Russian retailer Detsky Mir has completed the restructuring process and its subsidiaries have started share purchase programs from shareholders. In this respect reported in a press release from the organization.
Detsky Mir reported that as part of the implementation of the plan to gradually transform the company into a private company, the company’s restructuring procedure has been completed as a 100% transfer from the subsidiary OOO DM. IT. As the next step in the planned transformation, the company’s subsidiaries have launched programs to purchase ordinary shares of PJSC Detsky Mir from the company’s shareholders.
According to the company, the shares will be purchased at 71.5 rubles per share, which corresponds to the share repurchase price after the restructuring. In addition, non-resident companies from hostile countries can sell shares for 71.5 rubles with the receipt of funds to accounts of type “C”. You can also sell shares to the specified accounts at 60.77 rubles per share, bypassing the C type accounts.
The press service added that the company could be liquidated if all necessary corporate decisions are taken after completing the mandatory offer.
In early May, a consortium of investors led by Korablik founder Alexei Zuev it happened Owns 29.9% of Detsky Mir’s authorized capital.
Source: Gazeta
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