Mechel Announces That the Federal Service for the Financial Markets Has Registered Its Report on Additional Securities Issue Issued for Its IPO on the NYSE.
PR Newswire Europe, November, 2004
MOSCOW, November 19 /PRNewswire/ -- Mechel (NYSE: MTL), a Russian metals and mining company, announced today that the Federal Service for the Financial Markets of the Russian Federation has registered its report on the results of an additional issue of securities. The additional shares underlie American Depositary Shares, placed on the New York Stock Exchange in the form of 3rd Level American Depositary Receipts on October 29, 2004.
The report on the results of the additional issue of securities was registered in accordance with the Federal Law on the Securities Market. Registration of the report is the final stage in the issuance of the securities and effectively allows the circulation of the issued securities.
Placement of ordinary...
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