In pursuit of the strategic goal of development of a competitive regional natural gas market, AB Amber Grid is acquiring from Gasum Oy a 34% stake in UAB GET Baltic. On 23 December 2016, AB Amber Grid and Gasum Oy signed a stake transfer agreement. The value of the transaction amounts EUR 320,569.
AB Amber Grid became the sole beneficial owner and single shareholder of UAB GET Baltic and will control 100% of its authorized share capital.
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:
Gytis Fominas
Director of Financial Department
tel. +370 5 236 22 72
e-mail: G.Fominas@ambergrid.lt