RN Holding’s Board of Directors recommends shareholders to accept Rosneft’s proposal on purchase of their shares
Edited by Rhod Mackenzie / 2013-11-15 06:44:37
The RN Holding’s Board of Directors has recommended shareholders to accept Rosneft’s proposal on the purchase of their shares, the holding company reports.
The voluntary proposal was made concerning 1.918 billion of ordinary shares and 450 thousand of preferred shares of RN Holding.
The actual price is 67 rubles for 1 ordinary share and 55 rubles for 1 preferred share. The term of the proposal acceptance is 75 days since it was made and will expire on January 20, 2014. RN Holding received the Rosneft’s voluntary proposal on November 6tth
