On May 22nd, 2008 the Board of Directors of OJSC "RTS" decided to raise the question of additional issue of RTS shares at the Annual general shareholders meeting. The additional issue of privileged registered shares with par value of 1 RUR is supposed to be privately placed in favour of NP RTS in the number of 6 320 447 shares. The number of declared shares equals 16 000 000.
RTS Board of Directors set the placing price for privileged registered uncertificated RTS shares at 94,93 RUR. Thus, placement of 6 320 447 registered privileged shares will increase the authorized capital of OJSC "RTS" by 6 320 447 RUR. In the result of placement 600 000 033,71 RUR will be raised.
The additional issue of RTS shares will be carried out within the framework of the initiative on integrating clearing of the spot and derivative markets through creation of an integrated RTS Clearing Center on the basis of JSC "RTS Clearing Center".
