Elektrėnai, Lithuania, 2016-05-24 15:01 CEST (GLOBE NEWSWIRE) -- Lietuvos Energijos Gamyba, AB (hereinafter referred to as The Company), registered address: Elektrinės St 21, Elektrėnai, Lithuania, legal entity number 302648707, hereby informs that on 23 May 2016 it received a letter from the main shareholder Lietuvos Energija, UAB (hereinafter, Lietuvos Energija), registered address: Žvejų St 14, Vilnius, Lithuania, legal entity number 301844044, regarding the redemption of shares of LIETUVOS ELEKTRINĖ, AB in the course of execution of the judgement of the Supreme Court of Lithuania. During the redemption, the shares of LIETUVOS ELEKTRINĖ, AB were equated to the shares of the Company.
By the letter, Lietuvos Energija informed about a letter received from AB SEB Bank, which represented Lietuvos Energija during the process of redemption of shares, whereby the Bank stated that during the process 1,144 agreements on purchase-sale of shares had been registered. On the basis of these agreements, 3,866,497 (three million eight hundred sixty-six thousand four hundred and ninety-seven) shares of the Company were transferred to Lietuvos Energija.
The amount payable for the shares transferred to Lietuvos Energija into its ownership was transferred to the bank account indicated by AB SEB Bank on 23 May 2016. On the same day, the monetary funds were transferred to persons who had sold the shares, to the bank accounts specified in their requests.
In total, currently Lietuvos Energija owns 614,382,012 (six hundred and fourteen million three hundred and eighty-two thousand and twelve) ordinary registered shares of the Company with the nominal value of EUR 0.29 (point 29 euro), which grant 96.74% votes at the General Meeting of Shareholders of the Company.
We would like to remind you that the conditions of redemption of shares of the former LIETUVOS ELEKTRINĖ, AB were announced by the Company in the notice of material event of 8 February 2016. Minority shareholders were able to submit requests regarding the redemption of shares by 9 May 2016.
Valentas Neviera, Head of Corporate Communication Division, tel. +370 670 25997, e-mail. valentas.neviera@le.lt
