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 RUSSIA IN FACTS
13 October 2003 21:34
Yukos places 46.4% of new issue
MOSCOW. Oct 13 (Interfax) - Russian oil company Yukos has completed the placement of a new issue of paperless common shares. The company said in a press release that the share of the placed shares amounted to 46.352% or 463,524,307 shares, of which 4,304 were paid for in rubles and 463,502,003 - with other property. As reported earlier, shares in the new Yukos issue were used to exchange for shares in Sibneft, as part of the merger of the two The Federal Securities Commission registered an issue of 1 billion Yukos shares with a par value of 0.004 rubles on July 22, 2003. The total volume of the issue amounted to 4 million rubles at face value. Placement of the new issue began on August 14 and was completed on October 3, 2003. Based on a decision by the board of directors, approved by company shareholders, the placement price for one share for shareholders with priority right to acquire them amounted to 502.53 rubles, the placement price for participant in a closed subscription was 558.37 rubles. Shareholders with priority right acquired 6,481 shares and 463,517,826 shares were placed by closed subscription. The following companies had priority right to acquire shares: White Pearl Investments Ltd. N.P., Gemini Holdings Ltd., Marthacello Co. Ltd., Kravin Investments Ltd., Heflinham Holdings Ltd., Kindselia Holdings Ltd. companies. [RU EUROPE ASIA EEU EMRG ENR CRU OIL STX MRG] rd
[CEIW]
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