LESTO AB, 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.
LESTO, AB (hereinafter referred to as the “Company”) hereby notifies that on 18 December 2015, the Company received a letter from Lietuvos Energija, UAB (hereinafter referred to as “Lietuvos Energija”) which controls 94.39% of the Company’s shares whereby information was provided on the resolutions carried by the Supervisory Board of Lietuvos Energija.
The letter pointed out that during the meeting which was held on 18 December 2015 the Supervisory Board of Lietuvos Energija approved Liudas Liutkevičius for the candidacy to the office in the Management Board of Energijos Skirstymo Operatorius, AB (company code 304151376, registered office Aguonų g. 24, Vilnius) (namely, Chairman of the Board and General Manager) as proposed by the Management Board of Lietuvos Energija. Liudas Liutkevičius currently holds the position of the Chairman of the Management Board and General Manager of Lietuvos Dujos, AB.
The Company reminds that during the extraordinary general meetings of shareholders of the Company and Lietuvos Dujos, AB, which took place on 3 December 2015, the resolutions were adopted to reorganise these companies by setting up a new legal entity, namely, Energijos Skirstymo Operatorius, AB, following their merger. The same day, during the meetings of the Supervisory Board and Management Board of Energijos Skirstymo Operatorius, AB, Aidas Ignatavičius was elected to hold the position of the Chairman of the Board and of the General Manager of Energijos Skirstymo Operatorius, AB.
On 8 December 2015, announcements on corporate action of Lietuvos Dujos, AB and LESTO, AB under reorganisation, was made notifying of the resignation of Aidas Ignatavičius from the office of the Chairman of the Management Board and the General Manager of LESTO, AB and Energijos Skirstymo Operatorius, AB from 1 January 2016, given the fact that on the same day he was elected to the position of the General Manager of Vilniaus Vandenys, UAB.
The Company hereby notifies that in the nearest future all actions related to the assignment of Liudas Liutkevičius to the office of the Chairman of the Management Board and the General Manager of Energijos Skirstymo Operatorius, AB, will be taken in accordance with the procedure established by legislation.
Any subsequent actions and decisions will be announced by the Company publicly in accordance with the laws.
Information is not confidential.
Representative for Public Relations Martynas Burba, Tel. No (8~5) 251 4516.