Regarding the Transfer of Shares of UAB “ELEKTROS TINKLO PASLAUGOS”


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.

Following the decision of the Board of LESTO AB, LESTO AB and “Lietuvos energija”, UAB (legal entity code 301844044) concluded a Share purchase – sale Agreement on 31 March 2015. Under the Share purchase – sale Agreement, LESTO AB transferred shares of UAB “ELEKTROS TINKLO PASLAUGOS“ (legal entity code 300072351) owned by LESTO AB and equal to 100 percent of authorised capital of UAB “ELEKTROS TINKLO PASLAUGOS “ to “Lietuvos energija”, UAB.

Shares of UAB “ELEKTROS TINKLO PASLAUGOS” was sold for share market value – 7 695 493, 51 EUR, set by the independent property appraisers.

UAB "ELEKTROS TINKLO PASLAUGOS" (Electricity Network Service) is the company of the group of enterprises of "Lietuvos energija" that carries out construction, reconstruction, repair and technical maintenance tasks of 0,4 - 400 kV voltage electric equipment for energy sector.

Information is not confidential.

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