Moscow. 18 November 2005. The Federal Service for Financial Markets (FSFM) of Russia registered on 17 November 2005 the Prospectus of share issues of OAO "Permenergoremont" distributed among the shareholders of the company reorganized through spin-off (i.e. OAO "Permenergo").
OAO "Permenergoremont"
- 36,210,960 uncertificated registered ordinary shares, par value RUB1.5 per share, for a total value of RUB54,316,440. The state registration number assigned to the share issue is 1-01-50125-? dated 21 June 2005;
- 11,353,500 uncertificated registered Type A preferred shares, par value RUB1.5 per share, for a total value of RUB17,030,250. The state registration number assigned to the share issue is 2-01-50125-? of 21 June, 2005.
OAO "Permenergoremont" completed its state registration on 1 April 2005.
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Information for the attention of stock market participants:
Shares in the spin-off companies were distributed among the shareholders of the company reorganized through spin-off.
Shareholders in the reorganized regional energo are entitled to receive, for each share of the class (type) held by them, shares of the same class (type) in each of the newly established companies, at a ratio determined in the resolution on the reorganization.
The date on which the shares in the spin-off companies are placed is the date of state registration of the companies established as a result of regional energos' reorganization. The new shares are to be credited to the securityholder accounts with registrars and to the securities safekeeping accounts with securities depositories in accordance with the records in the share register of the regional energo as at such date.
The new shares are to be credited to the securityholder accounts by the Registrar maintaining the share registers of the newly established companies.
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