Notification on material event
Lietuvos Energija, UAB approved the reorganisation of Energijos Tiekimas, UAB and Energijos Sprendimų Centras, UAB
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.
As part of the implementation of the new strategy, and the gradual consolidation of electricity, natural gas supply and trading operations as well as related activities, Lietuvos Energija approved terms and conditions for the reorganisation of Energijos Tiekimas, UAB and Energijos Sprendimų Centras, UAB on 8 October 2018. According to terms of reorganisation Energijos Sprendimų Centras, UAB will be merged with Energijos Tiekimas, UAB that will continue its activities. Assets, rights and obligations of Energijos Sprendimų Centras will be transferred to Energijos Tiekimas, UAB. UAB Energijos Sprendimų Centras will terminate its activities without liquidation procedure after the merger. The reorganisation of the companies is scheduled to be completed early this November.
As it was announced before, the consolidation of electricity, natural gas supply and trading operations as well as related activities of Lietuvos Energija Group companies will enable creation and development of higher quality services, and provision of them to customers faster and more efficiently.
The Company will inform about its further actions in the manner set forth by laws.
More information: Laura Šebekienė, Head of Corporate Communications of Lietuvos Energija +370 633 99940, firstname.lastname@example.org