JSC Open Investments: JSC OPIN receives a controlling shareholder, which files a notice with regulators to perform mandatory tender offer of the company stock
EquityStory.RS, LLC-News: JSC Open Investments / Key word(s):
Miscellaneous/Miscellaneous
JSC Open Investments: JSC OPIN receives a controlling shareholder,
which files a notice with regulators to perform mandatory tender offer
of the company stock
06.03.2012 / 07:33
---------------------------------------------------------------------
THIS ANNOUNCEMENT IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY
OR INDIRECTLY, IN OR INTO THE UNITED STATES OF AMERICA
JSC OPIN
JSC OPIN RECEIVES A CONTROLLING SHAREHOLDER,
WHICH FILES A NOTICE WITH REGULATORS TO PERFORM
MANDATORY TENDER OFFER OF THE COMPANY STOCK
Joint Stock Company 'Open Investments' (JSC 'OPIN' or the 'Company')
(BLOOMBERG: MICEX - OPIN.RM), one of the leading real estate developers in
Russia, today announces the receipt of a Notice from its shareholder ONEXIM
HOLDINGS LIMITED that the later increased its share ownership in the
Company to 9,703,080 shares representing 63.75% of total stock from
4,584,066 shares representing 30.12% of total stock.
OPIN also received a Notice from ONEXIM GROUP LIMITED that the later became
a controlling shareholder of the Company with the total share ownership of
12,659,224 shares representing 83.17% of total stock since ONEXIM GROUP
LIMITED is a shareholder in ONEXIM HOLDINGS LIMITED and LEONINA INVESTMENTS
LIMITED.
Due to such events and in accordance with article 84.2 of the Federal Law
#208-FZ 'On joint stock companies' as of 26.12.1995 ONEXIM GROUP LIMITED
sent a Notice to the Russian Federal Markets Authority (FSA) of a mandatory
tender offer to shareholders for 2,561,569 of ordinary shares (16.8%) of
OPIN. After review by FSA, a mandatory tender offer will be sent to the
Company. Share price and other conditions will be published after the
receipt of mandatory offer by the Company.
- ends -
For further information, please contact:
Investors:
Stanislav Joukov +7 495 363 2211 ext. 2388
Media:
Anna Rogova +7 495 363 2211 ext. 2513
About OPIN
Established in 2002, JSC OPIN is one of the leading real estate development
companies operating in Russia.
OPIN is focused on the development of master-planned multi-format
residential communities and the operation of high-quality commercial
properties in Moscow and the Moscow Region. Having completed nearly 200,000
sq. m of commercial space and 500 ha of developed master-planned
communities, today OPIN is a well-recognised brand in the domestic market,
known for the market-leading quality of the projects it delivers. Through
its property expertise and successful track record, the Company's strategic
goal is to become a platform for the consolidation of assets in the real
estate industry in Russia.
The Company's majority shareholder is ONEXIM Holdings Ltd, a major private
investment group in the CIS region with a diversified portfolio of assets
in mining, real estate, financial services, media, energy production and
high-tech.
In November 2004 OPIN was successfully admitted to the RTS stock exchange
and since then has carried out six secondary public offerings, raising
nearly US$2 billion.
Further details can be found on the OPIN website at www.opin.ru
End of Corporate News
---------------------------------------------------------------------
06.03.2012 Dissemination of a Corporate News, transmitted by
EquityStory.RS, LLC - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
EquityStory.RS, LLC's Distribution Services include Regulatory
Announcements, Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
---------------------------------------------------------------------
Language: English
Company: JSC Open Investments
Tverskoy blvr, 13/1
123104 Moscow
Russia
Phone: + 7 495 363 22 11
E-mail: info@opin.ru
Internet: www.opin.ru
ISIN: RU000A0DJ9B4
End of News EquityStory.RS, LLC News-Service
---------------------------------------------------------------------
159390 06.03.2012
EquityStory.RS, LLC-News: JSC Open Investments / Key word(s):
Miscellaneous/Miscellaneous
JSC Open Investments: JSC OPIN receives a controlling shareholder,
which files a notice with regulators to perform mandatory tender offer
of the company stock
06.03.2012 / 07:33
---------------------------------------------------------------------
THIS ANNOUNCEMENT IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY
OR INDIRECTLY, IN OR INTO THE UNITED STATES OF AMERICA
JSC OPIN
JSC OPIN RECEIVES A CONTROLLING SHAREHOLDER,
WHICH FILES A NOTICE WITH REGULATORS TO PERFORM
MANDATORY TENDER OFFER OF THE COMPANY STOCK
Joint Stock Company 'Open Investments' (JSC 'OPIN' or the 'Company')
(BLOOMBERG: MICEX - OPIN.RM), one of the leading real estate developers in
Russia, today announces the receipt of a Notice from its shareholder ONEXIM
HOLDINGS LIMITED that the later increased its share ownership in the
Company to 9,703,080 shares representing 63.75% of total stock from
4,584,066 shares representing 30.12% of total stock.
OPIN also received a Notice from ONEXIM GROUP LIMITED that the later became
a controlling shareholder of the Company with the total share ownership of
12,659,224 shares representing 83.17% of total stock since ONEXIM GROUP
LIMITED is a shareholder in ONEXIM HOLDINGS LIMITED and LEONINA INVESTMENTS
LIMITED.
Due to such events and in accordance with article 84.2 of the Federal Law
#208-FZ 'On joint stock companies' as of 26.12.1995 ONEXIM GROUP LIMITED
sent a Notice to the Russian Federal Markets Authority (FSA) of a mandatory
tender offer to shareholders for 2,561,569 of ordinary shares (16.8%) of
OPIN. After review by FSA, a mandatory tender offer will be sent to the
Company. Share price and other conditions will be published after the
receipt of mandatory offer by the Company.
- ends -
For further information, please contact:
Investors:
Stanislav Joukov +7 495 363 2211 ext. 2388
Media:
Anna Rogova +7 495 363 2211 ext. 2513
About OPIN
Established in 2002, JSC OPIN is one of the leading real estate development
companies operating in Russia.
OPIN is focused on the development of master-planned multi-format
residential communities and the operation of high-quality commercial
properties in Moscow and the Moscow Region. Having completed nearly 200,000
sq. m of commercial space and 500 ha of developed master-planned
communities, today OPIN is a well-recognised brand in the domestic market,
known for the market-leading quality of the projects it delivers. Through
its property expertise and successful track record, the Company's strategic
goal is to become a platform for the consolidation of assets in the real
estate industry in Russia.
The Company's majority shareholder is ONEXIM Holdings Ltd, a major private
investment group in the CIS region with a diversified portfolio of assets
in mining, real estate, financial services, media, energy production and
high-tech.
In November 2004 OPIN was successfully admitted to the RTS stock exchange
and since then has carried out six secondary public offerings, raising
nearly US$2 billion.
Further details can be found on the OPIN website at www.opin.ru
End of Corporate News
---------------------------------------------------------------------
06.03.2012 Dissemination of a Corporate News, transmitted by
EquityStory.RS, LLC - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
EquityStory.RS, LLC's Distribution Services include Regulatory
Announcements, Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
---------------------------------------------------------------------
Language: English
Company: JSC Open Investments
Tverskoy blvr, 13/1
123104 Moscow
Russia
Phone: + 7 495 363 22 11
E-mail: info@opin.ru
Internet: www.opin.ru
ISIN: RU000A0DJ9B4
End of News EquityStory.RS, LLC News-Service
---------------------------------------------------------------------
159390 06.03.2012