The company 'BTS-Most Holding,' owning 67.2% of shares in…
The company 'BTS-Most Holding,' owning 67.2% of shares in 'Yuzhuralzoloto' (YUGK), has submitted a mandatory offer for the company's shares to the Central Bank of Russia for approval.
Consensus
- BTs-Most Holding submitted a mandatory offer to the Central Bank of Russia for shares of Yuzhuralzoloto (YGK).
- BTs-Most Holding owns 67.2% of YGK's shares.
- The offer covers 32.8% of YGK's shares.
- The announcement caused an increase in YGK's stock price on Moscow Exchange.
- The stock price rose by 5.37% to 0.6655 rubles per share by 15:47 MSK on July 31.
- The offer was submitted on July 31.
Points of divergence
- The offer was submitted to the Central Bank of Russia on July 31. — vesti
- The offer was submitted on July 31, and the company changed its name to 'BTs-Zoloto' and appointed Oleg Shiryayev as CEO. — vedomosti
- BTs-Most Holding acquired 67.25% of YGK shares on July 17, after a fourth attempt at auction on June 19. — vedomosti
- The state-owned 67.2% stake was initially offered for 140.4 billion rubles, and the total value of assets previously owned by Konstantin Strukov and related parties was estimated at 162 billion rubles. — vedomosti
- BTs-Most Holding paid 93.2 billion rubles to Rosimushchestvo on July 6 for the acquired stake and related companies. — vedomosti
- The stock price rose 7% on July 31, reaching 0.6655 rubles by 15:47 MSK. — vesti
- The stock price rose 6% by 14:52 MSK to 0.6695 rubles per share. — vedomosti
Coverage (2 sources)
- BTS — Most Holding submitted a tender to the Central Bank for the purchase of Yugalko shares — Вести
- «BTS – Bridge Holding» submitted an offer to the Central Bank regarding YUGK shares — Ведомости