Notification on material event
Lietuvos Energija, UAB, initiated a reorganisation of Energijos Tiekimas UAB and UAB Energijos Sprendimų Centras
Lietuvos Energija, UAB (hereinafter – the Company or Lietuvos Energija), legal entity code: 301844044, registered office address: Žvejų st. 14, LT-09310 Vilnius. The gross nominal value of the bonds issued by Lietuvos Energija, UAB, is EUR 600,000,000, ISIN codes – XS1646530565; XS1853999313.
For the purpose of implementing the new strategy and gradually consolidating the activities of electricity and natural gas trading and supply, Lietuvos Energija approved the initiation of reorganisation of Energijos Tiekimas UAB (hereinafter – ET) and UAB Energijos Sprendimų Centras (hereinafter – ESC) by merging ESC to ET, which will continue its operations. Lietuvos Energija also obligated the boards of both companies to draw up their reorganisation terms.
As previously announced, the consolidation of trading and supply operations of the companies of Lietuvos Energija Group will improve the environment for developing and creating higher quality services and providing such services to customers in a faster and more efficient way.
The Company will inform about its further actions in the manner set forth by laws.
For more information:
Communications Division of Lietuvos Energija
+370 616 29804