print version 

Find company
Home About the ProjectContact usFor the Clients
Enter code or ISIN
 
alpha / industry search

Issuers' Corner
Press Releases
Annual Reports Library

Financial Statements
SEC & FFMS Filings
Corporate Presentations
GM Materials
Issues Documents
Corporate Governance Materials
Russian Company Guide
Company Profiles
Corporate Calendar
Markets Corner
Consensus Estimates
Media Corner
News Line


Get updates



Home  Issuers' Corner  Press Releases REGISTER LOG IN

Press Releases

company search
all press releases
all LSR Group press releases

LSR Group

July 7, 2010

LSR Group announces completion of the additional share issue placement

OJSC LSR Group (LSE: LSRG; MICEX, RTS: LSRG) announces the completion of additional ordinary registered book-entry share placement, registered in FFMS of Russia under unified state registration number 1-01-55234-Å-002D on 8 April 2010, placed by open subscription.

The total number of shares to be placed was 16,042,508 shares, with a par value of RUR 0.25.

The placing price was set by the Board of Directors of OJSC LSR Group on 30 April 2010 at US$ 45.92 per share, the price for pre-emptive right holders was US$ 41.33 per share, which is 10% lower than the placing price for others.

One application was received under the additional share placement (using the pre-emptive rights of existing shareholders), and, therefore, the total amount of shares that was actually placed was 9,366,383 shares.

Please note that placing of the additionally issued ordinary registered book-entry shares of OJSC LSR Group is aimed at reinvestment of the proceeds, received from the Secondary Public Offering, announced this spring by LSR Group, into the company.

 

 

 

Search by industry

Agriculture, Foresty and Fishing | Chemicals | Engineering | Ferrous Metals | Financial, Insurance & Real Estate | Food & Kindred Products | General Construction | Information Technology | Media & Publishing | Non-Ferrous Metals | Oil & Gas | Pharmaceuticals | Power Industry | Precious Metals and Diamonds | Telecommunications | Transportation | Wholesale & Retail Trade

Search by alpha index

A B C D F G H I K L M N O P R S T U V W X Z


Site Map
© RUSTOCKS.com
Privacy Statement | Disclaimer