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Gazprom OAO sells shares in Amber Grid AB

Tuesday, 17 Jun 2014 09:29am EDT 

Amber Grid AB (Amber):Informs that the implementation of the takeover bid to buy up the shares of Amber (Issuer) provided by EPSO-G UAB (EPSO) was completed on June 16.Says that during which the shareholders of the Issuer proposed to sell to EPSO in total 71,287,168 shares of the Issuer, which comprises 39.96 per cent of the share capital and votes of the Issuer.Says from the number of shares proposed for the sale, one may conclude that the shareholder of the Issuer Gazprom OAO, which owns 37.1 per cent shares of the Issuer, also decided to sell its shares.Says that the settlement for the shares of the Issuer will take place on the third business day after the day of the completion of the takeover bid implementation, on June 19.Says on this day the ownership to the shares proposed for the sale during the takeover bid will transfer to the shareholder of the Issuer EPSO.