AB LESTO (hereinafter – LESTO), identification code 302577612, registered office placed at Aguonų str. 26, Vilnius, Republic of Lithuania. The total number of registered ordinary shares issued by company is 603 944 593; ISIN code LT0000128449.
On 4 June, 2015 the National Control Commission for Prices and Energy (hereinafter – Commission) adopted a decision to fine LESTO EUR 300 000 for the violations detected in the act of scheduled inspection and ordered to correct the regulated cost statements for the period 2011-2013. According to the Commission, during period 2011-2013 LESTO assigned EUR 16,455 mln. cost more than it could be assigned for regulated electricity distribution activity and EUR 1,174 mln. cost more than it could be assigned for regulated public supply service.
LESTO does not agree with the decision of the Commission and has appealed to court for annulment of 19 December, 2014 Commissions act of scheduled inspection.
LESTO also does not agree with the 4 June, 2015 decision of the Commission and is considering a possibility to challenge it in Vilnius Regional Administrative Court.
Information is not confidential.
Representative for Public Relations Martynas Burba, Tel. No. 00 370 (5) 251 4516.