News

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.

Smart-Holding presents a project of building a recreational resort Balaklava Green (Sevastopol, Crimea) at the largest international real estate exhibition MIPIM-2011 (Cannes, France), which will be held on 8-11 March 2011.

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.

A team of Smart-Holding represented by the Chairman of the Supervisory Board Vadim Novinsky and the CEO Alexey Pertin will participate in the 41^st annual meeting of the WEF members that will be held in Davos (Switzerland) from 26 to 30 January 2011.

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).

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.