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Details
| Name | Petroneft |
| Placement specification | common stock |
| Placement type | IPO |
| Subscription type | Public offering |
| Start of placement | 11.09.2006 |
| Status | Completed |
| End of placement | 27.09.2006 |
| Placement amount | 41 480 174 |
| Placement volume, mln. USD | 16 |
| Offering price, â USD | 0.38 |
| Trading floor | LSE's AIM |
| Investment banks | Davy |
| Capitalisation at the moment of placement, mln. USD | 66 |
| Country of operation | Russia |
| Industry | Oil and gas |
| Offering Memorandum |
Additional information
Shares denominated in Euro. The Offer Price is ?0.295 per Ordinary Share, which enable the Company to raise gross proceeds of ?12.2 million. Capitalisation at the moment of placement - ?52.1 mln.