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Enakievo Steel EGM OKs Charter Fund Increase

Enakievo Steel EGM OKs Charter Fund Increase

24 March 2008

Enakievo Steel’s (ENMZ: BUY) shareholders gave the go ahead to a 1.7% charter fund increase to USD 31.8 mln. Subscription will be conducted in two-stages: (1) from April 30 to May 13, and (2) from May 14 to May 16. Current shareholders will be able to subscribe on a pro-rata basis at a par value, UAH 15.25 per share.

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