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0IXQ Grigeo Ab

1.36
0.00 (0.00%)
24 Dec 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Grigeo Ab LSE:0IXQ London Ordinary Share LT0000102030 GRIGEO ORD SHS
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 1.36 0.00 00:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Pulp Mills 195.35M 25.31M 0.1926 7.06 178.7M

AB „Grigeo Group“ plans to take over the management of UAB „Grigeo Recycling“

20/06/2024 7:45am

UK Regulatory


Grigeo Ab (LSE:0IXQ)
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AB „Grigeo Group“ plans to take over the management of UAB „Grigeo Recycling“

On 19th June 2024, the Board of AB „Grigeo Group” adopted a decision to acquire 50 percent of UAB „Grigeo Recycling” shares from UAB „Grigeo Paper Packaging”. Up to now, UAB „Grigeo Recycling” shareholders with a 50 percent shareholding each were AB „Grigeo Group” and UAB „Grigeo Paper Packaging”. Following the signing of the securities (share) sale and purchase agreement, AB „Grigeo Group” will be sole shareholder of UAB „Grigeo Recycling”.

This planned share purchase transaction is one of the steps towards ensuring a more efficient management of the activities of the companies owned by AB „Grigeo Group”. Securities (share) sale and purchase agreement  will be signed in the coming days, the Company will not inform about their signing in a separate material event notice.

Tomas Jozonis
Chief Executive Officer
+370 5 243 5801


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