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

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.