Lietuvos Energija UAB - Notification on material event

Regarding the sale of the shares of Duomenų logistikos centras, UAB, a subsidiary of Lietuvos Energija, UAB

Lietuvos energija, UAB, (hereinafter – the Company) identification code 301844044, registered office address at Žvejų str. 14, Vilnius, Republic of Lithuania. The total nominal value of issued bonds 300 000 000 EUR; ISIN code XS1646530565. 

The Company informs that on 07-08-2017 it signed an agreement on the purchase-sale of the shares of Duomenų logistikos centras, a subsidiary of Lietuvos Energija UAB with Telia Lietuva, AB, whereby the Company sold to Telia Lietuva, AB 79.64 %.shares of Duomenų logistikos centras, UAB. Together  with the Company, LITGRID, AB another shareholder of UAB Duomenų logistikos centras, sold 20.36 % of its shares. 

The  shares of UAB Duomenų logistikos centras are sold in the light of the objective of refining the operations of the Lietuvos Energija entity Group as defined in the Company’s strategy by eliminating its non-core activities. 

Commenced in November last year, the process of the sale of Duomenų logistikos centras, UAB  is expected to be finalised by the beginning of 2018 having obtained the relevant  authorisation from the Competition Council. Till then the transaction amount will not be publicly disclosed. 

For more information please read the  attached press release.

         Ernesta Dapkienė
         Director of Corporate Communications Division of Lietuvos energija
         Tel.: +370 69934825
         Email: Ernesta.Dapkiene@le.lt

Attachments:

2017_08_07 Lietuvos Energija and Litgrid Signed a Duomenu Logistikos Centras Sales Agreement with Telia Lietuva.pdf