14 August 2003 04:26
Yukos begins additional share issue
MOSCOW. Aug 14 (Interfax) - Russian oil company Yukos is to begin a share placement amounting to 4 million rubles by
closed subscription on Thursday.
The company said in an official statement that Yukos plans to begin placing 1 billion shares with a par value of
0.004 rubles on the 15th day after the publication of information on the issue, and to complete the placement on the
20th day after the publication of information of the results of priority share acquisition.
The companies that have priority right to acquire the shares are the Cypriot companies White Pearl Investments Ltd.
N.P., Gemini Holdings Ltd., Marchacello Co. Ltd., Kravin Investments Ltd., Heflinham Holdings Ltd., and Kindselia
Holdings Ltd.
The shares are being paid for with Sibneft common shares with a par value of 0.0016 rubles. The shares may also be
paid for in cash at the rate of 95 rubles per share, in line with an evaluation by the International Evaluation Center.
[RU EUROPE ASIA EEU EMRG OIL STX ENR] rd
[CEIW] |
RUSSIA IN FACTS
