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GAZPROM UPS ARMROSGAZPROM STAKE TO MORE THAN 57%
Interfax News Agency
Russia & CIS Energy Newswire
February 27, 2007 Tuesday 2:24 PM MSK
Russia's Gazprom (RTS: GAZP) increased its interest in Armenia-based
gas utility ArmRosGazprom to just over 57% as the result of a share
issue.
ArmRosGazprom has boosted its charter capital 40%, to $391.8 million
from $280 million with the issue, worth $111.8 million, Shushan
Sardanian, the company's spokesman, told Interfax.
Gazprom increased its interest in the company to 57.59% from 45% as a
result of the share issue. The Armenian government's stake decreased
from 45% to 34.7% and that of Itera (RTS: ITER) fell from 10% to 7.71%.
Interfax News Agency
Russia & CIS Energy Newswire
February 27, 2007 Tuesday 2:24 PM MSK
Russia's Gazprom (RTS: GAZP) increased its interest in Armenia-based
gas utility ArmRosGazprom to just over 57% as the result of a share
issue.
ArmRosGazprom has boosted its charter capital 40%, to $391.8 million
from $280 million with the issue, worth $111.8 million, Shushan
Sardanian, the company's spokesman, told Interfax.
Gazprom increased its interest in the company to 57.59% from 45% as a
result of the share issue. The Armenian government's stake decreased
from 45% to 34.7% and that of Itera (RTS: ITER) fell from 10% to 7.71%.