Source: Nasdaq Tallinn

NASDAQ OMX Welcomes Amber Grid to the Baltic Market

Tallinn/Riga/Vilnius, Baltic Market, August 1, 2013 - The NASDAQ OMX Group, Inc. (NASDAQ:NDAQ) announces that today shares of a natural gas transmission company AB Amber Grid (ticker symbol: AMG) start trading on the NASDAQ OMX Baltic Secondary List.

AB Amber Grid was established after a spin-off of the natural gas import and sales, transmission and distribution company AB Lietuvos Dujos. Activity of the natural gas transmission service operator was separated from AB Lietuvos Dujos and attributed to AB Amber Grid. AB Lietuvos Dujos continues its operations and its shares continue to be listed on the Baltic Main List of NASDAQ OMX Baltic Market.

“We are very happy to welcome a Lithuanian natural gas transmission company AB Amber Grid to the NASDAQ OMX Baltic Market. We hope that this important infrastructure company will take advantage of being listed and be attractive for both local and foreign investors”, says Arminta Saladžienė, Head of NASDAQ OMX Baltic Market.

“Our goals include proper and timely implementation of a number of gas transmission pipeline system development projects that are both of national and regional importance and in being a reliable partner to our customers. We strive to deliver a high quality of services; we strive for transparency and openness. The listing of the Company’s shares on the stock exchange is an integral part of transparency of operations,” says Saulius Bilys, CEO of AB Amber Grid.

According to the Terms and Conditions of the spin-off of AB Lietuvos Dujos approved by the General Meeting of Shareholders, the share capital of AB Amber Grid amounts to LTL 178.38 million (EUR 51.66 million). On June 25, 2013 three shareholders held more than 5% of AB Amber Grid shares and votes: E.ON Ruhrgas International GMbH owned 38.9%, OAO „Gazprom“ – 37.1%, and the Ministry of Energy of the Republic of Lithuania - 17.7%.

As of August 1, 2013, NASDAQ OMX Baltic Secondary List contains 45 companies: including 3 from Estonia, 26 from Latvia and 16 from Lithuania.

Note: NASDAQ OMX Baltic Secondary List consists of Secondary Lists of NASDAQ OMX Tallinn, NASDAQ OMX Riga and NASDAQ OMX Vilnius.

 

About AB Amber Grid

AB Amber Grid is the operator of Lithuania’s natural gas transmission system and is in charge of transmission of natural gas (transportation of natural gas through high pressure pipelines) to system users, and operation, maintenance and development of natural gas transmission system. AB Amber Grid started its operations on 1 August 2013, when the fixed-term natural gas transmission licence (issued to AB Amber Grid by the National Control Commission for Prices and Energy) came into effect.

AB Amber Grid was established on 11 June 2013 pursuant to a resolution adopted by a General Meeting of Shareholders of AB Lietuvos Dujos in implementation of requirements of legal acts of the Republic of Lithuania providing for the unbundling of the natural gas transmission activity from other activities. By the aforesaid resolution the General Meeting of Shareholders of AB Lietuvos Dujos approved the Terms and Conditions of the Spin-off providing for a spin-off from AB Lietuvos Dujos (continuing its activities) of a Transmission System Operator company on the basis of assets, rights and obligations attributed to the gas transmission activity.

About NASDAQ OMX Group

The inventor of the electronic exchange, The NASDAQ OMX Group, Inc., fuels economies and provides transformative technologies for the entire lifecycle of a trade - from risk management to trade to surveillance to clearing. In the U.S. and Europe, we own and operate 26 markets, 3 clearinghouses and 5 central securities depositories supporting equities, options, fixed income, derivatives, commodities, futures and structured products. Able to process more than 1 million messages per second at sub-40 microsecond speeds with 99.99+% uptime, our technology drives more than 70 marketplaces in 50 developed and emerging countries into the future, powering 1 in 10 of the world’s securities transactions. Our award-winning data products and worldwide indexes are the benchmarks in the financial industry. Home to approximately 3,300 listed companies worth more than $6 trillion in market cap whose innovations shape our world, we give the ideas of tomorrow access to capital today. Welcome to where the world takes a big leap forward, daily.  Welcome to the NASDAQ OMX Century.  To learn more, visit www.nasdaqomx.com. Follow us on Facebook (www.facebook.com/NASDAQ) and Twitter (www.twitter.com/nasdaqomx). (Symbol: NDAQ and member of S&P 500)

Cautionary Note Regarding Forward-Looking Statements

Information set forth in this communication contains forward-looking statements that involve a number of risks and uncertainties.  NASDAQ OMX cautions readers that any forward-looking information is not a guarantee of future performance and that actual results could differ materially from those contained in the forward-looking information.  Such forward-looking statements include, but are not limited to, statements about our capital return initiatives.  Forward-looking statements involve a number of risks, uncertainties or other factors beyond NASDAQ OMX’s control.  These factors include, but are not limited to, NASDAQ OMX’s ability to implement its strategic initiatives, economic, political and market conditions and fluctuations, government and industry regulation, interest rate risk, U.S. and global competition, and other factors detailed in NASDAQ OMX’s filings with the U.S. Securities and Exchange Commission, including its annual reports on Form 10-K and quarterly reports on Form 10-Q which are available on NASDAQ OMX’s website at http://www.nasdaqomx.com and the SEC’s website at www.sec.gov.  NASDAQ OMX undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future events or otherwise.

 

Media Relations Contact:

Audronė Ranonytė
+370 (5) 272 34 58    
Audronė.Ranonytė@nasdaqomx.com