Poltava Iron Ore Approves 22% Charter Fund Increase

10 December 2008

Shareholders of Poltava Iron Ore (PGOK: U/R) approved a 22% charter fund increase to UAH 1.40 bln (USD 277.6 mln) at their AGM on December 7. Subscription will take place at par value, UAH 9.96 per share (USD 1.97 per share), from December 26, 2007 to January 15, 2008.

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