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Rosseti OAO Sells Stake in JSC SCPE-SKRIN

Wednesday, 17 Apr 2013 10:15am EDT 

SKRIN reported that on April 17, 2013 Rosseti OAO sold its 25% equity interest equaling to 1,567,659 shares in Joint-Stock Company South Centre of Power Engineering (JSC SCPE) to LLC Management of South Centre of Power Engineering for a total consideration of RUB 205 million. The sale of shares has completed the sale and purchase agreement with a 5-year delayed payment and delivery signed on 11 April 2008. The transaction is in line with the Company's programme of disposal of non-core assets. Currently the Company does not own shares of JSC SCPE. 

Company Quote

0.0050 +0.65%
30 Dec 2013