During its IPO, the company intends to place no less than 20 per cent of its stock collecting $420 to 520 m, the raised funds will be used for investments and general expense

Equity price is set at $6.25 to 8 per share, $12.5 to 16 per GDR.

During its IPO, the company intends to place no less than 20 per cent of its stock collecting $420 to 520 m, the raised funds will be used for investments and general expense.

Treasury stock (7.9 per cent) as well as Zubitskiy family shares (85.93 per cent of chartered capital in 3Q2010) will be placed.

Theme:  Finance/Coal/Russia