Date: 9 months ago   Category: Energy

Stocks of Rosseti at the Moscow Exchange have risen 10% for information on a possible additional issue — Rambler News Service


The cost of common stocks of Rosseti has grown during trading on October 2 more than by 10%, data of the auction in the Moscow Exchange demonstrate. As of 12:32 Moscow time cost of one common stock of Rosseti made 0,7843 rub. Growth of quotations since the beginning of the auction was 10,23%. The cost of preference shares of the company has grown by 2,68% and has reached 1,339 rub for paper. Earlier the Kommersant newspaper has reported that Rosseti have made the decision to begin a procedure for preparation for additional share issue which purpose — decrease in share of the state in the company from 88,04% to 75% of 1 stock. Placement of shares can begin at the end of 2019. For this purpose Rosseti need to increase the market value of an action to nominal (1 rub) as it is forbidden to sell shares within an additional issue lower than the face value.

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