Elektrėnai, Lithuania, 2012-07-05 07:27 CEST (GLOBE NEWSWIRE) -- On 4 of July 2012 the Government of the Republic of Lithuania adopted a resolution on establishment of a private limited liability company and also on the investment of state assets with the aim to implement the requirement to separate the electricity transmission system operator LITGRID AB from the power supply and production entities set forth in the Law on Electricity. The purpose of the establishment of the private limited liability company is for the management of electricity transmission system operator LITGRID AB.
As provided for in the paragraph 3 of the said resolution, the shares of UAB “Visagino Atominė Elektrinė”, which are state-owned, but currently possessed, used and disposed under the right of trust by the Ministry of Energy, and amount to 4,067,163,632 ordinary registered uncertificatede shares with a nominal value of LTL 1 each (giving 100% of the votes in UAB “Visagino Atominė Elektrinė” general meeting of the shareholders) should be transferred to the Ministry of Economy to possess, use and dispose under the right of trust by 1 October 2012.
UAB “Visagino Atominė Elektrinė”currently owns 96,13 % shares of Lietuvos energija, AB.
For more information please visit the website of the Government of the Republic of Lithuania www.lrv.lt
Ernesta Dapkienė
Head of Communications
Lietuvos energija, AB
Tel. +370 528 33696
E-mail: ernesta.dapkiene@le.lt