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Published: 2016-11-29 16:19:53 CET
Energijos Skirstymo Operatorius AB
Notification on material event

Regarding Energijos Skirstymo Operatorius AB and Druskininkų Šilumos Tinklai Purchase-Sale Agreement of Natural Gas Distribution System

Energijos Skirstymo Operatorius AB (hereinafter – the Company), identification code 304151376, registered office placed at Aguonu str. 24, Vilnius, Republic of Lithuania. The total number of registered ordinary shares issued by company is 894 630 333; ISIN code LT0000130023.                                                  

On the 29th of November, 2016 the Company and Druskininkų Šilumos Tinklai AB has signed the Contract of Purchase-Sale under which the Company has acquired ownership of the Natural Gas Distribution System in Druskininkai. The mentioned infrastructure has been used by the Company under the agreement of Loan for use of Natural Gas Distribution System since the 1st of November, 2016 (signed on 26th of October, 2016).

The latter acquisition together with the commonly agreed list of investments is planned to be submitted to the National Commission for Energy Control and Prices (hereinafter - the Commission) no later than 1st of March, 2017. It should be noted that after the approval of the Commission the investment shall increase the Company's adjustable value of assets and generate an annual return on investment.

         Representative for Public Relations Martynas Burba, tel. (8~5) 2514516.