Lietuvos Dujos - Notification on material event

The Board of Directors of AB Lietuvos Dujos made a decision to acquire a part of shares of UAB Technologiju ir Inovaciju Centras

Vilnius, Lithuania, 2014-12-12 15:10 CET (GLOBE NEWSWIRE) -- AB Lietuvos Dujos,
legal entity code 120059523, registered office address Aguonų g. 24, LT-03212
Vilnius, company data collected and stored at the Register of Legal Entities
(hereinafter - the Company), decided in the Company‘s meeting of the Board of
Directors held on 12 December 2014 to acquire (subscribe) 1 998 048 (one
million nine hundred ninety eight thousand forty eight)  shares of UAB
Technologiju ir Inovaciju Centras (hereinafter - UAB TIC), which account for 9
percent of the authorized capital of UAB TIC. The par value per share is LTL 1
(one litas) and the issue price thereof is LTL 1.02 (one litas 2 ct). 

UAB TIC, just like AB Lietuvos Dujos, is owned by the state-owned energy group
Lietuvos Energija, UAB. By investing in UAB TIC, AB Lietuvos Dujos continues
the process of its integration into Lietuvos Energija Group. Once the Company
becomes a shareholder of UAB TIC, all issues of Lietuvos Dujos related to the
provision of information technology and telecommunication services will be
solved by UAB TIC, which serves all Group companies. In terms of economic
benefits of acquisition of the shares, AB Lietuvos Dujos will be able to use
service infrastructure developed by UAB TIC and their experience in ICT area.
Integration and centralization of servicing activities are related to the
Lietuvos Energija, UAB group corporate model implementation in AB Lietuvos
Dujos. 








         Laura Šebekienė
         Head of Communications
         Ph. +370 633 99940
         Email: l.sebekiene@lietuvosdujos.lt