OREANDA-NEWS. January 13, 2010. OJSC Pharmacy Chain 36.6 announces successful completion of the additional offering of the common registered uncertified shares.

The results of the additional share emission are as follows:

100% of securities were placed, of which 72% under preemptive right;

total emission volume equaled 85 500 000 shares;

total raised capital amounted to 2 334 150 000 roubles;

equity capital of OJSC Pharmacy Chain 36.6 will reach 95 000 000 shares at a nominal value of 0,64 rouble each.

The raised funds will be applied towards business development and reduction of company’s debt obligations that will strengthen the company`s market power and promote further profitable growth.

Artem Bektemirov, CEO at Pharmacy Chain 36.6

“The successful additional share placement became one of the key steps in the process of raising additional funds in order to increase working capital and boost debt restructuring process. This significant event marked the end of one of the most complicated periods for the company which we have successfully overcome. Investors` willingness to invest funds into the group’s development once again confirms high potential of Pharmacy Chain 36.6. We highly appreciate the trust demonstrated by the investors and intend to apply all our efforts in improvement of the company`s operational results and growth of its profitability“.