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2020-08-13
Concerning Energijos Skirstymo Operatorius (ESO) mandatory buy-out procedure
Nasdaq Vilnius
Announcement from the exchange
Concerning Energijos Skirstymo Operatorius (ESO) mandatory buy-out procedure
Please be informed that today AB Ignitis Grupe have announced material
information that on 10 August 2020 Vilnius Regional Court (hereinafter – the
Court), received a claim from V. P. Vaitaitis, a shareholder of AB Energijos
skirstymo operatorius (hereinafter - ESO), requesting the court:
-- To determine the fair buyout price of his ESO shares;
-- To suspend mandatory buy-out of shares of ESO until final decision in this
case becomes effective.
The Court informed the Company that on 12 August 2020 it applied the temporary
protection measures and suspended mandatory buy-out of shares of ESO until
final decision in this case becomes effective. This means that as of this date,
financial intermediaries can not accept shareholders’ requests to sell ESO
shares.”
The full disclosure can be found here:
https://cns.omxgroup.com/cdsPublic/viewDisclosure.action?disclosureId=951122&mes
sageId=1198373
Taking into account measures applied by the Vilnius Regional Court concerning
ESO mandatory buy-out procedure, please be informed that order execution on
Nasdaq Vilnius Special procedures market orderbook ESO1LTO1 is suspended.
Nasdaq Vilnius Members will retain all ESO orders received from their clients
and will resubmit them when the mandatory buy-out procedure is resumed by the
Court.
Nasdaq Baltic
Transaction Services
+370 5 253 14 54
www.nasdaqbaltic.com
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