Regarding a planned merger of LESTO AB and Lietuvos Dujos

New Post Public Reply Private Reply Replies (0) Message Board
News Desk 2018
Regarding a planned merger of LESTO AB and Lietuvos Dujos AB

LESTO AB (hereinafter – LESTO, Company), identification code 302577612, registered office placed at Žvejų str. 14, Vilnius, Republic of Lithuania. The total number of registered ordinary shares issued by company is 603 944 593; ISIN code LT0000128449.  

On 3 of March, 2015, LESTO received a letter from the Company’s shareholder - Lietuvos Energija, UAB (hereinafter - Lietuvos Energija), holding 94,39 percent of LESTO shares - containing information about expected changes. The letter informs that the Board of Lietuvos Energija  approved the concept of activity chain purifying programme for Lietuvos Energija group, foreseeing  the merger of LESTO and Lietuvos Dujos AB to the joint venture distribution network company. It is expected that a plan of a detailed project will be approved in April, 2015 and the implementation is planned by  the end of December, 2015.

Any subsequent actions and decisions will be announced by LESTO publicly according to the laws.

Information is not confidential.

         Representative for Public Relations Martynas Burba, Tel. No (8~5) 251 4516.

Scroll down for more posts ▼

Top 10 Most Recent News Articles

Top 5 Most Recently Viewed Articles

AutoNation Grows with New Toyota Dealership in Baltimore Area

Updated Category News Views 97

AutoNation Marks Expansion with New Toyota Dealership AutoNation, Inc. (NYSE: AN) has made a significant move by acquiring Jerry's Toyota, transforming it into AutoNation Toyota White Marsh. This strategic acquisition highlights AutoNation's commitment to enhancing its footprint in the automotive retail market. Impact of the Acquisition on AutoNation The acquisition is...

Continue Reading
Titanium Market Set to Skyrocket: Key Insights and Trends

Updated Category News Views 158

Titanium Market Boom: What You Need to Know Alright, let’s break this down—the titanium market is on fire. Seriously, it’s like the second coming of the dot-com boom, only with metal. As of 2024, this market was valued at a hefty USD 29.64 billion and is projected to nearly double by 2032, reaching around USD 47.96 billion. That's a CAGR of 6.2%, folks. You don’t...

Continue Reading
Driving Renewable Energy Forward: Envision Energy at COP29

Updated Category News Views 135

Driving Renewable Energy Forward The 29th Conference of the Parties to the UN Framework Convention on Climate Change is currently taking place, highlighting the essential discussions surrounding global climate governance. Among the key contributors at this significant event is Kane Xu, Senior Vice President of Envision Energy. As a representative of a leading global...

Continue Reading
Yorbeau Resources Completes Successful Private Placement Deal

Updated Category News Views 63

Yorbeau Resources Completes Private Placement Successfully Yorbeau Resources Inc. is excited to share recent developments in its financial strategy, highlighting a significant achievement through a fully-subscribed private placement. This initiative enabled the Company to issue 13,750,000 flow-through Class A common shares at $0.08 per share, garnering a total of...

Continue Reading
The Future of Lithium-Ion Battery Recycling and Its Growth

Updated Category News Views 187

Understanding the Expanding Lithium-Ion Battery Recycling Market The lithium-ion battery recycling market is witnessing a remarkable transformation as global interest in sustainability and electric vehicles (EVs) surges. According to recent analyses, this market was valued at around USD 9.17 billion and is projected to escalate significantly, reaching approximately USD...

Continue Reading