June 10 Arkhangelskgeoldobycha BOD affirmed a decision aimed to increase the share capital through a common stock issue, the company informed.
The 2mln rub. worth issue is assumed to be placed within the close offering in favor of LUKOIL Oil Company. This decision was approved at the special meeting.
Arkhangelskgeoldobycha (TIN 2901071160) is a wholly-owned sub of LUKOIL. The share capital is equal to 1.874mln rub. split in 1874137 common stocks. The Company provides development of Verkhotinskoe diamond deposit.
The 2013-net losses (RAS) were doubled to 1.258bn rub. from 594.993mln rub.; revenues being up 49.82% to 114.386mln rub. from 76.348mln rub.; losses from sales - 16.26% to 289.815mln rub. from 249.291mln rub.; pretax profit coming to 388.299mln rub. vs. 760.526mln rub. in losses.