SmarTechGroup's Board of Directors set the price of the additional share issue at ₽1.89 per share. In mid-January, the company's shareholders decided to place 745 million additional shares by private subscription in favor of Promsvyazbank. Exact number of redeemable shares will be determined by the bank independently, and all outstanding shares of the additi...

Board of Directors of SmartTechGroup approved the updated terms of placement of 745 million additional shares by private subscription in favor of Promsvyazbank. Earlier, the Bank of Russia suspended the issue of SmartTechGroup shares. Company explained at the time that the issue was suspended to make minor adjustments to some wording of the text of the terms...

Suspension of the additional issue of SmartTech Group is of technical nature and is connected with the recommendation of the Bank of Russia to make minor adjustments in some wording of the text of the DCMS, the representative of the company commented on the decision of the regulator. “Conditionally speaking, we are talking about rearrangement of letters in p...

Bank of Russia has decided to suspend the issue of ordinary shares of Smarttechgroup by closed subscription in favor of Promsvyazbank. Reasons for the suspension were not specified by the regulator.