Nikopol Ferroalloy to Raise Charter Fund by 7.4%

5 May 2008

At their AGM on April 29 Nikopol Ferroalloy (NFER: HOLD) shareholders voted to spend their dividends of USD 6.1 mln on a 7.4% plant’s charter fund increase to USD 83 mln. Charter fund will be raised via a nominal share price increase from USD 0.05 to USD 0.053 per share.

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