Regarding the non-monetary contribution to the authorized capital of Lietuvos Energijos Gamyba, AB
Lietuvos Energija, UAB, (hereinafter – the Company or Lietuvos Energija) identification code 301844044, registered office placed at Žvejų str. 14, Vilnius, Republic of Lithuania. The total nominal value of issued bonds 300 000 000 EUR; ISIN code XS1646530565.
Lietuvos Energija announces that on 30 March, 2018 the Company and Lietuvos Energijos Gamyba, AB (hereinafter – Lietuvos Energijos Gamyba) concluded the Share Subscription Agreement, which stipulates that the ownership of Vilnius Third Combined Heat and Power Plant will be transferred to the Company from 31 March, 2018 00:00 h.
On 5 March 2018, the board of the Company made a decision to approve the initiation of contribution of assets of Vilnius Third Combined Heat and Power Plant to the authorised capital of Lietuvos Energijos Gamyba, AB as contribution in kind. On 26 March, 2018 the general meeting of shareholders of Lietuvos Energijos Gamyba approved this decision.
Value of the contributed assets of Vilnius Third Combined Heat and Power Plant that amounts to EUR 8 061K EUR was set by the independent asset valuers.