OREANDA-NEWS. Wimm-Bill-Dann Foods OJSC [NYSE: WBD], Russia’s leading manufacturer of dairy products and beverages, today announced that certain shareholders of the Company took a decision to facilitate an increase in stock liquidity in the Russian market by offering up to 4,400,000 local common shares of Wimm-Bill-Dann Foods’ (or up to 10% of the outstanding shares) in a lead managed public offering.

Wimm-Bill-Dann Foods will not sell any shares in, and will not receive any of the proceeds from, the proposed offering.

Troika Dialog is the sole book-running manager of the offering.