Inprom Has no Right to Sign Corresponding Agreement with ROSBANK
OREANDA-NEWS. January 12, 2009. Due to an injunction, issued by the Arbitrage Court of the Rostov Region, which has been prohibiting Inprom to execute the decisions of the Board of Directors to exercise irrevocable buyback offer of its series 02 bonds, the Company has no statutory right to sign the corresponding agreement with Commercial Bank ROSBANK. However, the holders of Inprom's series 02 bonds have the right to send directly to the Company their notifications of intent to sell the bonds, in the procedure provided by issuing documents. Address: Ulitsa Marshala Zhukova 2-A, 347942, Taganrog, Rostov Oblast, RUSSIA.