On July 27, 2023, an extraordinary meeting of shareholders was held,
during which was discussed to reduce the share capital, amend the
articles of association and distribution of undistributed profit for previous year.
JSC “Latvijas Gāze” has approached the Nasdaq Riga stock exchange with a request to suspend trading in the Company’s shares due to an extraordinary shareholders’ meeting scheduled for July 27, 2023.
On July 17, 2023, under the agreement signed in April 2023, the final preconditions for the completion of the transaction of sale of the 100% subsidiary JSC “Gaso” were met, and the change of ownership has been registered with the Commercial Register of the Republic of Latvia, with AS “Eesti Gaas” becoming holder of 100% of shares in the JSC “Gaso”.
On February 25, 2023, Council Regulation (EU) 2023/427 amending Regulation (EU) No. 833/2014 concerning restrictive measures in view of Russia’s actions destabilising the situation in Ukraine (hereinafter – Regulation No. 2023/427) took effect.
Latvijas Gāze donated computer equipment to the Latvian Foster Family Association.
On August 8, 2022, the shareholders of the JSC “Latvijas Gāze” passed a decision on launching the Company’s reorganisation process or the reduction of its equity capital.