On July 16, Siberian Energy Investments Ltd (Cyprus) made a stock purchase offer to the shareholders of OJSC Kuzbassenergo offering to pay RUB 0.031 per security, Kuzbassenergo informed.
The record date for the list of owners selling their shares is August 31, 2014.
It will be recalled that in December 2013, Siberian Energy also made an offer to purchase the power company's shares at a price of RUB 0.03 per security and increased its equity stake in Kuzbassenergo to 95.8436% from 85.827% in February 2014.
OJSC Kuzbassenergo (tax number: 4200000333) ranks sixth countrywide in capacity and fifth in the amount of energy supplied to its consumers. It accounts for over 30% of the electric power generated by thermal power stations of united power systems of Siberia. The company's authorized capital is RUB 706.76 million and is represented by 70,675,984,774 common shares at par value of RUB 0.01. The principal owner of the company is Siberian Energy Investments Ltd.
According to the DataCapital information retrieval system, RAS net loss of OJSC Kuzbassenergo for 2013 dropped 2.93 times to RUB 288.117 million from RUB 843.756 million the year before. Revenue decreased 2.47-fold to RUB 14.322 billion from RUB 35.427 billion, sales profit grew by 94.06% to RUB 852.711 million from RUB 439.416 million, loss before tax decreased 3.2-fold to RUB 276.524 million from RUB 883.744 million.