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BRIEF-Avtovaz says additional share issue of 9.25 bln shares resumed
July 4, 2017 / 6:19 AM / 3 months ago

BRIEF-Avtovaz says additional share issue of 9.25 bln shares resumed

July 4(Reuters) - AVTOVAZ

* SAYS ANNOUNCES RESUMPTION OF PLACEMENT OF 9.25 BILLION SHARES IN CLOSED SUBSCRIPTION WITH ALLIANCE ROSTEC AUTO​ BV AS A POTENTIAL BUYER​

* THE PLACEMENT WAS SUSPENDED AS OF JUNE 9, 2017

* SAYS THE PLACEMENT WAS SUSPENDED AS THE BOARD OF DIRECTORS APPROVED CHANGES TO THE TERMS OF THE PLACEMENT

* THE SHARES ARE OFFERED AT 10.3 ROUBLES APIECE

Source text - bit.ly/2sHsosV

Further company coverage: (Gdynia Newsroom)

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