Litgrid AB — M&A Activity 2018

Jun 14, 2018

Disclosure 362630

LITGRID - Other information

Regarding the transaction on sale of the shares of Duomenų logistikos centras, UAB, a daughter company of LITGRID, AB

LITGRID, AB, (hereinafter – the Company) identification code 302564383, registered office address A. Juozapavičiaus g. 13, Vilnius), Vilnius, Republic of Lithuania.

The Company informs that on 13-06-2018 the Management Board of the Company has approved termination of agreement on the purchase-sale of the shares of Duomenų logistikos centras, UAB, a daughter company of LIGRID AB with Telia Lietuva, AB, and „Lietuvos energija“, UAB whereby the Company has intended to sell to Telia Lietuva, AB 20.36 % shares of Duomenų logistikos centras, UAB, together with the Company, „Lietuvos energija“, UAB another shareholder of UAB Duomenų logistikos centras, had to sell 79.64 % of its shares.

The decision to terminate the agreement has been taken by mutual agreement of parties to the transaction, „Lietuvos energija“, UAB, Litgrid AB and Telia Lietuva, AB taking into consideration proposal of Telia Lietuva, AB.

The individual authorised by Litgrid AB to provide additional information:

Jurga Eivaitė

Head of Communication Division

phone. +370 616 35731

e-mail: jurga.eivaite@litgrid.eu