LITGRID - Notification on material event

Litgrid sold shares of Technologijų ir inovacijų centras to Lietuvos energija

Vilnius, Lithuania, 2017-05-16 15:26 CEST (GLOBE NEWSWIRE) -- In accordance
with the decision adopted in AB Litgrid (legal entity code - 302564383)
Ordinary General Meeting of Shareholders on 25 April 2017, on 15 May 2017 AB
Litgrid and UAB Lietuvos energija (legal entity code 301844044) have signed an
agreement to sell UAB Technologiju ir inovaciju centras shares owned by
Litgrid. Under this agreement AB Litgrid has transfered to UAB Lietuvos
energija the ownership of 1000 units of ordinary registered non-material shares
of UAB Technologiju ir inovaciju centras (legal entity code 302464881). This
constitutes to 0.004 % of all UAB Technologiju ir inovaciju centras shares. 

Shares were sold for EUR 847, calculated in accordance with the point 1.1 of
the shareholder‘s agreement no. SUT-309-15. The transfer of the selling price
is considered the moment of share ownership transition to UAB Lietuvos
energija. 


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