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Article: Russia's Unimilk completes share placement in favor of Unimilk Holdings.
- Article from:
- Russia & CIS Business and Financial Newswire
- Article date:
- July 22, 2009
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Russia's Unimilk completes share placement in favor of Unimilk Holdings
MOSCOW. July 22 (Interfax) - Russian dairy producer Unimilk has completed the placement of 12.5 million new shares in favor of shareholder Unimilk Holdings (Cyprus) Ltd, which owns an 89.25% stake in the company, Unimilk said in a statement.
Unimilk placed 10.73 billion rubles worth of shares at a price of 0.83 rubles per share.
The Federal Financial Markets Service (FFMS) registered the share issue in late December 2008. The additional shares will boost the company's charter capital by almost 50% to 389 million rubles from the current 263.97 million rubles.
The ...