Agreement with UAB EPSO-G

The terms of the agreements provide for the paying by LITGRID AB to UAB EPSO-G of 15 percent from the total amount of tax loss taken over, i.e.  EUR 680,000.00 for the year 2014 and EUR 680,000.00 for the year 2015. These transactions will not affect the Company's bottom line.Please find...

On 13 July 2018, 16/07/2018 (informazione.news - comunicati stampa - energia)

The terms of the agreements provide for the paying by LITGRID AB to UAB EPSO-G of 15 percent from the total amount of tax loss taken over, i.e.  EUR 680,000.00 for the year 2014 and EUR 680,000.00 for the year 2015. These transactions will not affect the Company's bottom line.

Please find attached UAB EPSO-G Audit Committee's Opinion stating that the transaction is fair in respect to all the shareholders of LITGRID AB and that the transfer of tax losses is carried out in accordance with the procedure provided for by the Law on Income Tax. 
Enclosure.  UAB EPSO-G Audit Committee's Opinion as of 18 June 2018 on the transaction with a related party.
The individual authorised by LITGRID AB (the issuer) to provide additional information on the material event:
Jurga Eivaitė 
Head of Communication Division
phone. +370 616 35731
e-mail:  jurga.eivaite@litgrid.eu

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