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Pin to quick picksAb Ignitis. A Regulatory News (80JT)

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Ownership rights of all Ignitis Gamyba shares have been transferred to Ignitis Group

9 Sep 2021 15:07

Ownership rights of all Ignitis Gamyba shares have been transferred to Ignitis Group

AB “Ignitis grupė” (hereinafter – the Company) informs that following the decision of Vilnius District Court (hereinafter – the Court) of 27 August 2021, the managers of securities accounts on 9 September have transferred the money for the shares of AB “Ignitis gamyba” (hereinafter – Ignitis Gamyba) held by the minority shareholders (their rightful successors) in their personal securities accounts. The money will be transferred to the shareholders (their rightful successors) holding shares of Ignitis Gamyba in the issuer’s accounts after submitting a request to SEB bank (see below).

On 9 September 2021 the managers of securities accounts made records on the transfer of ownership rights for the remaining 574,803 units of shares of Ignitis Gamyba to the Company and, from this day, 100% of Ignitis Gamyba shares are held by the Company.

The money for Ignitis Gamyba shares was transferred to those shareholders (their rightful successors) who held the shares in personal securities accounts. Those shareholders (their rightful successors) who hold the shares in the issuer’s accounts, can receive the money from 9 September by contacting SEB bank. This requires a free form application:

SEB bank customers can do that at any SEB bank branch or using a SEB internet banking system. It should be indicated which company’s shares must be paid for and the number of the private account to which the money should be transferredNon-SEB bank customers can submit a request to transfer the money for the shares by booking a meeting at a SEB bank’s branch in advance. Persons must have an identity document and a document confirming the right of ownership of the shares held at the time of the visit

As the Company previously announced on 27 August 2021 (link) the Court has made a decision in the case where the shareholders of Ignitis Gamyba were identified as deceased to approve the Company’s statement on the establishment and recognition of a fact of legal significance that the remaining 574,803 units of unsold shares during the mandatory buyout of shares of Ignitis Gamyba are the property of the Company and obliged the managers of securities accounts to make records on the transfer of the rights of ownership to the Company.

The Company also reminds that on 30 April 2021 the Court had already made a decision in the case where the shareholders of Ignitis Gamyba were not identified as deceased to approve the Company’s statement on the establishment and recognition of a fact of legal significance that 11,113,442 units out of 11,688,245 units of unsold shares during the mandatory buyout of shares of Ignitis Gamyba are the property of the Company and obliged the managers of securities accounts to make records on the transfer of the rights of ownership to the Company (link). The aforementioned Court decision has already been enforced and is effective.

For additional information please contact:

Artūras KetleriusHead of Public Relations at Ignitis Grouparturas.ketlerius@ignitis.ltTel. +370 620 76076

Date   Source Headline
17th Sep 20217:00 amGNWRegarding the public consultation on the methodology of the Networks segment
9th Sep 20213:07 pmGNWOwnership rights of all Ignitis Gamyba shares have been transferred to Ignitis Group
9th Sep 20217:07 amGNWOn the decision of General Court of the European Union
31st Aug 20212:10 pmGNWPreliminary financial data for 7 months of 2021
31st Aug 20217:19 amGNWNotice on convening the Extraordinary General Meeting of Shareholders
31st Aug 20217:15 amGNWInterim report for the first half-year 2021
27th Aug 20212:35 pmGNWThe court allowed to transfer the remaining shares of Ignitis Gamyba
27th Aug 20212:05 pmGNWOn the rescheduling of smart meter roll-out programme
27th Aug 20217:40 amGNWOn the statement of the majority shareholder of AB “Ignitis grupė”
27th Aug 20217:00 amGNWOn the designated supply contract
26th Aug 20217:00 amGNWA selection for the position of CEO of UAB “Ignitis renewables” has been announced
23rd Aug 20213:00 pmGNWIgnitis Group to present H1 2021 results on 31 August
17th Aug 20212:01 pmGNWRegarding the letter from the majority shareholder
13th Aug 20217:00 amGNWOn the intention to acquire three wind farms developed in Latvia
3rd Aug 20217:00 amGNWOn the established rate of return on investments
29th Jul 202111:50 amGNWResolutions of Extraordinary General Meeting
29th Jul 20217:00 amGNWPreliminary financial data
12th Jul 20217:00 amGNWAB “Ignitis grupė” receives ESG risk rating upgrade
7th Jul 20212:19 pmGNWNotice convening the Extraordinary General Meeting of AB “Ignitis grupė” shareholders
7th Jul 20212:01 pmGNWConcerning the decision to extend the Long Stop Date of Stabilized securities
2nd Jul 20212:10 pmGNWOn the amendment of the procedure for forming the Audit Committee of AB “Ignitis grupė”
29th Jun 20217:00 amGNWPreliminary financial data of Ignitis Group for 5 months of 2021
23rd Jun 20213:05 pmGNWRegarding the Investor’s Letter
23rd Jun 20217:00 amGNWConcerning the appointment of the General Manager and the Chairman of the Board of UAB Ignitis, a subsidiary of AB Ignitis grupė
18th Jun 20212:01 pmGNWOn updated areas of activities supervised by Management Board members of AB “Ignitis grupė”
15th Jun 20217:00 amGNWSelection process for the positions of independent members of Supervisory Board
10th Jun 20217:00 amGNWThe consolidation project of renewable energy companies was approved
4th Jun 20217:00 amGNWOn the resignation of Dominykas Tučkus, Management Board Member of AB “Ignitis grupė”
31st May 20212:01 pmGNWNotice on the contract
27th May 20212:09 pmGNWPreliminary financial data
27th May 20217:00 amGNWInterim report for the first quarter of 2021
26th May 20213:24 pmGNWAB “Ignitis grupė” has retained BBB+ credit rating
21st May 20213:05 pmGNWOn the conclusion of the guarantee service agreement
21st May 20212:22 pmGNWOwnership rights of part of Ignitis Gamyba's shares have been transferred
18th May 20212:01 pmGNWAB “Ignitis grupė” intends to sign a guarantee
17th May 20217:00 amGNWIgnitis Group to present Q1 2021
14th May 20212:45 pmGNWRegarding the ownership rights of part of Ignitis Gamyba‘s shares and transfer of money for shareholders
13th May 20217:00 amGNWOn termination of concluded option agreements
10th May 20212:24 pmGNWOn the liquidation of UAB “Energetikos paslaugų ir rangos organizacija”
7th May 20212:18 pmGNWRegarding the stabilized securities
5th May 20217:00 amGNWOn the decision of General Court of the European Union
4th May 20213:12 pmGNWApproved acquisition of a company
4th May 20218:59 amGNWOn received court claim
30th Apr 20212:43 pmGNWThe Court allowed to transfer shares
29th Apr 20217:00 amGNWPreliminary financial data of Ignitis Group
27th Apr 20215:34 pmGNWOn the information distributed via media sources
20th Apr 20217:00 amGNWEnlight Research coverage
15th Apr 20212:56 pmGNWOwnership rights of all ESO shares have been transferred to Ignitis Group
14th Apr 20217:00 amGNWThe decision to conclude the contract with the supplier for the procurement of smart metering infrastructure
2nd Apr 20214:20 pmGNWThe Court allowed to transfer ESO shares

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