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Gazprom OAO's Wholly Owned Subsidiary Gazprom Pererabotka LLC to Buy Gazprom neftekhim Salavat OAO's Stock from Minority Holders at Little Over Market-Interfax


Monday, 25 Mar 2013 07:09am EDT 

Interfax reported that Gazprom OAO's wholly owned subsidiary Gazprom Pererabotka LLC, has sent to Gazprom neftekhim Salavat OAO's minority holders a mandatory offer to buy their shares, a statement from the Bashkortostan enterprise says. The shares will be bought for RUB 5,385 each, 6% higher than their market value on March 22, when the offer was made. At that price, Gazprom Pererabotka bought stock in the enterprise in the context of a mandatory offer in July of last year. The date a list of owners of the stock to be bought was established at March 17. Gazprom neftekhim Salavat OAO's charter capital consists of RUB 18.55 million split into the same number of shares with par value of RUB 1. Gazprom Pererabotka LLC owns 97.86% of Gazprom neftekhim Salavat OAO's stock. To buy up the shares, Gazprom Pererabotka LLC will spend some RUB 2.1 billion. 

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