Moscow. 5 Aug. The results of the preliminary assessment referred to in report number one, 50,0755% of shares of “Bashneft” has been estimated in the range of from about 297 billion to 315 billion rubles, told journalists the first Deputy Prime Minister Igor Shuvalov.
Экономика04 Aug 2016Независимая assessment of the government’s stake in Bashneft amounted to 306 billion publicitate read more
The total amount of ordinary shares in ownership of the Russian Federation can be estimated at the start of sales of approximately 306 billion rubles, he said.
On Monday the Agency will provide a final opinion on valuation of shares in Bashneft. The assessment that was previously given to analysts, for example, in the spring of this year, was more conservative. Today score higher and has a positive dynamics”, – said the first Deputy Prime Minister.
On Thursday, E&Y announced its opinion on the market value of the shares of Russian property Fund in the share capital of “Bashneft” according to which it amounted to 306 billion (3 thousand 438 rubles per ordinary share, or in total about $4.6 billion), which implies a premium of 19% to the weighted average price of trading over the last three months. Shuvalov confirmed these figures.
In turn, the head of Rosimuschestvo Dmitry Pristanskov confirmed to reporters that the evaluation report is currently under examination in the relevant structural division of the Agency. “Igor Ivanovich (Shuvalov) called the absolutely correct size estimates. On Monday the Agency will release a final conclusion of the evaluation, after which the Ministry will be a meeting for the purpose of formation of the report for consideration of the government of the Russian Federation”, – he added.
According to sources, the cost of 50.08% stake in the authorized capital of “Bashneft”, owned by the government, was estimated in the range from 297 billion to 315 billion roubles, which corresponds to the price per ordinary share from 3 thousand 340 roubles to 3 thousand 537 rubles. Point the market value is 306 billion, which corresponds to the middle of the presented range.
Earlier it was reported that nine companies expressed desire to participate in the privatization of “Bashneft”, directly to foreign and state is not among them.
Be construed as a sale of the whole state stake in Bashneft to a strategic investor one or more specialized investors – the final decision will depend on the recommendations of the investment consultant of the deal, announced in July Pristanskov. Agent of privatization of “Bashneft” acts “VTB the Capital”.
Now owned by the state of 50.08% of “Bashneft”. Earlier, President Vladimir Putin signed a decree excluding this asset from the list strategic, and thus authorizing its privatization.
