Skip to main content

Regarding the completion of the sale of the shares of UAB Duomenų logistikos centras, a subsidiary of LITGRID AB

Written by Customer Service on . Posted in Public Companies.

LITGRID AB (hereinafter – LITGRID or the Company) identification code 302564383, registered office placed at Viršuliškių skg. 99B, Vilnius.
The Company informs that on 7th July 2020 together with Ignitis grupė, UAB (hereinafter – Ignitis grupė) has executed closing of a transaction under a share sale-purchase agreement concluded with QEIF II Development Holding Sàrl, a subsidiary of Quaero European Infrastructure Fund II, managed by Quaero Capital, regarding the sale of shares of its subsidiary UAB Duomenų logistikos centras (hereinafter – DLC). Following the agreement, the Company sold 20.36% of shares, whereas Ignitis grupė – 79.64% of shares of DLC. Upon closing „QEIF II Development Holding Sàrl” has acquired a title to 100% of DLC.The title to shares of DLC to QEIF II Development Holding Sàrl was transferred following the decision of Coordination Commission for the Protection of Objects of National Security of the Republic of Lithuania on compliance of the transaction with national security interests, and the adoption of decision on consent for the sale of the DLC shares by  extraordinary General Meeting of Shareholders of Litgrid. The total value of the transaction is EUR 10.1 million.For more information please contact:
Paulė Pupinytė-Bružienė
Head of Communication Division
Phone: +370 6112095
e-mail: paule.pupinyte-bruziene@litgrid.eu

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals

Before you continue, please confirm the following:

Professional advisers only

I am a professional adviser and would like to visit the GOLDEA CAPITAL for Professionals website.

Important Notice for Investors:

The services and products offered by Goldalea Capital Ltd. are intended exclusively for professional market participants as defined by applicable laws and regulations. This typically includes institutional investors, qualified investors, and high-net-worth individuals who have sufficient knowledge, experience, resources, and independence to assess the risks of trading on their own.

No Investment Advice:

The information, analyses, and market data provided are for general information purposes only and do not constitute individual investment advice. They should not be construed as a basis for investment decisions and do not take into account the specific investment objectives, financial situation, or individual needs of any recipient.

High Risks:

Trading in financial instruments is associated with significant risks and may result in the complete loss of the invested capital. Goldalea Capital Ltd. accepts no liability for losses incurred as a result of the use of the information provided or the execution of transactions.

Sole Responsibility:

The decision to invest or not to invest is solely the responsibility of the investor. Investors should obtain comprehensive information about the risks involved before making any investment decision and, if necessary, seek independent advice.

No Guarantees:

Goldalea Capital Ltd. makes no warranties or representations as to the accuracy, completeness, or timeliness of the information provided. Markets are subject to constant change, and past performance is not a reliable indicator of future results.

Regional Restrictions:

The services offered by Goldalea Capital Ltd. may not be available to all persons or in all countries. It is the responsibility of the investor to ensure that they are authorized to use the services offered.

Please note: This disclaimer is for general information purposes only and does not replace individual legal or tax advice.