Concern Kalina started reorganizing from an open joint stock company into a limited liability one. The decision to start the reorganization of Concern Kalina JSC into Concern Kalina LLC was supported by 5.24m votes against 1.19m of those who abstained, the company reports.

The voting meeting also included the agreement on the procedure of exchanging Concern Kalina JSC’s shares for Concern Kalina LLC’s participant contributions: it was decided that Concern Kalina’s 6,438,348 shares (face value 70 RUR each) should be exchanged for a share in Concern Kalina LLC’s authorized capital.

Concern Kalina LLC’s authorized capital was created as a result of reorganization on the basis of Concern Kalina JSC’s authorized capital (the face value of stockholders’ shares) and set at 450,684,360 RUR (100% of Concern Kalina LLC’s authorized capital). The authorized capital was fully (100%) paid through with cash. The authorized capital is distributed in the following way: 81.4% belongs to Unilever RUS and 18.6% belongs to Rychkon Ltd.