Press releases | Archive 2004
RBC announces plans to organize a capital increaseRBC announces plans to organize a capital increase
The offering, which is being managed jointly by Aton Capital, Deutsche UFG(*) and Troika Dialog, is expected to be completed in June 2004. Proceeds of the offering are expected to fund RBC's acquisition plans. Financial Advisor to the Company is ABD/ City Capital Corporation.
Earlier this week, RBC publicly disclosed in accordance with Russian securities legislation that an increase in its capital had been duly registered, authorising the intended issuance and placement of 15 million additional ordinary shares (representing 15% of RBC's share capital).
(*) Deutsche UFG - the brand name used by Deutsche Bank AG and United Financial Group when acting together.