AS Latvijas Gaze (https://lg.lv) is a key player in the Baltic energy sector with a history of more than two decades. Further to the sale of its gas distribution business in mid-2023, AS Latvijas Gaze business comprises natural gas trading and sales to consumers in the Baltic region, primarily in Latvia. AS Latvijas Gaze has one of the largest natural gas portfolios in the Baltic region including more than 340,000 households achieving a revenue of €120.5 million and an EBITDA of €5.6 million in 9M 2023.

AS Latvijas Gaze's shares are owned by PAS Gazprom (34.00%), AS Rietumu Banka (28.97%), Uniper Ruhrgas International GmbH (18.26%), SIA ITERA Latvija (16.00%) and the remaining (2.77%) is free float on the NASDAQ Riga Stock Exchange.

Parties interested in this potential transaction are requested to submit a Statement of Interest via email to Guntars Krols ([email protected]) and Deniss Zlotnikovs ([email protected]) from Ernst & Young Baltic SIA, which has been engaged by Uniper to act as its exclusive financial advisor on this potential transaction.

The Statement of Interest shall contain the complete name of the interested party, the complete postal address of the registered office, and the contact details of the persons to be contacted in relation to this potential transaction.

The deadline for the submission of a Statement of Interest is 1pm CET on 19th January, 2024. Any Statement of Interest that is incomplete or received after this date may not be taken into consideration.

Interested parties that submit a Statement of Interest in compliance with the requirements set out above will be contacted by Ernst & Young Baltic SIA in relation to the next steps of the potential transaction process.

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Uniper SE published this content on 21 December 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 21 December 2023 15:02:13 UTC.