OREANDA-NEWS. July 04, 2012. In accordance with the decision on additional placement of securities, PJSC Stroytransgaz commenced placement of uncertified registered ordinary shares by private subscription in the amount of 4 268 286 shares, nominal value 25 Roubles each. Thus, the total amount of the additional placement of shares at their nominal value is RUR 106 707 150.

 In accordance with the decision of PJSC Stroytransgaz Board of Directors, 1 (one) ordinary registered share of PJSC Stroytransgaz will be allocated at RUR 4 600. Therefore, the total amount of the additional placement at the placing price will be RUR 19 634 115 600.

 Results of the additional placement of securities will be summarized 46 days after the date of state registration which was June 28, 2012. The additional issue was registered under the state registration number 1-02-60689-J-002D.

 For further information see the website of PJSC Stroytransgaz in “Information Disclosure” section.

About us:
Stroytransgaz is one of major construction and engineering companies established in 1990. Now it implements its activities in 14 countries and cooperates with such clients as Gazprom, Transneft, Rosneft, SIBUR, JSC Concern Rosenergoatom, JSC FGC UES, the government of St. Petersburg, Avtodor, NET4GAS, Syrian Gas Company, Sonatrach,  Dolphin Energy, Turkmengaz, Destia, DEPA S.A., DESFA S.A., Caspian Pipeline Consortium-K, Saudi Aramco, Department of Presidential Affairs.

 STG’s net profit for 2011 based on Russian Accounting Standards was RUR 851 million. Since 2006, the company has been diversifying its business activity. In 2011, 64% of the company’s revenue was made in energy and electricity supply network construction, including the construction of super high voltage UNPG facilities.