Kubanenergosbyt BOD decided to call a special meeting May 7 in the absentee form, the company informed.
The holders will consider guarantee contracts with VTB Bank and Russian Commercial Bank (VTB sub) in favor of TNS energo.
BOD affirmed the buyback price at 129.88 rub./pcs.
The Company (TIN 2308119595) is a guaranteed energy supply in Krasnodarsky reg. and Adygeia. It includes one million private and 33ths companies among the consumers and covers 58.6% on the regional market.
The 2013-net (RAS) profit plunged 6.41 fold to 125.362mln rub. from 803.556mln rub.; revenues moved up 10.76% to 37.859bn rub. from 34.181bn rub.; profit from sales declined 3.58 fold to 486.16mln rub. from 1.741bn rub.; pretax profit - 6.13 fold to 172.422mln rub. from 1.056bn rub.