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Agreement with UAB EPSO-G

On 18 July 2018 Lithuania’s natural gas transmission system operator, AB Amber Grid, concluded agreements with the parent company, UAB EPSO-G, (company code 302826889, registered address Gedimino pr. 20, LT-01103 Vilnius, company data  stored at the Register of Legal Entities of the Republic of Lithuania) for the transfer of tax losses (hereinafter referred to as the "Agreements").

The terms of the Agreements provide for the paying by AB Amber Grid to UAB EPSO-G of 15 percent from the total amount of tax loss taken over, i.e.  EUR 563,000.00 for the year 2016 and EUR 430,000.00 for the year 2017. This transaction will not affect the Company's bottom line.

 

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