04 March 2004 07:49
RAZGULYAI TO PLACE 170 MLN RUBLES IN SHARES VIA CONVERSION
According to an official statement, 10,000 of the company's
paperless shares with a par value of 17,000 each will be placed by
MOSCOW. March 3 (Interfax) - Shareholders in ZAO Razgulyai Sugar Company, part of Razgulyai Ukrros, decided at an
extraordinary meeting on March 2 to place 170 million rubles worth of shares via an conversion.
converting 170 million common named shares with a par value of 1 ruble each.
The conversion date will be five days after the state registration of the share issue.
Razgulyai Ukrros was set up in 1992. The company includes food, grain, sugar, livestock and agricultural companies
and has 38 regional branches. The group controls 35 agro-industrial companies and also 12% of the Russian sugar market
and 4% of the grain market.
[Interfax] |
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