Detsky Mir can pay shareholders who disagree with the company’s transformation up to 35 billion rubles for the purchase of their shares, Interfax reports, citing a report by the organization.
We are talking about shareholders who refuse to buy their share in DM LLC. As stated in the document, the value of the shares will not be less than 71.5 rubles per share. At the same time, the exact number of shareholders who decide to withdraw from the capital has not yet been established. Thus, the estimated amount of payments varies in the range from 25 billion to 35 billion rubles.
The report also says that the offer for the sale of securities will take place from May-June to August this year.
The retailer announced the transition of the company to a private business in the fall of 2022. This decision was made in connection with the pressure of sanctions, which especially affected the work of Detsky Mir, since foreign investment funds occupied a stake in the authorized capital structure.
At the end of the year, the shareholders approved by majority vote the restructuring in the spin-off format of DM LLC. During that period, the company set a limit on share repurchase payments of no more than 10% of the net asset value. This is about 1.6 billion rubles.
Author:
Natalia Gormaleva
Source: RB
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