Shareholders of Ust-Luga Company will consider reorganization on September 5, 2013

Shareholders of Ust-Luga Company OJSC will consider the issue on company reorganization at the extraordinary meeting scheduled for September 5, 2013. According to the Company’s materials, the reorganization is to be carried out in the form of demerge. The meeting of the shareholders is supposed to approve the split-up accounts and the Charter of the spin-off company as well as elect the spin-off company’s management.

Ust-Luga Company OJSC coordinates the construction of commercial seaport Ust-Luga within the framework of the federal special-purpose programme “Development of Russia’s transport system” under private-public partnership principles.

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