Board of Directors of Kaluga Sales Company, following an order issued by the Central Bank, increased the buyback price from ₽12.49 to ₽12.55 per share. The right to demand redemption arises for shareholders who voted against or abstained from voting on the issue of the transfer of 15.24% of the shares of a subsidiary of KGEC JSC to JSC AB ROSSIYA as collateral to obtain loans of ₽2.85 billion on January 15, 2021 at the EGM.
Board of Directors of Kaluga Sales Company, following an order issued by the Central Bank, increased the buyback price from ₽12.49 to ₽12.55 per share. The right to demand redemption arises for shareholders who voted against or abstained from voting on the issue of the transfer of 15.24% of the shares of a subsidiary of KGEC JSC to JSC AB ROSSIYA as collateral to obtain loans of ₽2.85 billion on January 15, 2021 at the EGM. 
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