100% of OZ MERA's shares are put up to auction

22 July 2014 (10:04)

July 22, 2014. Sverdlovsk Region division of the Federal Public Property Management Agency (Rosimushchestvo) is holding a public auction aimed at selling shares of Metrological Equipment Pilot Production Plant (OZ MERA) based in Sredneuralsk, the agency's official website states.

Offered for sale are 317,840 ordinary paperless shares, which comes to 100% of the plant's authorized capital. The total face value of all the shares stands at 3,178,400 RUR; the opening bid was set at 6,861,000 RUR. These are non-encumbered shares.

Applications can be submitted between July 18 and August 11, 2014. The actual bidders will be selected on August 15, 2014.

This is actually not the first time Rosimushchestvo is trying to sell MERA's shares. In 2013, they were already put up to auction, with face value declared at 10,500,000 RUR. It should be noted that OZ MERA makes monitoring and metering instruments and owns a piece of estate that is 1,212.7 sq m big.

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