Gazprom OAO to sell shares in Amber Grid AB


Friday, 13 Jun 2014 01:19am EDT 

Amber Grid AB:Informs that from June 2 to June 16 the takeover bid to buy up the shares of Amber Grid AB provided by EPSO-G UAB (EPSO-G), during which shareholders of Amber Grid AB may propose to sell their shares of Amber Grid AB to EPSO-G, is being implemented.According to public information published in the media and the webpage of NASDAQ OMX Vilnius, 38.2 percent of the shares of Amber Grid AB were already provided for sale on June 12.This means that the proposal to sell the shares of Amber Grid AB in response to the takeover bid was received from Gazprom OAO, which currently owns 37.1 percent shares of Amber Grid AB.Until June 16 Gazprom OAO and other shareholders of Amber Grid AB, who have provided the proposal to sell the shares of Amber Grid AB in response to the takeover bid, can revoke their proposals and decide not to sell their currently owned shares of Amber Grid AB.