OREANDA-NEWS. On July 27, 2007 OAO Pharmacy Chain 36.6 (MICEX: RU14APTK1007; RТS: APTK] announced that the company’s Board of Directors has approved a decision to conduct an additional emission of Company’s ordinary shares, reported the press-centre of Pharmacy Chain 36.6.

The additional emission, which totals 1,5 million ordinary shares, will be placed through open subscription with current shareholders in the company given the execution of preemptive right of purchase of new shares in the company. The overall size of the additional share emission comes to 15.8% of the company’s increased charter capital.

The placement price of the additional emission will be determined after government registration of the shares placement prospectus, and after the end of the period set for existing shareholders to purchase additional shares.

The broker for the placement is Troika Dialog Investment Company.

Commentary:

Artem Bektemirov, CEO, Pharmacy Chain 36.6:
“The additional shares issue will provide for the steady growth of Pharmacy Chain 36.6, increase the company’s financial stability and the liquidity of its shares. The money attracted through the placement will be directed towards expanding the company’s retail operations, and towards investments in the medical services segment, as well as the development of the company’s internal infrastructure.”