Regarding the initiated legal proceedings by LESTO AB


LESTO AB, identification code 302577612, registered office placed at Žvejų str. 14, Vilnius, Republic of Lithuania. The total number of registered ordinary shares issued by company is 603 944 593; ISIN code LT0000128449.  

On the 22 of January, 2015 LESTO received information that Company's complaint regarding the withdrawal of National Commission’s for Energy Control and Prices decision of 19 December 2014 No. O3-947 on the cost inspection report of Company and related decisions No. O3-944, No. O3-945, No. O3-946, No. O3-960 was accepted by Vilnius Regional Administrative Court.

The Company disagrees with the cost inspection report of the Commission dated 19 December, 2014 and considers it is not substantiated. In Company’s opinion, National Commission for Energy Control and Prices improperly conducted the cost inspection and supervision of activities of economic entities, violated the principles of public administration, improperly counted the regulated public supply activities costs and actually attributed ones.

Information is not confidential.

         Representative for Public Relations Martynas Burba, Tel. No (8~5) 251 4516.