Regarding the end of Ignitis Grupė‘s official tender offer for shares of Ignitis Gamyba, AB

AB “Ignitis gamyba” (hereinafter referred to as the GEN) company code 302648707, registered office placed at Elektrinės st. 21, Elektrėnai. The total number of registered ordinary shares issued by company is 648 002 629; ISIN code LT0000128571.

Ignitis Grupė informs that on 22 April 2020 the official tender offer for the shares of the subsidiary Ignitis Gamyba, AB (hereinafter – GEN) has ended.

Ignitis Grupė plans to initiate the mandatory repurchase of shares of GEN and apply to the Supervision Service of the Bank of Lithuania with a request to coordinate the prices of mandatory share repurchase.

Ignitis Grupė plans to provide the same price for required share buy-out that was paid during the tender offer. It is planned to offer EUR 0.640 for one share of GEN.

During Ordinary General Meeting of Shareholders of GEN on 30 April 2020 a decision will be made on the payment of dividends of EUR 0.056. If the payment of dividends is approved, investors who have sold shares during the official tender offer will receive a dividend-equivalent premium to the tender offer price. Meanwhile, investors who have sold the shares during the mandatory buy-out after the rights accounting day will receive dividends in accordance with law. Thus, both groups of investors will receive the same financial benefits.

Shareholders who sold the shares during the official tender offers also acquired a pre-emptive right to acquire the shares of Ignitis Grupė during initial public offering. Ignitis Grupė plans to implement retail offering. Thus, minority shareholders of GEN who will sell shares during the mandatory offer will have the opportunity to acquire shares of Ignitis Grupė on equal terms with other market participants.

Information, related to mandatory share buy-out, will be communicated publicly, and each shareholder will be informed by a registered letter.

Relevant information on share buy-out is published at .

Tadas Markevičius, Public Relations Manager, +370 676 28911,