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Bogdan Motors places only 5.5% of additional share issue

Bogdan Motors places only 5.5% of additional share issue

9 December 2011

Bogdan Motors (LUAZ UK) placed only 5.5% of the shares it planned to offer as part of an additional share issue, 78.5 mln, at UAH 0.28 per share, the company reported yesterday. As a result of the placement, Bogdan Motors’ share capital increased by 2% to UAH 1.1 bln. The company did not disclose changes in its shareholder structure.

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