Share holding of Pervouralsk Silica Works sold at an auction

13 February 2006 (09:30)

Ural Interregional Department of Russian Federal Property Fund hosted the auction aimed at selling the state share holding (12.35% of the authorized capital) of Pervouralskiy Dinasoviy Zavod JSC, silica works of Pervouralsk. UBS Securities CJSC outbid its rivals with 225.5 million RUR to win the holding. The face value of the share holding was originally estimated at 30.041 million RUR, and the opening bid was 223 million RUR. There were 858,323 common nominal shares put up to the open auction.

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