Ignitis Grupe — M&A Activity 2019

Oct 21, 2019

Regarding the initiation of reorganisation of Verslo aptarnavimo centras, AB and Ignitis grupės paslaugų centras, UAB

Regarding the initiation of reorganisation of Verslo aptarnavimo centras, AB and Ignitis grupės paslaugų centras, UAB

AB Ignitis Gamyba, identification code 302648707, registered office placed at Elektrinės str. 21, LT-26108 Elektrėnai, the Republic of Lithuania (hereinafter referred to as the Company). The total number of registered ordinary shares issued by the Company is 648 002 629; ISIN code LT0000128571.

The company informs that on the 21st of October 2019, the General Meetings of Shareholders of Verslo aptarnavimo centras, AB (hereinafter – VAC) and Ignitis grupės paslaugų centras, UAB (hereinafter – GPC), of which the company is a shareholder, have approved the initiation of reorganisation of VAC and GPC by merging VAC to GPC and obligated the boards of both companies to draw up their reorganisation terms.

The reorganisation of the companies is scheduled to be completed by the end of 2019.

VAC and GPC provide services for the companies of Ignitis Group, therefore, the reorganisation of VAC and GPC will enable the 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.

Berta Jasiukėnaitė, Public relations project manager, +370 694 60771, berta.jasiukenaite@ignitis.lt