty five
million Hungarian Forints) from the after-tax profit, and resolved to put
the remaining HUF 434 285 000 to the profit reserves. The AGM has ordered
the Board of Directors to take the necessary steps for the payment of the
dividends on a pro rata basis in accordance with the shareholding set
forth in the Company's Share Register on August 23, 2010. The
distribution of the dividends shall commence on August 30, 2010.

Number of votes |Ratio of votes |Yes |No |Abstention

    1 549 421   |          99,98%   | 1 549 057   | 364   |          0

Approval of the Annual Report of the Company, including the Balance
Sheet concerning the business year starting on April 1, 2009 and
terminating on March 31, 2010

Resolution of the AGM No. 7/2010. 06. 29.

The AGM approved the Annual Report of the Company concerning the business
year starting on April 1, 2009 and terminating on March 31, 2010, which
was prepared in accordance with Hungarian accounting standards and
contains the audited balance sheet concerning the business year starting
on April 1, 2009 and terminating on March 31, 2010, showing a total
balance of assets and liabilities in the amount of thousand HUF 15 885
667 as well as the profit-and-loss statement with a net profit of
thousand HUF 434 285 as follows:

Balance Sheet: Zwack Unicum Plc.

Assets: in HUF (in thousands; -,000)

Invested assets: 4 676 598

Intangible assets 119 513

Tangible assets 4 477 731

Financial investments 79 354

Current assets: 11 039 315

Inventories 2 443 982

Receivables 4 209 740

Securities 0

Liquid assets 4 385 593

Accrued and deferred assets 169 754

Total assets: 15 885 667

Liabilities:

Equity: 9 904 455

Share capital 2 035 000

Capital reserves 264 044

Accumulated profit reserves 7 171 126

Balance sheet profits 434 285

Provisions: 68 964

Liabilities: 5 642 520

Accrued expenses: 269 728

Total liabilities: 15 885 667

Profit & Loss Statement:

in HUF (in thousands; -,000)

Net sales revenues 28 081 530

Capitalised value of own performance 232 003

Other revenues 424 852

Material Costs 10 911 911

Payment to personnel 2 715 976

Depreciation reserves 704 000

Other expenditures 11 539 021

Net profit on ordinary business 2 867 477

Net profit on financial transactions 125 238

Regular entrepreneurial profit 2 992 715

Extraordinary profits -1 692

Net profit before taxation 2 991 023

After-tax profits 2 469 285

Dividends paid out of accumulated profit reserve 0

Approved dividends 2 035 000

Balance sheet profits 434 285

Number of votes |Ratio of votes |Yes |No |Abstention

    1 549 405   |          99,96%   | 1 548 741   | 362   |        302

Approval of the Annual Report of the Zwack Unicum Plc. concerning the
business year starting April 1, 2009 and terminating on March 31, 2010,
prepared in accordance with the international accounting standards (IFRS)

Resolution of the AGM No. 8/2010. 06. 29.

The AGM approved the Annual Report of Zwack Unicum Plc. concerning the
business year starting on April 1, 2009 and terminating on March 31,
2010, prepared in accordance with the international accounting standards
(IFRS) as follows:

Balance Sheet: Zwack Unicum plc.

Assets: in million HUF

Non-current assets: 4 506

Property, plant and equipment 4 117

Intangible assets 139

Returnable packaging materials 45

Investments 18

Non-current receivables 46

Deferred tax assets 141

Current assets: 10 760

Inventories 2 271

Trade and other receivables 4 103

Cash and cash equivalents 4 386

Total assets: 15 266

Equity and liabilities:

Shareholder's equity: 11 154

Share capital 2 000

Share premium account 165

Retained earnings 8 989

Non current liabilities: 199

Other financial liabilities 199

Provisions 0

Current liabilities: 3 913

Trade and other liabilities 3 833

Provisions 80

Total equity and liabilities: 15 266

Profit & Loss Statement (in MILLION HUF)

Sales net of excise tax 14 998

Operating expenses 12 777

   Material cost of goods sold 6 426

   Employee costs 2 485

   Depreciation and amortization expense 768

   Other operating expenses  3 098

Other operating income 775

Profit from operations 2 996

Net financial income 176

Profit before tax 3 172

Income tax expense 858

Profit after tax 2 314

Number of votes |Ratio of votes |Yes |No |Abstention

    1 549 484   |          99,96%   | 1 548 882   | 440   |        162

Resolution on the remuneration of the members of the Board of Directors
and the Supervisory Board

Resolution of the AGM No. 9/2010. 06. 29.

The AGM approved the honoraria for the members of the Company's Board of
Directors and the Supervisory Board in regard to the business year
starting on April 1, 2009 and terminating on March 31, 2010 as follows:

Chairman of the Board of Directors: 3,3 M HUF

Deputy Chairman of the Board of Directors 2,7 M HUF

Members of the Board of Directors: 2,1 M HUF

Chairwoman of the Supervisory Board: 3,3 M HUF

Deputy Chairman of the Supervisory Board of Directors 2,7 M HUF

Members of the Supervisory Board: 2,1 M HUF

Number of votes |Ratio of votes |Yes |No |Abstention

   1 548 929   |         99,85%   | 1 546 560   | 1 820   |        549

Election of members of the Board of Directors

Resolution of the AGM No. 10/2010. 06. 29.

The AGM acknowledged the resignation of Mr. Attila Erdei as member of the
Board of directors as of June 28, 2010. The AGM discharged Mr. Attila
Erdei from his liabilities in connection with his activities as member of
the Board of Directors.

Number of votes |Ratio of votes |Yes |No |Abstention

    1 549 334   |          99,94%   | 1 548 466   | 536   |        332

Resolution of the AGM No. 11/2010. 06. 29.

The AGM approved the election of Mr. Lars Jörgen Andersson (mother's full
maiden name: Siv Gurli Anne-Marie Johansson; address: 24630 Löddeköpinge
Trangården 4, Sweden) as a member of the Board of Directors for a
definite period of time starting on June 29, 2010 and expiring on July
31, 2013.

Number of votes |Ratio of votes |Yes |No |Abstention

    1 549 405   |          99,95%   | 1 548 606   | 367   |        432

Prolongation of the appointment of the Company's auditor and approval of
its remuneration

Resolution of the AGM No. 12/2010. 06.29.

The AGM approved the re-election of PricewaterhouseCoopers Ltd. (H-1077
Budapest, Wesselényi utca 16, registration no.:001464; individual auditor
in charge: Mrs. Márta Szűcs Hegedűsné, registration no.: 006838, the
substitute auditor appointed in the event of any extended absence of the
auditor in charge is: Ms. Szilvia Szabados, registration no.: 005314), as
statutory auditor of the Company for a definite period expiring on July
31, 2011. The AGM authorized the Board of Directors to conclude the
agreement with the statutory auditor.

Number of votes |Ratio of votes |Yes |No |Abstention

    1 547 365   |          99,95%   | 1 546 651   | 426   |        288

Resolution of the AGM No. 13/2010. 06. 29.

The AGM has approved the honoraria - amounting to HUF 8 000 000 + 25%
VAT for PricewaterhouseCoopers Ltd. (H-1077 Budapest, Wesselényi utca 16,
registration no.:001464;) for its performance as auditor of the Company.
The honoraria includes the fee for the auditing of the annual report
concerning the business year starting on April 1, 2009 and terminating on
March 31, 2010 in accordance with the Hungarian accounting principles.

Number of votes |Ratio of votes |Yes |No |Abstention

   1 547 303   |         99,84%   | 1 544 843   | 1 762   |        698

Modification and amendment of the Statutes of the Company

Resolution of the AGM No. 14/2010. 06. 29.

The AGM approved the amendments of the Statutes of the Company as set
attached to the Minutes of the AGM as Appendices 1/A and 1/B.

Number of votes |Ratio of votes |Yes |No |Abstention

    1 547 200   |          99,96%   | 1 546 555   | 344   |        301

Approval of the consolidated text of the Company's Statutes, including
amendments to date

Resolution of the AGM No. 15/2010. 06. 29.

The AGM approved the consolidated version of the Statutes including the
modifications and amendments set forth by the above Resolutions of the
AGM (containing all the amendments to date) attached to the Minutes of
the AGM as Appendices 2/A and 2/B.

Number of votes |Ratio of votes |Yes |No |Abstention

    1 547 137   |          99,94%   | 1 546 270   | 372   |        495

June 29, 2010 Budapest

Board of Directors of the

Zwack Unicum Plc.

Contact:
Guttengéber György
[email protected]


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