Ruric AB: Result from bondholders voting August 03, 2012
Bondholders vote "no" to Ruric Boards' proposal on bond conversion
The voting procedure requested by Ruric AB has been completed. The bondholder's agent Corp Nordic compiled the result. It was noted that 319 432 082 votes were cast. This corresponds to 56.7% of the nominal amount of the Bond. It was established that a quorum was at hand.
It was also noted that 99.97% of votes participating in the procedure have voted "no". Hence the Bondholders do not approve the proposal by the company.
Russian Real Estate Investment Company AB (publ)
For additional information
Ingvar Ljungqvist, CEO
Phone +46 8 509 001 01
Email iljungqvist@ruric.com
Denis Savinkin, CFO
Email dsavinkin@ruric.com
web www.ruric.com
ABOUT RURIC
Ruric's business strategy is to manage real estate in the center of St Petersburg. In addition Ruric shall also acquire real estate and implement value creating additional investments at attractive conditions. Through professional management and good tenant relations spaces of high class are offered to tenants looking for possible spaces in central locations willing to pay for it. Ruric offers primarily office- and retail premises.
The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and other applicable laws; and
(ii) they are solely responsible for the content, accuracy and originality of the
information contained therein.
Source: Russian Real Estate Investment Company via Thomson Reuters ONE