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VST: Establishment of LESTO AB and the expected plan of actions incorporating LESTO AB into the official list of NASDAQ OMX Vilnius stock exchange

Spekuliantai.lt | 2010-12-13 | NASDAQ OMX biržų naujienos | perskaitė: 1287
Raktiniai žodžiai: VST AB, VST
VST: Establishment of LESTO AB and the expected plan of actions incorporating LESTO AB into the official list of NASDAQ OMX Vilnius stock exchange

VST AB Notification on material event 13.12.2010

Establishment of LESTO AB and the expected plan of actions incorporating LESTO
AB into the official list of NASDAQ OMX Vilnius stock exchange



As it was announced earlier, on 13 December, 2010 the Extraordinary General
Meetings of Shareholders of public limited liability company Rytų skirstomieji
tinklai (reg. no. 110870890, legal form -- public limited liability company,
registered office placed at P. Lukšio str. 5B, Vilnius, the Republic of
Lithuania, (hereinafter - RST) and public limited liability company „VST"
(reg. no. 110870748, legal form - public limited liability company, registered
office placed at J. Jasinskio g. 16C, Vilnius, the Republic of Lithuania,
(hereinafter - VST) adopted decisions to approve the conditions of
reorganization of RST and VST, according to which the companies are reorganized
by merge, and which will end their activities as legal entities after
reorganization, into LESTO AB, which will start functioning after the
reorganization and will take over the assets, rights and obligations RST and
VST.

By this notice it is informed about the following plan of actions, regarding
reorganization of RST and VST:

On 20 December, 2010 -- at the end of the trade in shares session of 20
December, 2010 it is planned to stop the trade in shares of RST and VST shares
in NASDAQ OMX Vilnius Stock Exchange.
Until 27 December, 2010 - it is planned to register LESTO AB in the Register of
Legal Entities of the Republic of Lithuania and to get registration documents.
Until 31 December, 2010 -- it is planned to finish the transfer of the assets,
rights and obligations of RST and VST to LESTO AB.
Until 14 January, 2011 -- it is planned to deregister RST and VST from the
Register of Legal Entities of the Republic of Lithuania.
Until 20th-22 January, 2011 -- it is planned to start the trade in the shares
of LESTO AB on NASDAQ OMX Vilnius Stock Exchange.

The plan of actions described above depends on some factors non-depending from
RST, VST and LESTO AB, that is why during the process it may change. If some
material changes of the plan, mentioned above will be expected, RST, VST and/or
LESTO AB will inform about them additionally.

More information about reorganization of RST and VST is given on internet sites
of the companies http://www.rst.lt/ and http://www.vst.lt.

Information is not confidential.

Manager Marketing and Public Relations Kristina Mažeikytė, tel. (8~5)
251 4500.

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