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Open Investments floats shares
RBC, 16.05.2008, Moscow 11:20:38.Open Investments has set the offering price for its additional share issue at RUB 6,915 (approx. USD 289.9) per share, the investment and development company's official documents state. The flotation was launched today, and the company is planning to place 1,692,252 shares with a par value of RUB 1,000 (approx. USD 41.93) each. The company's shareholders can exercise preemptive right to acquire additionally issued shares in proportion to the amount of shares they already own.
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