VST Reports Regarding LEO LT Debts Takeover
OREANDA-NEWS. July 15, 2010. Continuing of the LEO LT, AB liquidation and implementing energy sector reform plan (which is approved by the Government), on 4th of June, 2010 Visagino atomine elektrine, UAB (code - 301844044, registered office address Zveju g.14, Vilnius), 100% indirectly controlled by the Republic of Lithuania, acquired from the liquidating LEO LT, AB 3 651 534 ordinary registered shares (face value of each share is equal to 30 (thirty) LTL) of VST, AB. These shares are acquired by increasing Visagino atomine elektrine, UAB share capital.
On 12th of July, 2010 Visagino atomine elektrine, UAB took from the liquidating LEO LT, AB outstanding debts (15 331 778,60 LTL) under the contract, concluded on 3th of December, 2009 between VST, AB and LEO LT, AB.
Visagino atomine elektrine, UAB owns 3 651 534 shares (98,2 percent) of VST, AB.
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