Smart-Holding Group has published a recommended offer on repurchase of shares in British oil and gas company Regal Petroleum plc for cash (Offer), as well as the form of consent of Regal Petroleum plc shareholders for repurchase of shares. According to the terms of the Offer, the repurchase price is £0.24 per share. The total amount of the Offer is estimated at £77 million on the basis of the total share capital of the company.
From 13 to 15 September, a delegation from Smart-Holding took part in the annual Summer Davos Forum held in Tianjin (China). The representatives of the company expanded the circle of potential partners, discussed trends observed in the global economy and in the industrial sector, in particular.
Smart-Holding has become the official partner of the international contest of young popular music performers New Wave Junior 2010. The final round of the competition was held on 22 August in the Artek International Children's Centre (Crimea).
Team of Smart-Holding Representatives to Participate in Saint Petersburg International Economic Forum17.06.2010
The Chairman of Smart-Holding’s Supervisory Board Vadim Novinsky and CEO Alexey Pertin will participate in St. Petersburg International Economic Forum that will take place from 17 to 19 June 2010. This event is a platform for discussion of the economic development outlook in Russia and other countries of CIS region.