Regarding the initiated legal proceedings by LESTO AB


LESTO AB (hereinafter - LESTO, Company), 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.  

LESTO informs that Company's complaint regarding the dismissal of National Commission’s for Energy Control and Prices (hereinafter - Commission) decision of 19 January 2015 No. O3-11 on “Setting price caps of LESTO distribution service of medium and low voltage networks for the years 2016-2020” was accepted by Vilnius Regional Administrative Court on 10 of March, 2015. 

In Company’s opinion, in adopting the decision the Commission unreasonably did not followed the Procedure of principles of state-regulated prices in the electricity sector, adopted by the Government on 24 of September, 2014 as resolution No.1026.

Information is not confidential.

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