PJSC “RUSSNEFT” PROPOSES LOAN EXTENSION FOR CONSIDERATION OF THE BOARD OF DIRECTORS
Moscow. PJSC “RussNeft” will hold an extraordinary shareholders meeting as an absentee voting to approve of the major transaction, interested party transactions and interrelated interested party transactions, the issuer said.
The source who is familiar with the agenda of the extraordinary shareholders meeting told Interfax that the transaction is related to extension of a considerable loan from one of the Russian banks on the conditions which are more comfortable for the Company and involves postponing the loan pay-off date for the later period.
The list of persons for the meeting will be made on the basis of the registrar data as of December 30, 2016.
The call price of ordinary shares amounts to 503.99 Rub. for the purchase from the shareholders who are not taking part in the voting or vote “against”.
On Wednesday the call price of PJSC “RussNeft” shares during the close of trading at MOEX reached 559.8 Rub.
The shareholder within IPO placed the shares at 550 RUB per unit.