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News // Oil and gas worldwide

TNK Issues More Shares

13 March 2001 , 14:08502
The Federal Commission on Securities Market registered the emission of the shares of the three Sibneft affiliate companies, among shich sre the emissions of Sibneft-Noyabrskneftegaz. The listing will be carried out by means of exchange of 1 ordinary registered non-documentary share for 1376583 ordinary shares listed earlier, and of 1 preferred share for 785450 preferred earlier listed shares.
The procedure of shares` exchange is carried out to complete the consolidation of the company and the preparation for the holding transfer for a united share.

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