Russian company Inarktika, considered the country’s largest producer of sea trout and aquaculture salmon, announced the launch of a secondary public offering of ordinary shares (DPT) on the Moscow Stock Exchange. The relevant statement was published on: Web site companies.
The message indicates that in the process, the company’s shareholders IGS Invest and Inarctic North-West plan to sell 3.3 million ordinary shares. This number represents 4% of the total number of securities they hold.
The statement also emphasizes that the cost of one share will be between 900 and 968.5 rubles. As stated in the publication, Inarktika expects to thereby increase the share of its publicly traded securities to at least 18% and use the proceeds for further business development.
“The final price is expected to not exceed the closing price of the last trading day of the order collection period, but is expected to be determined within the price range,” the message says.
Company representatives added that applications for participation in DPT will be possible between 23 November and 29 November 2023. However, the company warned that if the shareholders make an appropriate decision, the acceptance of documents for participation in the auction will be closed before the specified period.
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Source: Gazeta
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