Shareholders of Russian Aquaculture, the country’s largest Atlantic salmon and trout producer, approved the issuance of up to 32.76 million shares in a secondary public offering (SPO) on the Moscow Stock Exchange.
Given a share price set at RUB 100 (€1.60/$1.80), the company will be able to raise more than RUB 3.2 billion (€53.3 million/$56.7 million).
"The decision to increase the company's chartered capital through the SPO was taken this week at an extraordinary meeting of the board of directors," Ilya Sosnov, CEO at Russian Aquaculture, told IntraFish.
Sosnov
