Subscription and demo access


 
About Interfax
Press Releases
Products & Services
Contact Us
Customer Login
 


Headlines
 

07/30 22:06   Moldova forms new govt led by Valeriu Strelet (Part 2)
 
07/30 21:48   Managing company of Russian Direct Investment Fund, other VEB structures, Rosneft subsidiaries hit by U.S. sectoral sanctions
 
07/30 21:35   Work on creation of tribunal on Malaysian Boeing crash didn't stop after Russian veto - Ukrainian Foreign Ministry
 
07/30 21:33   Interaction with partners from U.S., EU and Georgia helped Russian special services avert terrorist attacks at Sochi Olympics - Bortnikov (Part 2)
 
07/30 21:23   ROMAN ROTENBERG INCLUDED IN AMERICAN SANCTIONS LIST - U.S. DEPARTMENT OF TREASURY
 
07/30 21:22   RUSSIAN DIRECT INVESTMENT FUND'S MANAGING COMPANY, VEB STRUCTURES, ROSNEFT SUBSIDIARIES INCLUDED IN SECTORAL SANCTIONS LIST - U.S. DEPARTMENT OF TREASURY
 
07/30 21:19   Ukroboronprom says it has fully stopped military-technical cooperation with Russia
 
07/30 21:18   Interaction with partners from U.S., EU and Georgia helped Russian special services avert terrorist attacks at Sochi Olympics - Bortnikov
 
07/30 21:14   Russia's Muslims expect Islamic world leaders at cathedral mosque opening ceremony in Moscow
 
07/30 20:56   Ukrainian citizens place war in Donbas fourth in rating of problems, after their financial position, prices, tariff growth
 




 

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:

July 30, 2015
 
22:06
Moldova forms new govt led by Valeriu Strelet (Part 2)
 
21:48
Managing company of Russian Direct Investment Fund, other VEB structures, Rosneft subsidiaries hit by U.S. sectoral sanctions
 
21:35
Work on creation of tribunal on Malaysian Boeing crash didn't stop after Russian veto - Ukrainian Foreign Ministry
 
21:33
Interaction with partners from U.S., EU and Georgia helped Russian special services avert terrorist attacks at Sochi Olympics - Bortnikov (Part 2)
 
21:23
ROMAN ROTENBERG INCLUDED IN AMERICAN SANCTIONS LIST - U.S. DEPARTMENT OF TREASURY
 
21:22
RUSSIAN DIRECT INVESTMENT FUND'S MANAGING COMPANY, VEB STRUCTURES, ROSNEFT SUBSIDIARIES INCLUDED IN SECTORAL SANCTIONS LIST - U.S. DEPARTMENT OF TREASURY
 
21:19
Ukroboronprom says it has fully stopped military-technical cooperation with Russia
 
21:18
Interaction with partners from U.S., EU and Georgia helped Russian special services avert terrorist attacks at Sochi Olympics - Bortnikov
 
21:14
 
20:56
Ukrainian citizens place war in Donbas fourth in rating of problems, after their financial position, prices, tariff growth
 
20:35
DPR gets its own cell communications provider
 
20:24
Incident Prevention Response Mechanism participants discuss security issues at border between South Ossetia, Georgia
 
20:18
Georgian citizen detained in S. Ossetia on suspicion of espionage to be sent home via Red Cross
 
20:13
PARNAS party submits list of candidates to run in elections in Kostroma region
 
 more headlines 



Interviews
 

.
North Korean Ambassador to Russia Kim Hyun Joon has given an interview to Interfax in which he speaks about differences between the Korean Peninsula nuclear problem and the Iranian nuclear dossier, states Pyongyang‘s readiness to bolster its nuclear potential in response to U.S. actions and calls on Washington not to hold joint exercises with South Korea.

more
.
.
OSCE Parliamentary Assembly Director of Communications Richard Solash has given an interview to Interfax in which he speaks about how the ban for Russian State Duma speaker Sergei Naryshkin to enter Finland for the summer session of the OSCE Parliamentary Assembly may impact the session and what this Finland‘s decision may lead to in current conditions.

more
.
.
Head of Operations for Europe and Central Asia of the International Committee of the Red Cross Laurent Corbaz has given an interview with Interfax in which he speaks about the activity of the ICRC in eastern Ukraine and problems that ICRC officials face there, as well as interaction with Russian authorities on humanitarian aid and situation with Ukrainian refugees.

more

 
  
 ©   1991—2015   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