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Regarding the decisions adopted at the General meetings of shareholders of subsidiaries and the intention to make an official tender offer

UAB Ignitis grupė, (hereinafter – the Company) identification code 301844044, registered office placed at Žvejų str. 14, Vilnius, Republic of Lithuania. The total nominal value of issued bonds 600 000 000 EUR; ISIN codes XS1646530565; XS1853999313.

The Extraordinary General Meetings of Shareholders of Ignitis Group’s subsidiaries AB Energijos skirstymo operatorius and AB Ignitis gamyba, that were held on 4 December 2019, adopted the decision to delist all shares of AB Energijos skirstymo operatorius and AB Ignitis gamyba from trading on the Nasdaq Vilnius Stock Exchange. In accordance with the Law of the Republic of Lithuania on Securities, a formal tender offer to buy-in the issuer's shares admitted to trading on a regulated market operating in the Republic of Lithuania must be submitted and implemented following the adoption of decision to delist the issuer‘s shares from trading on a regulated market operating in the Republic of Lithuania. The aforementioned Extraordinary General Meetings of Shareholders also adopted the decision to approve the shareholder UAB Ignitis Group as a person that will make an official tender offer to buy-in the shares of AB Energijos skirstymo operatorius and AB Ignitis gamyba that are admitted to trading on the Nasdaq Vilnius Stock Exchange.

We hereby notify that UAB Ignitis Group intends to make an official tender offer aimed at delisting the shares of AB Energijos skirstymo operatorius and AB Ignitis gamyba from trading on the Nasdaq Vilnius Stock Exchange.

Detailed information on the terms of the official tender offer, including the proposed price of the shares, will be disclosed in accordance with the legislation after the Bank of Lithuania will approve the tender offer circular. 

Information about the above resolutions shall be provided on the website of AB Energijos Skirstymo Operatorius at www.eso.lt and AB Ignitis gamyba at www.ignitisgamyba.lt from the date of this notice as well as on the premises of AB Energijos Skirstymo Operatorius (Aguonų str. 24, Vilnius) during working hours (7.30–11.30 a.m. and 12.15–4.30 p.m.; 7.30–11.30 a.m. and 12.15–3.15 p.m. on Fridays) and on the premises of AB Ignitis gamyba (Elektrinės str. 21, Elektrėnai or Žvėjų str. 14, Vilnius) during working hours (7.30–11.30 a.m. and 12.15–4.30 p.m.; 7.30–11.30 a.m. and 12.15–3.15 p.m. on Fridays).

Artūras Ketlerius, Head of public relations, arturas.ketlerius@ignitis.lt