December 2, 2016 / 7:26 AM / 8 months ago

BRIEF-Europlan places 20.8 million shares on Moscow Exchange

1 Min Read

Dec 2 (Reuters) - Europlan

* Says placed 20.8 million shares in secondary public offering on Moscow Exchange raising 15 billion roubles ($234.34 million)

* Says has set the exchange ratio for the share swap at 0.0033 shares of non-state pension fund NPF Safmar for one Europlan share and 0.8113 shares of VSK for one Europlan share

* Says received preliminary offers for 149,763 shares of non-state pension fund NPF Safmar, corresponding to 45.8 million Europlan's shares and 17.9 million shares of VSK, corresponding to 22 million Europlan's shares

* Says it did not receive applications to exercise pre-emptive rights to acquire Europlan shares

* Say the final results of the placement are expected on Dec. 5 Source text - bit.ly/2gN1ePD

Further company coverage: ($1 = 64.0100 roubles) (Gdynia Newsroom)

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