print version 

Find company
Home About the ProjectContact usFor the Clients
Enter code or ISIN
 
alpha / industry search

Issuers' Corner
Press Releases
Annual Reports Library

Financial Statements
SEC & FFMS Filings
Corporate Presentations
GM Materials
Issues Documents
Corporate Governance Materials
Russian Company Guide
Company Profiles
Corporate Calendar
Markets Corner
Consensus Estimates
Media Corner
News Line


Get updates



Home  Issuers' Corner  Press Releases REGISTER LOG IN

Press Releases

company search
all press releases
all Norilsk Nickel MMC press releases

Norilsk Nickel MMC

September 3, 2003

Norilsk Nickel announces final results of tender offer for shares of Stillwater Mining Company

Moscow, September 3, 2003 - MMC Norilsk Nickel (“Norilsk Nickel”) (GMKN RU; NILSY US; MNOD LI) announced today the final results of the offer by its wholly owned subsidiary, Norimet Limited (“Norimet”), to purchase up to 4,350,000 shares of Stillwater Mining Company (“Stillwater”) (NYSE: SWC) common stock, at a cash price of $7.50 per share (subject to applicable withholding of United States federal, state and local taxes), which expired at 12:00 midnight, New York City time, on Tuesday, August 26, 2003.

Based on the final count by The Bank of New York, the depositary for the offer, 33,880,717 shares were validly tendered and not withdrawn. Norimet will purchase 4,350,000 shares in the offer, resulting in a proration factor of approximately 12.8% of the shares validly tendered. The Bank of New York will promptly issue payment for the shares validly tendered and accepted for purchase and return all other shares tendered.

Any questions regarding the tender offer should be directed  to  D.F.  King  &  Co., Inc., the information agent for the offer, at (800) 714 3313.

ABOUT NORILSK NICKEL

Norilsk Nickel is one of the world’s leading mining companies and is the world’s largest producer of nickel and palladium. Norilsk Nickel is also one of the leading producers of copper, platinum and gold. More information on MMC Norilsk Nickel can be found at its Web site: www.nornickel.ru.

 



 

Copyright © 2002 JSC MMC "Norilsk nickel"

 

 

 

Search by industry

Agriculture, Foresty and Fishing | Chemicals | Engineering | Ferrous Metals | Financial, Insurance & Real Estate | Food & Kindred Products | General Construction | Information Technology | Media & Publishing | Non-Ferrous Metals | Oil & Gas | Pharmaceuticals | Power Industry | Precious Metals and Diamonds | Telecommunications | Transportation | Wholesale & Retail Trade

Search by alpha index

A B C D F G H I K L M N O P R S T U V W X Z


Site Map
© RUSTOCKS.com
Privacy Statement | Disclaimer