Shareholders of Evraz – Dneprovsky Iron and Steel Works intend to increase the company charter capital by 30.4%, from 574.99 million UAH to 749.99 million UAH by placing additional 700 million shares with the value of 0.25 UAH.

The issue will be discussed at the extraordinary meeting of shareholders on September 22.

According to one project, the placing of shares valued at 175 million UAH among shareholders will be carried out with the participation of Drampisco Ltd (Cyprus). Another project sees no company participation.

Among other matters to be discussed at the meeting is granting Drampisco Ltd an irrevocable financial assistance of $250 million. (Ukrainian metal)

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