July 16 Siberian Energy Investments Ltd (Cyprus) set out an offering on the buyback of the stocks at 0.031 rub./pcs to the holders of Kuzbassenergo, the company informed.
In Dec. 2013 an offering on the buyback of stocks at 0.03 rub./pcs was sent to Kuzbassenergo. In Feb. 2014 the Company increased its share up to 95.8438% from 85.827%.
Kuzbassenergo (TIN 4200000333) is ranked as the sixth among other energy companies in Russia by the capacity. On the Siberian heat market it covers above 30%. The share capital is equal to 706.76mln rub. split in
70675984774 common stocks of 0.01 rub. par. The major holder is Siberian Energy Investments Ltd.
The 2013-net losses (RAS) plunged 2.93 fold to 288.117mln rub. from 843.756mln rub. prior year; revenues being down 2.47 fold to 14.322bn rub.
from 35.427bn rub.; profit from sales rallied up 94.06% to 852.711mln rub. from 439.416mln rub.; pretax losses dropped 3.2 fold to 276.524mln rub. from 883.744mln rub.