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Regarding the pre-emptive right of the minority shareholders of AB Ignitis gamyba and AB Energijos skirstymo operatorius to acquire the shares of Ignitis Group during planned initial public offering

Written by Customer Service on . Posted in Public Companies.

AB 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 900 000 000 EUR; ISIN codes XS1646530565; XS1853999313; XS2177349912.The Company decided that the minority shareholders of its subsidiaries AB Ignitis gamyba (hereinafter – Ignitis gamyba, GEN) and AB Energijos skirstymo operatorius (hereinafter – ESO), who comply with the settlement agreement (hereinafter – the Agreement) of 17 March 2020, will retain the privilege to acquire the shares of Ignitis Group during the initial public offering of the Company’s shares.In the company’s view, the actions of one shareholder of Ignitis Gamyba should not affect all minority shareholders who comply with the Agreement.AB Ignitis Grupė informs that on 5 August 2020 it made a decision that the minority shareholders of Ignitis gamyba and ESO who comply with the Agreement will retain the pre-emptive right to acquire the Company’s shares during the planned initial public offering notwithstanding received claim regarding buy-out price of shares (link to reference). This means that during the initial public offering of the Company, each minority shareholder of Ignitis gamyba and ESO who:does not complain and / or does not participate in a case, the subject matter of which would be related to the delisting of ESO and/or GEN and mandatory buy-out of shares of ESO and/or GEN and/or initial public offering of Ignitis Group and/or dividends to shareholders of ESO and/or GEN and/or dispute about prices and/or decisions of mandatory buy-out of shares of ESO and/or GEN.On the day of signing the Agreement, was a shareholder of ESO and / or GEN and sold shares of ESO and / or GEN to Ignitis Group during an official tender offer;will be able to acquire shares of Ignitis Group during the initial public offering for sum which is equal to the number of shares held by the shareholder multiplied by EUR 0,880 for one share of ESO and by EUR 0,640 for one share of GEN, adding the sum of dividends paid in 2020 for the financial year of 2019 which is proportional to the number of shares held by the shareholder.For more information please contact:Artūras Ketlerius
Head of Public Relations at Ignitis Group
arturas.ketlerius@ignitis.lt

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