FGC UES Board of Directors Held Regular Meeting
OREANDA-NEWS. July 14,
JSC FGC UES Board of Directors made decision to increase the authorized capital of JSC FGC UES through placement of the additional registered ordinary shares in the amount of 28,288,776,589 shares with a par value RUR 0.50 each totaling RUR 14,144,388,294.5. Mode of paying up for shares – monetary funds. It has been planned to enter upon placement of shares from the additional issue in September 2010 upon the state registration of the Resolution on the stock issue and the Prospectus of the securities issue with the Federal Service on Financial Markets.
Also the Board of Directors determined the placement price of the additional shares (including for persons having the preemptive right to acquire additional shares) of RUR 0.50 per one share. The placemen price was determined based on par value in accordance with the RF effective legislation. Mode of shares placing is public offering. The funds derived from placement of shares of the additional issue will be channeled for JSC FGC UES investment program.
The Federal law dated 02.12.2009 No. 308-FZ “On the federal budget for 2010 and the planning period 2011 and
All shareholders of JSC FGC UES have the preemptive right to acquire additional shares in quantity proportional to the quantity of their registered ordinary shares of JSC FGC UES. Register of persons enjoying the preemptive right to acquire additional shares will be prepared on basis of data received from the shareholder register as of June 28, 2010 (the date when JSC FGC UES Board of Directors made decision providing a basis for the additional shares placing).