KDM intends to finalize private placement by the end of June

KDM intends to finalize private placement by the end of June



23 травня 2013 года
Конкорд Капитал

KDM Shipping Public Ltd (KDM)


KDM Shipping's (KDM PW) EGM voted to approve a capital increase through the issuance of an additional 2.7 mln shares (a 37% increase) in a private placement deal, the company reported on May 22. The secondary offering will be conducted in two stages. In the first stage, Konstantin Molodkovets (owning 69.9% interest in the company, as of now) will sell 2 mln of his shares to qualified investors to facilitate the deal. The second stage foresees the issuance of 2.7 mln shares, 2 mln of which will be bought back by Molodkovets, with the rest being offered to investors. KDM Shipping expects to finalize the deal by the end of June.

Источник: Конкорд Капитал

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