First-stage subscription will be conducted from August 11 to September 1 and second stage during September 4-8. Eurocement, the controlling shareholder, said it would buy any shares not subscribed for by minority shareholders. Olha Pankiv: The funds are likely to be spent on the recently announced increase in Pushka’s capacity (by 72% to 1m mt). Free float is likely to decrease from the current 7% to 3-3.5%.