Statement of the Board of JSC “Latvijas Gāze” on the results of the share buyback offer
08 Agosto 2024 - 8:00AM
UK Regulatory
Statement of the Board of JSC “Latvijas Gāze” on the results of the
share buyback offer
On July 24, 2024, the Supervisory Committee of
the Bank of Latvia decided to permit the Joint Stock Company
„Latvijas Gāze”, registration No.: 40003000642, legal address: 6
Aristida Briāna Street, Riga, LV-1001 (hereinafter – the Company),
to make a share buyback offer to the Company’s shareholders in
connection with the delisting of the Company’s shares from the
regulated market (hereinafter – the Offer).
Having regard to the date of publication of the
Offer prospectus on the website of the regulated market operator
Joint Stock Company “Nasdaq Riga” (July 24, 2024), the Offer ended
on August 7, 2024.
In compliance with the conditions of the first
part of Article 32 of the Share Buyback Law and based on the
information provided by Nasdaq CSD SE, registration number:
40003242879, legal address: 1 Vaļņu Street, Riga, LV-1050, the
Company hereby advises the Bank of Latvia, the regulated market
operator Joint Stock Company “Nasdaq Riga” and the Company of the
results of the Offer:
1. The name, registration number, legal address
and website of the company:
Joint Stock Company “Latvijas Gāze”, registration number:
40003000642, legal address: 6 Aristida Briāna Street, Riga,
LV-1001, Latvia, website: https://www.lg.lv/.
2. Information about the offerer:
Under Section 14 Paragraph two of the Share Buyback Law
(hereinafter – the Law), the Joint Stock Company “Latvijas Gāze”,
registration number: 40003000642, legal address: 6 Aristida Briāna
Street, Riga, LV-1001, Latvia (hereinafter – the Offerer), has been
approved as the person who shall offer the Company’s shareholders
to buy back their shares in the Company.
3. The number of shares offered for sale:
5,553 shares
4. The total number of shares and quantity of
voting rights held by the Offerer after the end of the Offer:
5,553 shares, but the voting rights of these shares cannot be
exercised by virtue of Section 240 Paragraph seven of the
Commercial Law.
The Board of the JSC “Latvijas Gāze”
About the JSC “Latvijas
Gāze”
Founded in 1991, the JSC “Latvijas Gāze” is
one of the leaders of the Baltic energy sector and provides the
wholesale and sale of natural gas to business customers in Latvia,
Estonia, Lithuania and Finland. In the household segment, the JSC
“Latvijas Gāze” is the largest and most prominent natural gas
trader in Latvia. The company has been listed on
the NASDAQ Riga stock exchange since February 15, 1999
– a proof of high standards in terms of transparent
governance, responsibility and care for its customers, investors,
and the society as a whole.
Further information:
Sandra Joksta
investor.relations@lg.lv
phone + 371 67 374 369
Latvijas Gaze As (LSE:0J4R)
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