Share sale of JV private limited company “MAZ-MAN”
08.06.2016“MAZ” Truck company announced the sale of shares of JV private limited company “MAZ-MAN”.
Terms of sale:
Number of shares: 3 009 (three thousand and nine) shares.
Nominal value of each share: 30 300 (thirty thousand three hundred) belarusian rubles.
Pricing currency: USD.
Price of one share in pricing currency (rounded): 601,122633 USD.
Price of stock of shares in pricing currency (rounded to whole number): 1 808 778 (one million eight hundred eight thousand seven hundred seventy eight) USD.
Method of payment: cashless by bank payment in the currency of payment. The price of stock of shares is to be transferred the seller’s bank account.
Payment currency:
- for the buyer, who is resident of the Republic of Belarus: belarusian ruble at the exchange rate of National Bank of the Republic of Belarus which is prevailing at the date of payment for stock of shares.
- for the buyer, who is nonresident of the Republic of Belarus: USD.
Payment procedure: payment by equal installments up to 6 months, early fulfillment of payment obligations is possible under the conditions stated in section “Payment currency”.
Procedure for transferring shares to buyer’s securities account: after 100% payment for shares.
Place and address where contract of sale of shares should be concluded and registered: emitter’s depository – OJSC “Bank BelVEB”, Minsk, Myasnikova, 32.
Info about absence (or presence) of restrictions and prohibitions to securities transactions: shares are neither pledged nor arrested and are not burdened by rights of third parties.
Contact details of MAZ company for detailed info:
Mr Aleksandr Raichenok, tel./fax +375 17 217-23-05;
Ms Olga Chelyadinskaya, tel. +375 17 217-23-96.
