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Litgrid AB Audit Report / Information 2024

Nov 26, 2018

2262_rns_2018-11-26_769cbefa-a32d-4e09-9e61-fa61d82705e2.html

Audit Report / Information

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Concerning the opinion of the Audit Committee

Concerning the opinion of the Audit Committee

Lithuanian electricity transmission operator LITGRID AB (business ID 302564383, registered office address A. Juozapavičiaus 13, LT-09311, Vilnius), informs that the opinion of The Audit Committee of the holding company UAB EPSO-G was received on an intended transaction of the daughter company Tetas UAB.

On 19th November The Audit Committee of EPSO-G UAB stated, that:

The transaction of buying of a part of business of Energetikos paslaugų ir rangos organizacija UAB, intended by and between TETAS UAB and Energetikos paslaugų ir rangos organizacija UAB is an arm’s length transaction (the price of the Transaction does not exceed the market price determined in a valuation made by an independent expert and the market interest rate is applied) and the Transaction is fair and justified with respect to shareholders of LITGRID AB.

The opinion of The Audit Committee of EPSO-G UAB in enclosed.

The individual authorised by LITGRID AB to provide additional information: 

Jurga Eivaitė 

Head of Communication Division

phone. +370 613 19977

e-mail: [email protected]

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