Elektrėnai, Lithuania, 2014-11-20 13:53 CET (GLOBE NEWSWIRE) -- “Lietuvos Energijos Gamyba”, AB (company code 302648707, registered office at Elektrinės st. 21, Elektrėnai, the Company), informs that on 19 November, 2014 the Supreme Court of the Republic of Lithuania (the Court) adopted decision by cassation in cases regarding the legal obligation of the state of buyout of the shares of the expired legal entity AB Lietuvos elektrinė of the minority shareholders and the correct pricing of these shares. The Court stated that the legal obligation for buyout of shares of the state is intact and also found that the price of buyout of these shares in question is fixed at 6, 13 LTL per share. Decision of the Court will be implemented in accordance with legal acts.
More information in regards to this decision can be found at the website of the Supreme Court of the Republic of Lithuania http://www.lat.lt (case No. 3K-3-370/2014).
Valentas Neviera, Head of Corporate Communication Division, tel. +370 5 278 2908, e-mail. valentas.neviera@le.lt