In pursuit of the strategic goal of development of a competitive regional natural gas market, AB Amber Grid is acquiring from AB Lietuvos Dujos a 34% stake in UAB GET Baltic. On 6 November 2015, AB Amber Grid and AB Lietuvos Dujos signed a stake transfer agreement. The value of the transaction amounts EUR 130,832.
AB Amber Grid became the largest shareholder of UAB GET Baltic and will control 66% of its authorized share capital. The Finnish natural gas company, Gasum Oy, owns the remaining 34% stake.
UAB GET Baltic is a company with a natural gas market operator's license, whose main function is to arrange for trading and develop the Natural Gas Exchange.
The individual authorised by AB Amber Grid (the issuer) to provide additional information on the material event:
Rimantas Šukys
Financial Director
tel. +370 5 236 0854
fax +370 5 236 0850
e-mail: r.sukys@ambergrid.lt