Azovstal AGM to vote on increasing charter fund to USD 208.1 mln

22 May 2008

At their AGM on July 4, Azovstal (AZST: BUY) shareholders will vote on increasing the company’s charter fund by USD 480.4 ths (0.2%) to USD 208.1 mln via an additional share issue. Azovstal plans to issue 9,704 mln shares at par, USD 0.05 per share. Subscription is scheduled from Sept. 17-Oct. 3, 2008.

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