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ROSSETI

June 1, 2011

JSC IDGC Holding has received new permission to float itís shares abroad

According to official web-site of the Federal Financial Markets Service (FFMS) dated May 31, 2011, FFMS has given its permission to float abroad 10 158 010 396 of common and 518 137 346 preferred of JSC IDGC Holding shares.
Taking into consideration permission, which was given earlier, total amount of shares to float abroad equals to 10 260 438 496 of common and 518 787 346 preferred shares, according to the amount of securities, defined by the decision of the Board of Directors of JSC IDGC Holding dated March 29, 2011. The abovementioned amount of shares, including additional share issue, equals to 23,88% of the total amount of common shares and 25% of preferred shares.
JSC IDGC Holding holds GDR-programs under Rule 144A and Regulation S both for common and preferred shares.

 

 

 

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