Rus News Journal

Has gone on the second circle: Globaltrans intend to involve during SPO $450 million

Globaltrans Investments intend to involve 450 million dollars through secondary placing of actions (SPO). The range of the price of placing makes 16 - 17,25 dollars for global depozitarnuju the receipt (GDR), the press - company release is told in published.
supervising shareholder Globaltrans - Transportation Investmenrs Holding Limited - will give bukranneram an option for a resubscription: GDR on additional 50 million dollars it will be possible to get at the price of placing. Everyone GDR corresponds to one ordinary share of company. After SPO free - float (the share of actions in the free reference) the companies will make 48 % (in case of execution of an option for a resubscription in full).
As general director Globaltrans Sergey Maltsev, the railway market " has noted; has ripened for consolidation and the company position allows it to go after this tendency. SPO will allow to strengthen position of the company and will give it additional resources if Globaltrans will dare at the further purchases.
it is necessary to notice that on May, 16th 2012. Globaltrans has closed the transaction on acquisition at Open Society metalloinvest 100 % of actions of the operator of cargo rail transportation metalloinvesttrans (Meath) for 540 million dollars (without money resources and debts on balance).
About the transaction it became known in April 2012. Then it was informed that transaction financing will be carried out with use of own means of group Globaltrans and at the expense of open demand lines of credit. It was noticed that the given transaction will allow Globaltrans to the middle 2012. To increase the general carload park to approximately 60 thousand units.
on July, 2nd 2012. The European bank of reconstruction and development (European Reconstruction and Development Bank) has approved the credit on 2,5 mlrd rbl. to group Globaltrans for rendering of support of modernisation of the Russian railway branch.
we Will notice that the corrected gain of group Globaltrans in I quarter 2012. Has grown on 5,3 % and has made 304,9 million dollars Profit on the action has made 0,52 dollars, having increased by 33,4 % in comparison with a similar indicator year before.
Board of directors Globaltrans also has approved dividendnuju a policy according to whom plans to direct annually on payment of dividends to shareholders not less than 30 % from the consolidated net profit of group, being based on results of the company for directly previous fiscal year under the international standards of the financial reporting (MSFO). The company reminds: payment of dividends will be made according to the legislation of Cyprus where it is registered.
Globaltrans is one of the largest Russian private operators of a railway cargo rolling stock. The company park exceeds 50 thousand units of a rolling stock. In May 2008. Globaltrans has taken place at the London stock exchange. Company net profit under the international standards of the financial reporting (MSFO) for 2011. Has grown in comparison with previous year on 40 % - to 225,9 million dollars