|
|
N e w s
OCTOBER 10
9 Oct. Norilsk Mining Company (NGK) submitted the documents for the issue prospectus registration, the company informed.
122m common stocks of 1 rub. par are assumed to be issued and placed among the holders to drive the NGK stock value in conformity with Norilsk Nickel. Due to the placement at par the shares will remain unchanged (Norilsk Nickel - 36%, other holders including former Norimet owners - 64%).
Next issue will cover 135m pcs to be swapped at 1:1 ratio. Norilsk Nickel won't buy back the NGK stocks and will liquidate the available ones to drive the Norilsk Nickel stake in NGK to 88.5%.
Source: AK&M
|
Main page
