Transgaz Calls Shareholders Meeting To Approve Sale Of 25% Stake In Vestmoldtransgaz To EBRD For EUR20M

08.24.2020 By Ecaterina Craciun

Romania's natural gas transmission company Transgaz (TGN.RO) has called a shareholders' meeting on October 5 to approve the conclusion of a transaction with the European Bank for Reconstruction and Development (EBRD) consisting in EBRD’s subscribing a participation interest newly issued by Vestmoldtransgaz SRL for the amount of EUR20 million, EBRD thus becoming a Vestmoldtransgaz SRL shareholder with 25% of its charter capital, per a stock market report.

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Keywords:
Transgaz
, shareholders
, Vestmoldtransgaz
, EBRD