Arbitration Court of Appeal in Perm partially overturned the decision of the Arbitration Court of Perm Krai to seize the shares of minority shareholders of Solikamsk Magnesium Plant in favor of the state. Court dismissed the claim against those shareholders who purchased the shares at organized trading on the stock exchange.

Representative of the Prosecutor General's Office said that 310 minority shareholders joined the agreement to recognize the lawsuit and drop the appeal in exchange for Rosatom paying compensation of ₽9600 per share. Total minority shareholders are 2,300. Thus, almost 13.5% of minority shareholders accepted the offer. But these are shareholders who are not pa...

Rosatom is ready to pay ₽405 million to bona fide minority shareholders of Solikamsk Magnesium Plant, whose shares have been claimed by the prosecutor's office to the treasury, Interfax reports from the courtroom. Minority shareholders may receive ₽9600 per paper.

Representatives of the Prosecutor's Office of the Perm Region at the hearing on the case of reclaiming shares of Solikamsk Magnesium Plant from minority shareholders stated that bona fide purchasers of shares at organized auctions are entitled to compensation at the weighted average value. Procedure of reimbursement in respect of those who became shareholder...