OREANDA-NEWS. “Lietuvos energijos gamyba”, AB (company code 302648707, registered office at Elektrines str. 21, Elektrenai) (the Company), informs that, in accordance with the decision of the Board of the Company, on 31 March, 2015 the Company has signed an agreement to sell 100% of shares of Energijos tiekimas UAB (company code 302449388) and 100% of shares of UAB “Kauno energetikos remontas” (company code 135617795) to its parent company “Lietuvos energija”, UAB (company code 301844044).

Under this agreement the Company sold to “Lietuvos energija”, UAB 15,244,112 ordinary registered shares with par value 0.29 Euro each, which is 100% of authorised capital of UAB “Kauno energetikos remontas”, and 750,000 ordinary registered shares with par value 0.29 Euro each, which is 100% of authorised capital of Energijos tiekimas UAB.

Energijos tiekimas UAB shares sold in accordance with valuation of the independent advisors for 6,883,398.98 Euro.

UAB “Kauno energetikos remontas” shares sold in accordance with valuation of the independent advisors for 4,778,151.07 Euro.

The Company now holds 41.74% of shares of NT Valdos, 23.44% of shares of UAB “Geoterma”, 20% of shares of UAB Technologiju ir inovaciju centras and 15% of shares of UAB Verslo aptarnavimo centras.