AB Lietuvos dujos (corporate code 120059523, registered office address: Aguonų g. 24, Vilnius) (hereinafter – the Company), hereby informs that on 28 July 2015 the Company received the Letter from Lietuvos energija, UAB (hereinafter – Lietuvos energija) holding 96.64 % of the Company’s shares containing the information on decisions adopted by the Supervisory Board of Lietuvos energija.
According to the Letter, at its meeting of 28 July 2015 the Supervisory Board of Lietuvos energija approved the nominations of Aidas Ignatavičius (the Chairman of the Board and the General Manager), Dalia Andrulionienė (area – services), Eglė Čiužaitė (area – finance), Rytis Borkis (area –development of network) and Dalius Svetulevičius (area – operation of networks) to the Board of the new electricity and gas distribution company which will continue in operation after the pending reorganisation of AB LESTO and AB Lietuvos dujos (hereinafter – the distribution company) and the nomination of the Company’s Board Member Vidmantas Salietis to the post of the General Manager of Energijos tiekimas UAB.
The Company hereby reminds the announcement on corporate action made public on 3 March 2015 whereby the Company notified of the programme for separating the chain activities of this group of companies. According to the programme concept, until the end of December 2015 AB LESTO and AB Lietuvos dujos will be merged into a joint company of distribution networks. The extraordinary general meeting of shareholders of AB LESTO of 29 May 2015 approved the preparation of conditions of the reorganisation of AB LESTO and AB Lietuvos dujos by way of merger.
The plan of the programme provides that the structure of management bodies of the new distribution company will not change, i.e. it will consist of the general meeting of shareholders, a supervisory body – the Supervisory Board of 3 members elected for the term of 4 years, a collegial management body – the Board of 5 members elected for the term of 4 years and a single person management body – the General Manager.
Candidates to the Board of the new distribution company will be nominated in accordance with the procedure set out by legal acts after the establishment of the distribution company. The Board will be elected by the Supervisory Board of the distribution company.
Any subsequent actions and decisions will be announced by the Company publicly in accordance with the laws.
Information is not confidential.
Paulius Stonis, Communications account manager of Lietuvos dujos. +370 699 34825; p.stonis@lietuvosdujos.lt