Rosneft has announced mandatory buyout of RN Holding shares

Rosneft OC JSC has announced about buyout of RN Holding shares on the price of free-willed offer of 67 rubles for equal share and 55 rubles for preference share. Now Rosneft holds 99.54% in RN Holding. By April 22, they are going to compile the list of the shareholders for the securities to be bought out. Within 15 days from receiving of the mandate for stocks buyout RN Holding will have to send the mandate for stocks buyout to their holders in the order set by the federal law on joint stock companies for sending of the message about execution of the common shareholders session.

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Oil and Gas, Metals and Mining, News from Russia and neighbouring countries
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