13.08.2008 10:11
Aug 13. The Federal Securities Service (FSS) HAS registered reports on FGC's additional shares floated as part of the unbundling process from UES. As the financial market watchdog said in a press release, all in all FGC placed 771,743,118,296 common shares with RUB 0.50 par value each. The additional shares were converted into common and preferred shares of intermediary company, State Holding. Funds due to FGC from the sale of UES assets, and also shares of gencos for which the utility holding had no time to close relevant transactions, were maintained on State Holding's balance sheet.
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