OGK-2 shareholders approved an increase in the authorized capital through an additional issue
Shareholders “OGK-2» voted to increase the authorized capital of the company by placing additional shares in favor of GEH Engineering LLC. About it it says in a company message.
The approved volume of additional issue is 48.3 billion shares with a par value of 0.3627 rubles. each for a total amount of 17.5 billion rubles. The shareholders also approved the method of placing additional shares by private subscription and the circle of persons among whom it is planned to place the shares – “GEH Engineering”. The form of payment is indicated in cash in rubles or by offsetting monetary claims to “OGK-2“
Against the backdrop of the news, quotes during trading on the Moscow Exchange decreased by 3.37% to a minimum of 0.588 rubles. As of 18:10 Moscow time, the securities cost 0.5895 rubles. (-3.12%), the Moscow Exchange index was 3191.24 (+0.52%). Since the beginning of the year, the benchmark has grown by 47%, the company’s quotes by 7%.
OGK-2 included in “Gazprom energy holding”. The company’s net profit according to IFRS for the first half of 2023 decreased by 0.6% in annual terms to RUB 12.35 billion. At the same time, the company’s revenue for the reporting period increased by 14.5% to 78.59 billion rubles. EBITDA remained almost unchanged and amounted to RUB 22.036 billion.