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BRIEF-Avtovaz shareholders buy half of additional share issue under pre-emptive right
December 16, 2016 / 8:24 AM / a year ago

BRIEF-Avtovaz shareholders buy half of additional share issue under pre-emptive right

Dec 16 (Reuters) - Avtovaz :

* Says received applications for exercise of pre-emptive right to acquire 2.68 billion shares

* Says 1.65 billion shares have been paid for under exercise of pre-emptive right

* Says 1.63 billion shares can be placed in open subscription

* Avtovaz is placing 3.28 billion shares at 9 roubles per share Source text - bit.ly/2hE4NoH

Further company coverage: (Gdynia Newsroom)

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