SKB-Bank goes through with share issue
SKB-Bank is to start handling an issue of registered ordinary uncertificated shares on April 21, 2008. This additional share issue was registered on March 20, 2008 by the Central Bank’s Licensing Department (the state registration number is 10600705В012D). Each of the issue’s 471,630,000 shares has a face value of 1 RUR, while the selling price will come to 3.7 RUR apiece, even for shareholders with preemption rights; the shares are most likely to be acquired by the European Bank for Reconstruction and Development and Sinara Group; the stock cannot be classed as the issuer’s bonds or options.