Ankündigung • Mar 31
Quaero European Infrastructure Fund III managed by Quaero Capital SA completed the acquisition of 49% stake in UAB Vilnius Cogeneration Power Plant from AB Ignitis grupe (NSEL:IGN1L). Quaero European Infrastructure Fund III managed by Quaero Capital SA agreed to acquire 49% stake in UAB Vilnius Cogeneration Power Plant from AB Ignitis grupe (NSEL:IGN1L) for €120 million on February 25, 2026. A cash consideration of €110 million will be paid by Quaero European Infrastructure Fund III and Quaero Capital SA. Quaero European Infrastructure Fund III and Quaero Capital SA will pay an earnout/contingent payment of €10 million cash. As part of consideration, €120 million is paid towards assets of UAB Vilnius Cogeneration Power Plant.
The transaction is expected to be completed in the second quarter of 2026, subject to regulatory approvals from Lithuanian and Latvian authorities and other closing conditions. After the completion of the transaction, the Group will retain control of Vilnius CHP, holding 51% of the shares. As of March 27, 2026, the Latvian Competition Council has cleared Quaero European Infrastructure Fund III to buy 49% stake in Vilnius Cogeneration Plant. On March 26, 2026, Ignitis Group AB has fulfilled a requirement set by the European Commission.
The team of Valiunas Ellex led by Arvydas Grušeckas, Karolis Kacerauskas, Šarunas Keserauskas, Šarunas Keserauskas and Ramunas Petravicius acted as legal advisor to AB Ignitis grupe.
Quaero European Infrastructure Fund III managed by Quaero Capital SA completed the acquisition of 49% stake in UAB Vilnius Cogeneration Power Plant from AB Ignitis grupe (NSEL:IGN1L) on March 30, 2026. Ankündigung • Mar 28
AB Ignitis grupe Announces Composition of Newly Elected Management Board, Effective March 26, 2026 AB Ignitis grupe announced the supervisory board has elected a new Management Board of the Group. The term of the Group's Management Board expired on 25 March 2026; therefore, the Supervisory Board elected a new Management Board on 26 March 2026. Following the Supervisory Board’s decision, the Chair of the Management Board was elected at the first meeting of the new Management Board. Composition of the newly elected Management Board: Darius Maikštenas –Chair of the Management Board and Group CEO (Strategy and Management). He will continue to serve as the Chair of the Management Board and Group CEO until the end of his second term as Group CEO on 28 February 2027. Jonas Rimavicius – Management Board member and Group Chief Financial Officer (Finance); Dr. Živile Skibarkiene – Management Board member and Group Chief Organizational Development Officer (People & Business Support); Vytenis Koryzna – Management Board member and Group Chief Commercial Officer (Energy Markets & Commerce); Mantas Mikalajunas – Management Board member and Group Chief Regulatory Officer (Regulated Business & Government Relations). The Management Board is elected for a four-year term by a decision of the Group’s Supervisory Board. Ankündigung • Dec 12
AB Ignitis grupe, Annual General Meeting, Mar 25, 2026 AB Ignitis grupe, Annual General Meeting, Mar 25, 2026. Ankündigung • Nov 01
AB Ignitis grupe Announces Board and Committee Changes AB “Ignitis grupe” announced that on 31 October 2025 the new Supervisory Board of the Group (hereinafter – the Supervisory Board) elected its new Chair – Alfonso Faubel. A. Faubel is an executive with 36 years’ experience in energy, digitalisation and automotive industries and is valued for his skills in business turnaround, improving operational excellence, working with teams in different cultural environments on assignments worldwide. During more than a decade, he gathered valuable experience in the energy sector, and especially in renewables, both onshore and offshore wind, while working at the leading global players in the market. A. Faubel has held executive responsibilities in Siemens Gamesa and Alstom/GE, which are leading players in the global wind power market. When assuming the role of Senior Vice President at Alstom/GE, he contributed towards launching businesses in 16 new markets. A. Faubel served as Chair of the Group’s Supervisory Board during the previous term. The Supervisory Board consists of a total of nine members – six independent members and three civil servants. On 24 October 2025, the Group announced the resolution of the General Meeting of Shareholders on the election of new members of the Supervisory Board for a four-year term. The Group also informs that on 31 October 2025, the Supervisory Board formed the following Committees from among its members: the Audit and Risk Committee, the Nomination and Remuneration Committee, and the Sustainability Committee. The Committees of the Supervisory Board are formed by a decision of the Supervisory Board for a term of 4 years from at least 3 members. The following members of the Supervisory Board were elected as members of the Audit and Risk Committee of the Supervisory Board: Judith Buss (Committee Chair), Sian Lloyd Rees, Ingrida Muckute and Alfonso Faubel. The following members of the Supervisory Board were elected as members of the Nomination and Remuneration Committee of the Supervisory Board: Lorraine Wrafter (Committee Chair), Jutta Dissen and Aušra Vickackiene. The following members of the Supervisory Board were elected as members of the Sustainability Committee of the Supervisory Board: Tim Brooks (Committee Chair), Lina Liubauskaite and Jutta Dissen. Ankündigung • Oct 24
AB Ignitis Grupe Announces Appointment of Lina Liubauskaite as Supervisory Board AB Ignitis grupe announced at the AGM held on October 24, 2025, approved elect the following members to the Supervisory Board of AB “Ignitis grupe” for a term of 4 (four) years: Lina Liubauskaite. Ankündigung • Sep 11
AB Ignitis Grupe Approves Dividends for the Six-Month Period Ended 30 June 2025, Payable on 3 October 2025 AB Ignitis grupe at its General Meeting of Shareholders held on 10 September 2025, approved to allocate a dividend of EUR 0.683 per ordinary registered share of AB ‘Ignitis grupe’ to the shareholders of the company and pay dividends of EUR 49,441,659.68 in total to the shareholders for the six-month period ended 30 June 2025. The Group notes that the persons entitled to receive dividends are those who are the owners of the Group's ORS at the end of the record date, i.e., at the end of 24 September 2025. The ex- date, from which the Group's ORS acquired on the stock exchange with settlement cycle of T+2 do not qualify for dividends for the first half of 2025, is 23 September 2025. The dividends will be paid on 3 October 2025 to the managers of the securities accounts of the Group's shareholders through the Nasdaq CSD SE Lithuanian branch. Ankündigung • Nov 08
AB Ignitis grupe, Annual General Meeting, Mar 26, 2025 AB Ignitis grupe, Annual General Meeting, Mar 26, 2025. Ankündigung • Aug 14
AB Ignitis Grupe Proposes Dividend for the Six- Month Period Ended 30 June 2024 AB Ignitis grupe at its EGM to be held on September 11, 2024 proposed dividend of EUR 0.663 per ordinary registered share for the six- month period ended 30 June 2024. Ankündigung • May 30
Lithuanian Capital's Heat Supplier Mulls Buying 49% Stake in Vilnius CHP Plant Vilniaus Silumos Tinklai AB (VST), Lithuania's largest heat supplier, does not rule out buying up to 49% of shares in Vilnius Combined Heat and Power Plant (Vilnius CHP) from AB Ignitis grupe (NSEL:IGN1L). Other market participants have not yet commented on whether they have intentions to acquire the stake, which the state-controlled energy group is planning to sell. VST CEO Gerimantas Bakanas says that the municipal-owned company can purchase up to 5% of Vilnius CHP under an agreement with Vilnius Municipality and Ignitis Group, but it is also considering buying the remaining 44%, which would give it control of the entire minority stake. "Regarding the 44%, VST will make a purely commercial decision on whether to participate and acquire (all of the Vilnius CHP shares on offer). We will evaluate, consider, and then decide. The company will look at how financially beneficial it will be," he told BNS. Ignitis Group announced last Thursday that it had completed the construction of the cogeneration plant, meaning that it has six months to launch the sale of a minority stake of up to 49% to comply with EU aid rules. Vytautas Kisielius, president of the Lithuanian Association of Independent Heat Suppliers, refused to tell BNS whether any of the organization's 15 members intend to participate in the planned Vilnius CHP share sale. Andrius Kasparavicius, spokesman for Gren Lietuva, which holds a 49% stake in Kaunas Combined Heat and Power Plant (Kaunas CHP), which is 51% owned by Ignitis Group, said that the company is aware of the opportunity to acquire 49% of Vilnius CHP but has not yet made a decision. "We always consider various investments," he told BNS. "We have no decision yet." Ignitis Group CEO Darius Maikstenas has said that a 49% stake in Vilnius CHP should be sold to a private partner in 2024. Ankündigung • Mar 27
AB Ignitis Grupe Approves Dividend for the Second Half of 2023, Payable on 23 April 2024 The Ordinary General Meeting of Shareholders of AB "Ignitis grup" held on 27 March 2024 adopted a resolution to pay the dividend for the second half of 2023 in line with the Dividend Policy (link), EUR 0.643 per ordinary registered share (hereinafter - ORS). Accordingly, EUR 46,546,101.28 will be paid to the Group's shareholders in dividends in total for the reporting period from 1 July 2023 to 31 December 2023. The Group notes that those persons are entitled to receive dividends who are the owners of the Group's ORS at the end of the record date, i.e., at the end of 11 April 2024. The ex-date, during which ORS of the Group acquired on the stock exchange with settlement cycle of T+2 do not qualify for dividends for the second half of 2023, is 10 April 2024. The dividends will be paid to the securities account managers of the Group's shareholders on 23 April 2024 through Nasdaq CSD SE Lithuanian branch. Ankündigung • Dec 22
AB Ignitis grupe Announces Resignation of Bent Christensen as an Independent Member of the Supervisory Board and the Nomination and Remuneration Committee, Effective January 4, 2024 AB Ignitis grupe announced that on 21 December 2023, it received a Letter of Resignation from Bent Christensen, an independent member of the Supervisory Board and the Nomination and Remuneration Committee.B. Christensen's duties as a member of the Supervisory Board and the Nomination and Remuneration Committee will end on 4 January 2024. B. Christensen was first elected to the Group's Supervisory Board on 12 November 2020, and was later re-elected for a second term on 26 October 2021. Currently the Supervisory Board of the Company consists of 7 members, 5 of them are independent. After the resignation of B. Christensen, the Ministry of Finance of the Republic of Lithuania shall decide on selection of a new member of the Supervisory Board. The Nomination and Remuneration Committee of the Company currently consists of 3 members, 2 of them are independent. Following the resignation of B. Christensen, the Supervisory Board of the Company shall decide on the appointment of a new member of the Nomination and Remuneration Committee until the end of the term of office of the current Supervisory Board. The current term of office of the Supervisory Board ends on 25 October 2025. Following the resignation of B. Christensen, the Supervisory Board and its Nomination and Remuneration Committee will function as usual with the remaining members of the Supervisory Board. The Group will inform about the selection of a new independent Supervisory Board member in accordance with legal procedures. Ankündigung • Sep 22
AB Ignitis Grupe Approves Dividend for the Six-Month Period Ended 30 June 2023, Payable on 17 October 2023 AB Ignitis grupe at its Extraordinary General Meeting of Shareholders held on 21 September 2023, approved to allocate a dividend of EUR 0.643 per ordinary registered share of the company to the shareholders and pay dividends of EUR 46,546,101.28 in total to the shareholders for the six-month period ended 30 June 2023. The Group noted that those persons who will be the owners of the Group’s ordinary registered shares at the end of 5 October 2023 (Record date) are entitled to receive dividends. The dividends will be paid to the managers of the securities accounts of the Group’s shareholders on 17 October 2023 through Nasdaq CSD SE Lithuanian branch. The Ex-Date on which shares of the Group acquired on the stock exchange with settlement cycle of T+2 do not qualify for dividend for the six-month period ended on 30 June 2023, is 4 October 2023. Ankündigung • Aug 23
AB Ignitis grupe Proposes Dividend for the Six months Ended June 30, 2023 AB Ignitis grupe proposed dividend of EUR 0.643 per ordinary registered share of AB "Ignitis grup" to the shareholders of AB "Ignitis grup" and pay dividends of EUR 46,546,101.28 in total to the shareholders for the six-month period ended 30 June 2023 at the Extraordinary General Meeting to be held on September 21, 2023. Ankündigung • Nov 16
AB Ignitis grupe to Report Q3, 2022 Results on Nov 22, 2022 AB Ignitis grupe announced that they will report Q3, 2022 results on Nov 22, 2022 Ankündigung • Sep 30
AB Ignitis Grup Approves Dividend for the Six Months Ended 30 June 2022 The Extraordinary General Meeting of Shareholders of AB Ignitis grupe was held on 29 September 2022, the company approved Regarding the allocation of dividends to the shareholders of the company for a period shorter than the financial year. Given the fact that all the conditions set out in Article 601(5) of the Law on Companies of the Republic of Lithuania regarding the allocation of dividends for a period shorter than the financial year are met, to allocate EUR 0.624 per ordinary registered share, by paying dividends of EUR 45,170,711.04 in total to the shareholders for the six months period ended 30 June 2022. Ankündigung • Aug 23
AB Ignitis grupe Proposes Dividend for First Half of 2022 AB Ignitis grupe announced subject to approval at the group’s extraordinary general meeting of shareholders to be held on 29 September 2022, in line with the dividend policy, for first half of 2022, the company propose to distribute a dividend of EUR 0.624 per share, corresponding to EUR 45.2 million. Ankündigung • Apr 14
AB Ignitis grupe (NSEL:IGN1L) commences an Equity Buyback Plan for 958,167 shares, representing 1.29% for €14.66 million, under the authorization approved on March 29, 2022. AB Ignitis grupe (NSEL:IGN1L) commences a share repurchases on April 13, 2022, under the program mandated by the shareholders in the Extraordinary General Meeting held on March 29, 2022. As per the mandate, the company is authorized to repurchase up to 958,167 shares, representing 1.29% of its share capital, for €14.66 million. The minimum share purchase price to be paid will be €15.30 per share and the maximum share purchase price paid will be €22.50 per share. The authorization will be valid for a period of 18 months. Ankündigung • Mar 01
AB Ignitis grupe Announces Dividend Guidance for the 2022–2025 Period The Group of AB Ignitis grupe will ensure at least 3% annual dividend growth translating into a 6.0%–6.6 % dividend yield for the 2022–2025 period. Ankündigung • Dec 23
AB Ignitis grupe (NSEL:IGN1L) agreed to acquire 50-MW onshore wind project in Poland. AB Ignitis grupe (NSEL:IGN1L) agreed to acquire 50-MW onshore wind project in Poland on December 22, 2021. AB Ignitis grupe management board has approved the transaction. Completion will take place in the next few days. Ankündigung • Nov 13
AB Ignitis Grupe Announces Management Changes AB Ignitis grupe announced Judith Buss and Bent Christensen as independent members of the Supervisory board. Ankündigung • Oct 29
AB Ignitis Grupe Approves Signing A New Office Lease Agreement AB Ignitis grupe that on 27 October 2020 the Board of the Company approved a new office lease agreement (hereinafter the Agreement) with Vastint Lithuania, UAB. The Company will lease up to 10 thousand square meters of premises in the office complex developed by UAB Vastint Lithuania. About 1 thousand employees of the subsidiaries currently working in the three offices leased by Ignitis grupe will be relocated here in the second half of 2021. When selecting the winner of office space lease tender, Ignitis grupe took into account the criteria of economic efficiency: public transport accessibility, distance to other divisions of the Company, technical parameters and area per employee. The Agreement, which is concluded in order to optimize the use of office premises of Ignitis grupe, will be concluded by the Company for 10 years. The total value of the lease tender is EUR 19,840,200.00 (excluding VAT), but the actual payable amount will largely depend on the size of the premises to be leased in the course of the contract. The Agreement will be signed in the near future, the Company will not inform about its signing in a separate notice about material event.