We will be advising the state-owned Ignitis Group, which is considering an initial public offering (IPO). Our team won the tender to consult on this project and signed a three-year contract with the group.
The Ignitis Group IPO could be announced after the group delists the shares of its subsidiaries Energijos skirstymo operatoriaus (ESO) and Ignitis gamyba, which are currently listed on the Nasdaq Vilnius Stock Exchange.
The conclusions of the Ministry of Finance working group on the possbilities for the IPO are expected to be published by March. According to the company, this IPO could become the largest in the Baltic States to date.
The project team
Our team includes partners Tomas Kontautas and Sergej Butov plus senior associates Dalia Augaitė, Inga Macijauskaitė and Evaldas Dūdonis. Law firm Ashurst will be advising on English and US law aspects.