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  Unified Energy System REGISTER LOG IN

Press Releases > Unified Energy System  all about the company

company search
all press releases
all Unified Energy System press releases

Unified Energy System

April 7, 2006

FSFM of Russia registers additional share issue of WGC-6

Moscow, 7 April 2006. The Federal Service for Financial Markets of Russia (FSFM) on 6 April 2006 registered an additional share issue of OAO "WGC-6".* The shares are intended for a private placement ("closed subscription") to RAO "UES of Russia" and the minority shareholders in OAO "TPP-24" and OAO "Cherepovetskaya TPP".

According to the Resolution authorizing share issuance, OAO "WGC-6" will place 4,096,167,800 additional ordinary shares, par value RUB1 per share. The share issue has been assigned the state registration number 1-01-65106-D-001D.

The issuance of additional shares will start on the fifteenth day after a notice of state registration of the additional share issue and the details of accessing the information contained in the prospectus are published in the Izvestia newspaper. The share placement period will end upon expiration of thirty days after the start date of placement of the additional shares, or on the date on which the last share of the additional issue is placed, if such date comes earlier.

Currently, the authorized capital of OAO "WGC-6" is RUB23,008,616,898 and comprises 23,008,616,898 ordinary shares of RUB1 par value each.

The resolution to increase the authorized capital of OAO "WGC-6" was taken on 23 December 2005 by the Board of Directors of RAO "UES of Russia" performing the functions of EGM of OAO "WGC-6".

The target model for OAO "WGC-6" is to be achieved through reorganization of OAO "WGC-6" through merger of OAO "TPP-24", OAO "Kirishskaya TPP", OAO "Krasnoyarskaya TPP-2", OAO "Novocherkasskaya TPP", OAO "Ryazanskaya TPP", OAO "Cherepovetskaya TPP" with and into OAO "WGC-6".

It is planned to complete the subsidiary share exchange at OAO "WGC-6" in Q2 2006, and the merger of the subsidiary power plants with and into OAO "WGC-6" in October 2006.

___________________________________________________________________

* The resolution to establish OAO "WGC-6" as a wholly-owned subsidiary of RAO "UES of Russia" was taken by the Board of Directors at the meeting held 24 December 2004. OAO "WGC-6" was registered with the state authorities on 17 March 2005 in the city of Rostov-na-Donu.

The Director General of the Company is Valentin Sanko. Pursuant to order of the Russian Government, the following companies were included in OAO "WGC-8": OAO "Ryazanskaya TPP", OAO "TPP-24", OAO "Novocherkasskaya TPP", OAO "Kirishskaya TPP", OAO "Krasnoyarskaya TPP-2", and OAO "Cherepovetskaya TPP".

 

 

 

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