+7 (495) 510-53-06 Contact us | Join us

OMZ SPO

Apr, 2012 to Aug, 2012
The Russian heavy industry and manufacturing conglomerate aimed to conduct a secondary share issuance (SPO) that would’ve been highly dilutive for minority shareholders. The IPA, along with an activist fund, entered into negotiations with the issuer, arguing that the SPO would be counter-productive, as the immediate monetary benefits of the SPO would be cancelled out by the reputational damage and investors’ unwillingness to invest in the company’s shares following the SPO.

OMZ eventually did proceed with the SPO, however gave IPA members the time needed to sell their shares in the company. 
+7 (495) 510-53-06 Contact us | Join us