OREANDA-NEWS. June 19, 2015. The holding company AmberStone Group, AS, established a new affiliate company ASG 1, SIA, and its share capital amounts to EUR 25 000. Respectively, ABLV Bank, AS acquired indirect qualifying holdings in ASG 1, SIA (through AmberStone Group, AS where ABLV Bank holds 24.64% of shares).

As we announced earlier, the issue of shares of AmberStone Group, AS, organised by ABLV Bank, AS, has been successfully completed. Following the issue of shares of AmberStone Group, EUR 21.0 million increased to EUR 35.0 million, thus increasing the company’s share capital. The issue was aimed at raising additional funds for the company's development and increasing the number of the company's shareholders.