The auctions by actions “ Rosneft “ on RTS will begin on July, 17thBoard of directors of RTS has made the decision on the beginning of the exchange auctions by actions “ Rosneft “ since July, 17th from 10:30 Moscow time, have informed in a press - RTS service. Papers will be included in kotirovalnyj the list “ In “ (“ V “) .
Securities “ Rosneft “ within the limits of IPO take place on the Russian platforms - the Moscow Interbank Stock Exchange and RTS, and at the London stock exchange (LSE). The placing price is defined in 7,55 dollars for a security. The preliminary auctions on LSE have begun today after 13:00 Moscow time, the ceiling price under transactions makes 7,95 dollars for the action. The beginning of the official auctions in London is expected on July, 19th.
all “ Rosneft “ assumes to involve during IPO at the price of placing 10,4 mlrd dollars Number of actions and GDR, sold by the basic shareholder “ Rosneft “ - Open Society “ Rosneftegaz “ will make 1 mlrd 126 million 357 thousand 616 pieces for a total sum 8,5 mlrd dollars Itself “ Rosneft “ will sell 253 million 874 thousand 997 actions in the form of GDR for a total sum 1,9 mlrd dollars, not including an option dorazmeshchenija which the company has allowed to get to banks - to co-ordinators at a rate of 52 million 980 thousand 132 actions in the form of GDR that makes about 4 % from total amount IPO.
Thus on LSE it is planned to place during IPO 867 million 172 thousand 695 GDR, not including possible dorazmeshchenija. Without an additional option, in the form of GDR 62 % of all placed actions " will bargain; Rosneft “.
According to the company, the volume of the submitted demands at the price of placing has exceeded volume of placed actions approximately in 1,5 times and has made more than 15 mlrd dollars Strategic investors have submitted 21 % of demands from total amount, the international investors from the USA, Europe and Asia - 36 %, the Russian investors - 39 %, the Russian retail investors - 4 %. From the Russian retail investors it has been submitted more than 115 thousand demands.
the means involved “ Rosneftegazom “ will be directed on payment of the syndicated credit at the rate about 7,5 mlrd dollars “ Rosneft “ will direct the involved resources on repayment of financial debts, financing of the program of capital investments and obshchekorporativnye to the purpose.
As capitalisation " is marked in the message, proceeding from the confirmed volume and the price of placing and taking into account the exchange of actions connected with consolidation of the company; Rosneft “ will make 79,8 mlrd dollars It is expected that consolidation “ Rosneft “ it will be finished up to the end 2006ã.
we Will remind, placing of actions “ Rosneft “ is the fifth on size in the world and the largest among the Russian companies.