Investport Holding Establishment Comp. («Investport Holding Establishment, Liechtenstein) increased its share in the authorized capital of JSC "Ust-Luga" (Kingisepp, Leningrad region) with 14.7142% to 23.0597%, the Russian company said. These changes due to the placement by "Ust-Luga" of additional ordinary shares.
The shareholders of JSC "Ust-Luga Company" according to earlier reports at their extraordinary general November 23 meeting, endorsed the sale of shares contract of JSC "Ust-Luga Company with Investport Holding Establishment. The board of shareholders approved 2.406 shares sale, the offering price of each share – 126.670 rubles. The contract cost: 304 million 768.20 rubles.
JSC "Ust-Luga Company" was established in 1992 for the construction of a new commercial port in the Luga Bay of the Gulf of Finland. Ust-Luga Company has several activities related to creation of Russia's largest multipurpose commercial port of Ust-Luga and the complex social and economic development adjacent to the port territory.
The shareholders of JSC "Ust-Luga Company" according to earlier reports at their extraordinary general November 23 meeting, endorsed the sale of shares contract of JSC "Ust-Luga Company with Investport Holding Establishment. The board of shareholders approved 2.406 shares sale, the offering price of each share – 126.670 rubles. The contract cost: 304 million 768.20 rubles.
JSC "Ust-Luga Company" was established in 1992 for the construction of a new commercial port in the Luga Bay of the Gulf of Finland. Ust-Luga Company has several activities related to creation of Russia's largest multipurpose commercial port of Ust-Luga and the complex social and economic development adjacent to the port territory.