Key Developments: RusPetro PLC (RPO.L)
26.00GBp
11:35am EDT
-1.00p (-3.70%)
27.00p
27.50p
27.50p
26.00p
368,639
903,860
159.48p
13.51p
Latest Key Developments (Source: Significant Developments)
Ruspetro PLC Executive Director Raises Stake in Company to 17.2%-Interfax
Interfax reported that Mr. Alexander Chistyakov, the Executive Director of Ruspetro PLC which leads production in the Khanty-Mansiisk Autonomous District, has raised his stake in the Company to 17.18% by purchasing 30,000 shares, Ruspetro PLC reported. Mr. Chistyakov paid 33 pence per share, with the entire purchase ringing up to GBP 9,900, or approximately USD 15,100. At the beginning of 2013, Mr. Chistyakov held a 12.7% stake in Ruspetro PLC, which he has increased several times. Full Article
Ruspetro PLC Announces Inclusion In FTSE 250 Index
Ruspetro PLC announced the inclusion of the Company in the FTSE 250 Index. The inclusion follows the successful Initial Public Offering of the Company in January 2012 and will come into effect after market close on March, 16. Full Article
Ruspetro PLC Announces Exercise Of Over-Allotment Option
Ruspetro PLC announced that in connection with its initial public offering of ordinary shares (the Global Offer), Merrill Lynch International, as stabilising manager, has partially exercised the over-allotment option in respect of 4,586,848 ordinary shares in the Company (the Over-allotment Shares). The Over-allotment Shares will be issued at the offer price of GBP1.34 per Over-allotment Share, raising additional gross proceeds for the Company of GBP6.1 million. Including the exercise of the over-allotment option, the total size of the Global Offer was 126,128,848 ordinary shares, in total representing 38.4% of the 328,794,632 ordinary shares of the Company currently in issue. Following the partial exercise of the over-allotment option, the Company will have a free float of 40.8% and Limolines Transport Limited will hold 29.7% of the issued share capital of the Company. Full Article
Ruspetro PLC Announces Admission To Trading On London Stock Exchange
Ruspetro PLC announced that its ordinary share capital of 328,794,632 shares has been admitted to the Official List of the UK Listing Authority and to trading on the London Stock Exchange's main market for Listed securities, under the ticker RPO. Full Article
Ruspetro PLC Announces Pricing Of IPO
Ruspetro PLC announced the pricing of its IPO (the Offering). The Offering has been priced at GBP1.34 per share (the Offer Price), giving the Company an indicative market capitalization of GBP441 million ($676 million). Gross proceeds to the Company from the Offering amount to GBP163 million ($250 million), including conversion of earlier existing debt. The Offering comprises 121,542,000 new ordinary shares representing approximately 59% of the Company's Shares, with the post-offer free float expected to be 40%. The Offering includes an over-allotment option of up to ten per cent. of new ordinary shares. The Company is expected to use the net proceeds from the Offering: to implement the Group's Development Plan, focusing on the following: drilling over 100 wells by 2014; new infrastructure, including building a new 27 kilometer pipeline to the Transneft pipeline; installing electricity generating units that utilize associated gas, and initiating phase I of a new central processing facility; meeting other operational and financing costs o to repay debts related to acquisitions and accrued interest due under a loan facility; and for general corporate purposes. Full Article
DIARY - Switzerland - Corporate events from Apr 15,2013
Date GMT Event Title RIC --------------------------------------------------------------------------------------- 15-Apr HU E-Star Alternativ Energiaszolgaltato Nyrt cs a AGM 15-Apr RU Q1 2013 Etalon Ltd Trading Update 15-Apr RU 13:00 Etalon 1Q 2013 Trading Update 15-Apr RU Gazprom OAO at Bank of America Oil & Gas Investor
Earnings vs. 
Estimates
Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests.
NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.
