News

On 22 July 2011, three representatives of Smart-Holding were re-elected to the Board of Directors of the British oil and gas company Regal Petroleum plc. at its annual meeting of shareholders.

Alexey Pertin, CEO of JSC Smart Holding UA and Denis Rudev, First Deputy Chief Executive Officer for Finance of JSC Smart Holding UA appointed to the Board of Regal Petroleum plc.

Alexey Timofeyev, First Deputy Chief Executive Officer for Corporate Development and Asset of JSC Smart Holding UA, appointed to the Board of Regal Petroleum plc. Mr. Timofeyev will also be appointed CEO of Regal Petroleum plc after obtaining a British work permit.

Group of companies Smart Holding got the approval of its new Offer regarding purchase of controlling stake of Regal Petroleum from the shareholders holding 54.97% of Regal Petroleum shares.

Group of companies Smart Holding got the consent of the shareholders of British company Regal Petroleum for sale of 51.7% of the company shares.

The Board of Directors of Regal Petroleum plc advises the company shareholders to accept new Offer of Energees Management Limited (100% subsidiary of Energees Investments Limited, main holding company of the Group of companies Smart Holding) regarding partial redemption of shares as the best and only available option for them.