ALROSA-Nyurba shareholders decided to liquidate the company
ALROSA-Nyurba PJSC shareholders made decision on voluntary liquidation of the company, Yakutia 24 TV channel reports with the reference to the shareholders’ general meeting decision.
99,2549% of shareholders voted for decision on voluntary liquidation of the company.
“Set the liquidation date not later than 12.31.2020,” the decision of the general meeting of shareholders says.
ALROSA owns a 97,4878% stake in ALROSA-Nyurba. The remaining 2,5122% of the shares are held by minority shareholders. ALROSA-Nyurba shares are quoted on the open market (stock section of the Moscow Exchange).
For a long time, 10% of Nyurba’s shares belonged to Yakutia, but in September last year, ALROSA completed a deal to redeem this stake, paying about 12 billion rubles. Evaluation report valued one share of ALROSA-Nyurba at 150 thousand rubles.
At the same time, ALROSA announced that ALROSA-Nyurba to be merged with the parent company, but no merging mechanism was announced.
ALROSA-Nyurba owns two licenses for subsoil use (Botuobinskaya and Nyurbinskaya pipes), however, it does not conduct production activities on its own. The entire production cycle is carried out on a contract basis by structural units of the ALROSA Nyurba’s MPP. Currently, ALROSA-Nyurba employs 30 people, mainly management personnel.