FSFM Registers Share Placement Reports of TGC-4, WGC-4, INTER RAO UES
OREANDA-NEWS. On August 11, 2008 The Federal Service for Financial Markets of Russia registered reports on the results of additional issues of ordinary shares of OAO "TGC-4" (the issue was carried out in the course of the spin-off of OAO "TGC-4 Holding" from RAO "UES of Russia" and its simultaneous merger with and into OAO "TGC-4" through conversion of ordinary and preferred shares of OAO "TGC-4 Holiding" into additional shares of OAO "TGC-4"), reportin on the results of the additional issue of ordinary shares of OAO "WGC-4" (issued in the course of the spin-off of OAO "WGC-4 Holding" from RAO "UES of Russia" and its simultaneous merger with and into OAO "WGC-4" through conversion of ordinary shares of OAO "WGC-4 Holding" into additional shares of OAO "WGC-4"), and additional issues of ordinary shares of OAO "INTER RAO UES" issued through conversion in the course of merger of OAO "INTER RAO UES Holding" and OAO "Kaliningradskaya CHPP-2" with and into OAO "INTER RAO UES", reported the press-centre of RAO "UES of Russia".
These additional share issues were part of the technical issues of additional shares by the companies comprising the intended sector structure during the merger of the respective holding companies spun off from RAO "UES of Russia" during the final phase of the Company's reorganization. The technical issue shares held by any RAO UES shareholder in each company comprising the intended sector structure will not exceed 3 percent.
Under applicable laws, shareholders are free to dispose of all their shares in OAO "TGC-4", OAO "WGC-4", OAO "INTER RAO UES" which they have received in exchange for their shares in RAO "UES of Russia" as a result of the Company's reorganization.
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