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Provider: GlobalData
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Provider: GlobalData
$125.00
Provider: GlobalData
$125.00

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Lesto AB Transfers 38.87% Stake of UAB Tetas to Litgrid AB while Litgrid AB Divests 25.03% Stake Held in UAB Elektros Tinklo Paslaugos to Lesto AB


Tuesday, 8 Jan 2013 09:46am EST 

Lesto AB announced, following the decision of Lesto AB’s Board of October 30, 2012, that Lesto AB and Litgrid AB have concluded a share swap agreement on January 7, 2013. Under the share swap agreement, Lesto AB has transferred shares of UAB Tetas owned by Lesto AB and equal to 38.87% of the authorized capital of UAB Tetas to Litgrid AB. In exchange, Lesto AB acquired shares of UAB Elektros Tinklo Paslaugos owned and transferred by Litgrid AB, which amount to 25.03% of UAB Elektros Tinklo Paslaugos authorized capital. After the acquisition, Lesto AB is now the sole shareholder of UAB Elektros Tinklo Paslaugos. UAB Elektros Tinklo Paslaugos provides services of electrical construction, reconstruction, repair and maintenance. 

Company Quote

0.698
0.011 +1.60%
18 Dec 2014