OREANDA-NEWS. From October 23 the common stocks of Belomorsko Onezhskoe Shipping (BOP) are out of the quotation in the RTS Board due to the conversion into the common stocks of Nevskaya Shipping Company.

Four issues launched by the latter were registered in the total volume of 40.4mln rub. placed through the conversion within the merger of Kronverk, BOP, Brig, Invest Marine.

The first issue is worth 12.36mln covering 12363636 stocks of 1 rub. par.
The second is worth 7.1mln rub. covering 7118985 stocks of 1 rub. par.
The third - 9.09mln rub. covering 9090909 pcs of 1 rub. par. The forth - 11.9mln covering 11873950 pcs of 1 rub. par.

Belomorsko Onezhskoe Shipping was set up within the privatization of Shipping to deal with the time-charter rent of the ships. The main consumer - Nevskaya Shipping Company; subs - Onezhskaya Stevedore Company; Robalt Shipping Company, Elbonega Shipping GmBH.
The 2008-revenues declined 139.512mln rub. against prior year figures.
The share capital is worth 71.180mln rub. split in 7118985 common stocks of 10 rub. par.