The head company of Obuv Rossii Group of Companies increased the authorized capital of two group companies by 5,4 billion rubles
07.12.2017 2244

The head company of Obuv Rossii Group of Companies increased the authorized capital of two group companies by 5,4 billion rubles

The authorized capital of Obuv Rossii LLC and Design Studio LLC of the Obuv Rossii group of companies was increased by 5,4 billion rubles by the addition of additional cash deposits to PJSC OR, Interfax writes with reference to the PJSC report.

PJSC OR contributed to the authorized capital of OOO Obuv Rossii 1,5 billion rubles, to the authorized capital of LLC Design Studio - 3 895 440 000 rubles.

Earlier, the authorized capital of OOO Obuv Rossii amounted to 8 million rubles, LLC Design Studio - 10 thousand rubles.

As a result of the transaction, which took place on December 6, PJSC gained control over Design Studio LLC, in which PAO's stake amounted to 99,9997%. The remaining share belongs to Obuv Rossii LLC.

In Obuv Rossii LLC, the sole participant was and remains PJSC OR.

On October 20, OJSC “OR” held an IPO on the Moscow Exchange on October 2017. The placement price amounted to 140 rubles per paper. As a result of the placement, the retailer raised about 5,9 billion rubles, and if the option for additional floatation is fully implemented, the deal will amount to 6,2 billion rubles (the funds will be received by the main owner of the group Anton Titov).

As a result of the proposal, the share of the company's free float amounted to 37,5% of the increased authorized capital without exercising the option for additional floatation and may grow to 39,4% if it is exercised.

The Obuv Rossii funds will be used to raise funds raised during the sale of new shares in expanding the retail network, developing distribution and supply channels, partially repaying debt, and also for other corporate goals.

Obuv Rossii GK was founded in Novosibirsk in the 2003 year. PJSC CEO A. Titov owns 42,7% of the shares of PJSC Karyo Holdings (British Virgin Islands, manages the fund of Mikhail Prokhorov, who became one of the shareholders of PJSC OR in February 2017 after the repurchase of part of the shares from A. Titov) - 15,6%, the Prosperity fund - 5,78%.

The authorized capital of Obuv Rossii LLC and Design Studio LLC of the Obuv Rossii group of companies was increased by 5,4 billion rubles by making additional cash contributions to PJSC OR, Interfax writes with…
5
1
Rating

Latest News

Online registration is open for the international footwear exhibition Euro Shoes in Moscow

The international exhibition of footwear and accessories Euro Shoes Premiere Collection will be held in Moscow at the Expocentre from 18 to 21 February 2025.
24.01.2025 976

Christian Louboutin Unveils New 'More Comfortable' 'Miss Z' Pumps

French luxury brand Christian Louboutin has heeded the requests of its discerning customers who dream of Louboutin's spectacular high-heeled pumps being a little more comfortable. The new "Miss Z" model features a number of new…
24.01.2025 155

St. Petersburg gathered entrepreneurs from all over the country to criticize the labeling system

On January 23, a conference was held at the Nevskaya Ratusha in St. Petersburg, dedicated to the analysis of the impact of the mandatory product labeling system on small and medium-sized businesses in the Russian light industry.…
24.01.2025 539

Timberland Inspired by Bottega Veneta Style

Timberland has made a bold move and released its six-inch boot using Bottega Veneta's signature "Intrecciato" weave in the design.
22.01.2025 528

Italian Expo Riva Sсhuh & Gardabags Attracted 9 Visitors

In Italy in Riva del Garda From January 11 to 14, the international exhibition of shoes and bags Expo Riva Sсhuh & Gardabags was held. The exhibition attracted 9000 visitors from 100 countries, the same number as in January of the previous year. The organizers also note that…
22.01.2025 463
When you sign up, you will receive weekly news and articles about the shoe business on your e-mail.

To the beginning