February 05, 2013 13:46
IDGC Holding may put 2.5 bln rubles into IDGC North Caucasus
MOSCOW. Feb 5 (Interfax) - Inter-District Grid Company Holding (IDGC Holding, MRSK Holding) (RTS: MRKK) may invest 2.5 billion rubles in the capital of IDGC North Caucasus.
The IDGC Holding board asked its representatives to vote in favor of including the issue of raising company charter capital on the agenda of an IDGC North Caucasus shareholder meeting.
Charter capital is to be increased through an additional share issue of no more than 2.54 billion rubles, an amount IDGC Holding obtained from the federal budget, and IDGC Holding is to maintain its stake in the charter capital of its subsidiary.
The shares will be placed through open subscription.
The placement price will be based on the weighted average price of deals with IDGC North Caucasus common shares over a three month period on the MICEX Stock Exchange.
IDGC North Caucasus has charter capital of 56.09 million rubles, split into shares with par value of 1 ruble.
IDGC North Caucasus provides electricity on grids with voltage of from 0.4 kV to 110 kV, and also connects consumers to grid infrastructure in the North Caucasus Federal District. IDGC Holding owns 78.01% of the company.
(Our editorial staff can be reached at firstname.lastname@example.org)
March 31, 2015
Russia political and economic calendar: March 31
March 30, 2015
Agriculture becomes Ukraine's export revenue locomotive - Poroshenko
Russia, China disagree with sextet partners on Iran sanctions - media
All of Nemtsov's children seek victim status - lawyer
Putin to discuss current affairs with Russian Security Council members Tuesday
Kremlin sees no problem in disclosure of foreign leaders' personal data by Australia (Part 2)
Russian govt to consider gas discounts for Ukraine shortly - energy minister
Kremlin spokesman not commenting on Gazprom discount gas offer for Ukraine
Putin could go to Baku for European Olympic Games - Peskov
Kremlin sees no problem in disclosure of foreign leaders' personal data by Australia
UEFA opens disciplinary case against Russian Football Union over fan conduct in Podgorica
Peskov declines to comment on opposition claims about Nemtsov report
UEFA opens disciplinary inquiry against Montenegrin football association