Board of Directors of M.Video-Eldorado proposes to place up to 1.5 billion additional shares by open subscription, according to the materials for the shareholders' meeting to be held on October 13. "Open subscription format will allow for flexibility in choosing optimal financing formats. At the same time, all existing shareholders will be able to exercise the pre—emptive right and, among other things, complete the process of recapitalizing the company by ₽30 billion," the company's press service noted.