Panevezio Statybos Trestas

Related Party Transaction • Sep 4, 2018

Disclosure 364331

Panevezio Statybos Trestas - Notification on material event

On September 4th, Panevezio statybos trestas AB (PST) and Vilniaus silumos tinklai AB (VST) have concluded the transaction in the amount of 2.178 mln. for purchasing of the former VST office building in V. Kudirkos Street.

The complex of buildings for various purposes and of different areas acquired by PST together with transfer of the rental rights in respect for the state owned land plot cover the area of 3111 m2, of which the area of the office build is about 673 m2 and the area of the adjacent garages and other structures is about 408 m2. Referring to the business plan, these buildings should be demolished, utility networks should be relocated and new apartment and commercial buildings should be built.

More information:

Managing Director

Dalius Gesevicius

Tel.: (+370 45) 505 503