Regarding the sale of UAB Baltpool shares


Vilnius, Lithuania, 2016-02-05 13:42 CET (GLOBE NEWSWIRE) -- In accordance with the decision adopted in AB Litgrid (legal entity code - 302564383) Extraordinary General Meeting of Shareholders on 28 January 2016, AB Litgrid and UAB EPSO-G (legal entity code 302826889) have signed an agreement to sell shares owned by AB Litgrid. Under this agreement AB Litgrid has transfered to UAB EPSO-G the ownership of 478 800 units of ordinary registered non-material UAB Baltpool (legal entity code 302464881) shares. This constitutes to 67 percent of all UAB Baltpool shares.

The UAB EPSO-G ownership will come into effect on 1 March 2016. Shares of UAB Baltpool were sold in accordance with valuation of the independent advisors for the market value of 387 828 EUR.  

         Vilija Railaitė
         Litgrid Head of Communications
         Ph. +370 613 19977
         E-mail vilija.railaite@litgrid.eu