OREANDA-NEWS. August 04, 2009. Uranium Holding ARMZ (Atomredmetzoloto OJSC) received 16.898bln RUR from Rosatom State Nuclear Energy Corporation in the framework of additional issue of its shares, reported the press-centre of Minatom.

It was the first tranche of the money to be given to ARMZ in compliance with governmental decree № 909-р (July 11 2009) to provide Rosatom with budgetary subsidies in the form of the state’s property contribution worth 50bln RUR so the Corporation could purchase ARMZ’s shares.

As a result of the first tranche, Rosatom has received 4,256,649,874 ordinary nominal uncertified shares of Atomredmetzoloto (registration number 1–01–03912-А-002D) and has become the owner of controlling stake in ARMZ (51.83%).