NN group previously owned 588,477 Transgaz shares.
The transaction was carried out through the following companies controlled by NN Group: Voluntary Pension Fund NN ACTIV (administered by voluntary pension fund administrator NN Asigurari de Viata SA) – 0.13% of the capital; Voluntary Pension Fund NN – 3.7% ( administered by NN Pensii S.A.F.P.A.P. SA) and NN Investment Partners Luxembourg SA – 0.9%.
Transgaz reported a 12% decline in net profit for the first half of the year, to RON282 million, on reduced demand for natural gas, while its turnover decreased slightly to RON814 million.
The company is 58.5% owned by the Romanian state.