Subscription and demo access


 
About Interfax
Press Releases
Products & Services
Contact us
Customer Login
 


Headlines
 

05/06 17:42   U.S. accuses Syrian gov't of striking opposition groups abiding by Cessation of Hostilities deal in Aleppo
 
05/06 17:39   Putin backs Russia-Qatar cross-years with sport orientation in 2018 (Part 2)
 
05/06 17:35   Steel maker MMK could settle some 2017 debt this summer (Part 2)
 
05/06 17:23   Bashneft prices 15 bln rubles in bonds at 10.9% (Part 2)
 
05/06 17:14   Observers from SCO and CIS accredited at constitutional referendum in Tajikistan
 
05/06 17:10   Putin backs Russia-Qatar cross-years with sport orientation in 2018
 
05/06 17:08   Energy Ministry may propose revisiting financial results tax
 
05/06 17:05   Official exchange rates for CIS and Baltic nations as of 06.05.2016
 
05/06 17:00   Russian-Qatari intergovernmental commission on trade-economic cooperation to hold meeting in June - Lavrov
 
05/06 17:00   MICEX and RTS Indexes at 17:00 MSK
 




 

Interfax.com  |  Interfax news  |  OGK-2, OGK-6 complete merger


News headlines


November 01, 2011 19:11

OGK-2, OGK-6 complete merger

MOSCOW. Nov 1 (Interfax) - Russian gas major Gazprom has announced the completion of the merger of power generation companies OGK-2 (RTS: OGKB) and OGK-6 (RTS: OGKF), both of which it controls.

OGK-2 reported that its reorganization and the termination of OGK-6 had been recorded in the Unified State Register of Companies on Tuesday.

For the merger OGK-2 issued 26.59 billion shares, or 81.2% of existing capital, with par value of 0.3627 each, for conversion of OGK-6 shares at a ratio of 1.2141 OGK-6 to 1 OGK-2 share. Earlier, the OGK-6 shares were valued at 1.4 rubles each for the deal and the OGK-2 at 1.72 rubles each.

The results of the OGK-2 share issue have not yet been disclosed. Before the additional issue, charter capital was 32.73 billion shares with par value of 0.3627 rubles each (11.87 billion rubles).

OGK-6 included the Kirishskaya, Novocherkasskaya, Ryazanskaya, Cherepotvetskaya and Krasnoyarskaya 2 power stations with total capacity of 9,000 megawatts. Before consolidation, OGK-2 included the Pskovskaya, Serovskaya, Stavropolskaya, Troitskaya and Surgutskaya-1 power stations. In addition, OGK-2 is building a new Adlerskaya power station. OGK-2 has total capacity of 8,707 megawatts.

The new OGK will have capacity of almost 18 gigawatts and annual output of around 80 billion kilowatt hours.

Gazprom Energoholding (GEH, the company that controls Gazprom's (RTS: GAZP) main electricity assets), which owned 57.3% of OGK-2 and 60.6% of OGK-6 prior to the merger will keep the controlling stake. GEH will announce the final distribution of shares in the new company on Wednesday.

OGK-6 shares stopped trading on October 27 2011.

OGK-2 announced Tuesday that it had been delisted from the London Stock Exchange (LSE). The OGK-2 depository receipt program will still exist and clearing will be carried out by Euroclear and Clearstream (GDR, issued according to Regulation S) and DTC (Regulation 144A).

OGK-2 shares continue to be traded as usual and the additional issue shares (in which OGK-6 have converted into) will not appear on the exchange before December, after the results of the additional issue have been registered by the Federal Financial Markets Service (FFMS) and amendments made to the merged power generation company's charter.

Consolidation of OGK-2 issues is not possible before March 2012 (three months after FFMS registered the results of the additional share issue).

Me

(Our editorial staff can be reached at eng.editors@interfax.ru)

/Interfax/
 Subscription
You can access a demo version of, receive more information about or subscribe to Interfax publications by filling in and returning the form below. We also have dozens of reports in the Russian language, please indicate if you are interested.
Title:


Phone:


E-mail:


First name:


Company:


Country:
Last name:


Division:


City:
Products:
Central Asia & Caucasus Business Weekly
Central Asia General Newswire
Global Gas Analytics
Global Natural Gas Daily
Interfax Via Bloomberg Terminal
Kazakhstan General Newswire
Kazakhstan Mining Weekly
Kazakhstan Oil & Gas Weekly
Russia & CIS Announcements
Russia & CIS Banking and Finance Weekly
Russia & CIS Business and Financial Daily
Russia & CIS Business and Financial Newswire
Russia & CIS Business and Investment Weekly
Russia & CIS Business Law Weekly
Russia & CIS Business news
Russia & CIS Defense Industry Weekly
Russia & CIS Diplomatic Panorama
Russia & CIS Energy Daily
Russia & CIS Energy Newswire
Russia & CIS Events Calendar
Russia & CIS Food and Agriculture Weekly
Russia & CIS General Newswire
Russia & CIS Headline News
Russia & CIS Insurance Weekly
Russia & CIS IT and Telecom Weekly
Russia & CIS Metals and Mining Weekly
Russia & CIS Military Daily
Russia & CIS Military Newswire
Russia & CIS Military Weekly
Russia & CIS Oil and Gas Weekly
Russia & CIS Presidential Bulletin
Russia & CIS Statistics Weekly
Russia Health & Pharmaceuticals
Russia Market Roundup
Russia Press Review
Ukraine Business Daily
Ukraine Business Weekly
Ukraine General Newswire
Please enter the digits from picture in the box below:

May 06, 2016
 
17:35
Steel maker MMK could settle some 2017 debt this summer (Part 2)
 
17:23
Bashneft prices 15 bln rubles in bonds at 10.9% (Part 2)
 
17:14
Observers from SCO and CIS accredited at constitutional referendum in Tajikistan
 
17:10
Putin backs Russia-Qatar cross-years with sport orientation in 2018
 
17:08
Energy Ministry may propose revisiting financial results tax
 
17:05
Official exchange rates for CIS and Baltic nations as of 06.05.2016
 
17:00
Russian-Qatari intergovernmental commission on trade-economic cooperation to hold meeting in June - Lavrov
 
17:00
MICEX and RTS Indexes at 17:00 MSK
 
17:00
Russia and CIS political and economic calendar: May 10 - June 30
 
16:57
 
16:50
Putin reaffirms Moscow's striving to cooperate with Qatar, including political dialogue and economy - Lavrov
 
16:46
Bashneft prices 15 bln rubles in bonds at 10.9%
 
16:41
RATE OF FIRST COUPON ON 15 BLN RUBLES IN BASHNEFT BONDS AT 10.9% ANNUALLY - COMPANY
 
16:40
Japanese PM plans to discuss peace treaty, economy, world problems with Putin
 
 more headlines 



Interviews
 

.
Newly appointed British Ambassador to Russia Laurie Bristow has given an interview to Interfax in which he speaks with about the current situation in British-Russian relations in the political, economic and cultural spheres, about London‘s position on the crises in Syria and Ukraine and shares his opinion on the Yury Gagarin flight.

more
.
.
World Jewish Congress President Ronald Lauder has given an interview to Interfax in which he speaks about issues that he discussed at a meeting with Russian President Vladimir Putin, about how the inflow of immigrants has influenced the situation with anti-Semitism in Europe and about attempts to rewrite the WW II history.

more
.
.
Greek Ambassador to Russia Danai-Magdalini Koumanakou has given an interview to Interfax in which she speaks about prospects for cancelling EU sanctions against Russia, Athens‘s position of the South Stream project, the EU-Turkey agreement on refugees and her expectations from the upcoming tourist season and Russia-Greece Cross Year.

more

 
  
 ©   1991—2016   Interfax Information Service. All rights reserved.
contact information   |   Interfax offices   |   made by web.finmarket

News and other data on this site are provided for information purposes only, and are not intended for republication or redistribution. Republication or redistribution of Interfax content, including by framing or similar means, is expressly prohibited without the prior written consent of Interfax.

Browse other Interfax sites:  Interfax.ru   |   IFX.RU   |   Interfax Group   Rambler's Top100