OREANDA-NEWS. December 22, 2015. Public limited liability company Lietuvos Dujos, identification code 120059523, the address of the head office: Aguon? str. 24, LT-03212 Vilnius, The Republic of Lithuania. The total number of registered ordinary shares issued by the Company 290 685 740, ISIN code LT0000116220.

Lietuvos Dujos, AB (hereinafter referred to as the “Company”) hereby notifies that on 18 December 2015, the Company received a letter from Lietuvos Energija, UAB (hereinafter referred to as “Lietuvos Energija”) which controls 96.64% of the Company’s shares whereby information was provided on the resolutions carried by the Supervisory Board of Lietuvos Energija.

The letter pointed out that during the meeting which was held on 18 December 2015 the Supervisory Board of Lietuvos Energija approved Liudas Liutkevi?ius for the candidacy to the office in the Management Board of Energijos Skirstymo Operatorius, AB (company code 304151376, registered office Aguon? g. 24, Vilnius) (namely, Chairman of the Board and General Manager) as proposed by the Management Board of Lietuvos Energija. Liudas Liutkevi?ius currently holds the position of the Chairman of the Management Board and General Manager of the Company.

The Company reminds that during the extraordinary general meetings of shareholders of the Company and LESTO, AB, which took place on 3 December 2015, the resolutions were adopted to reorganise these companies by setting up a new legal entity, namely, Energijos Skirstymo Operatorius, AB, following their merger.  The same day, during the meetings of the Supervisory Board and Management Board of Energijos Skirstymo Operatorius, AB, Aidas Ignatavi?ius was elected to hold the position of the Chairman of the Board and of the General Manager of Energijos Skirstymo Operatorius, AB.

On 8 December 2015, announcements on corporate action of Lietuvos Dujos, AB and LESTO, AB under reorganisation, was made  notifying of the resignation of Aidas Ignatavi?ius from the office of the Chairman of the Management Board and the General Manager of  LESTO, AB and Energijos Skirstymo Operatorius, AB from 1 January 2016, given the fact that on the same day he was elected to the position of the General Manager of Vilniaus Vandenys, UAB.

The Company hereby notifies that in the nearest future all actions related to the assignment of Liudas Liutkevi?ius to the office of the Chairman of the Management Board and the General Manager of Energijos Skirstymo Operatorius, AB, will be taken in accordance with the procedure established by legislation.