Stroytransgaz has completed a placement of shares
Interfax, 03.02.2011
MOSCOW. (Interfax) – Stroytransgaz, a company in which Gunvor co-owner Gennady Timchenko controls 77.5% of shares, has completed a private placement of supplementary shares, the company said in a statement.
The company placed 28.5% of the supplementary issue (946,341 shares out of 3,321,945) among existing shareholders. The placement price was 6,340 rubles each, or a total of about 6 billion rubles.
The shares went to Merevale Investments Ltd (199,048 shares), Yarntret Trade Ltd (157,760), Yubaska Holdings Ltd (108,029) and Exbridge Trading Ltd (481,504). Share exchange agreements were signed with all the companies acquiring shares.
Stroytransgaz earlier acquired 100% of Metos, Pulsar and Feniks (all limited liability companies), 62.5481% of Stroytransgaz-Invest (62.3136% of ordinary shares). Those shares will go to paying up the supplementary issue.
Stroytransgaz is owned by Gazprombank (19.46% of shares), Merevale Investments (18.45%), Yubaska Holdings (13.24%), Yarntret Trade (22.98%) and Mindfild Trading (22.82%). All four companies are part of Volga Resources, which is owned by Timchenko.
Stroytransgaz is an engineering-construction company operating primarily in the oil, gas, and electric power industries.
