MOSCOW. May 8 (Interfax-AVN) - The shareholders of the Sukhoi Civil Aircraft corporation decided at an annual shareholder meeting on Monday to issue an additional 254,600 shares with a par value of 1,000 rubles, the company said in a statement.
The shares will be placed by private subscription in favor of World's Wing SA, an affiliate of the Italian company Alenia Aeronautica. The placement price will be determined after the Federal Financial Markets Service has registered the issue.
The issue should bring the Sukhoi Civil Aircraft charter capital to 1,018,481,000 rubles.
Alenia Aeronautica will ultimately hold a blocking stake in Sukhoi Civil Aircraft. The deal will be concluded at two stages: Sukhoi Civil Aircraft will carry out another additional issue in the fall, and then both the Sukhoi holding company, as its major shareholder, and Alenia will buy it out in the amount sufficient to increase the latter's stake to the blocking level.
The company's shareholders also confirmed two Alenia candidates for its board of directors - Camillo Perfido and Carlo Logli - at the annual meeting on Monday.
Sukhoi Civil Aircraft is a subsidiary of the state-owned Sukhoi holding company. It was founded in 2000 to carry out projects in the civilian aircraft sector, including the development of the regional aircraft Sukhoi Superjet-100 (SSJ).
The company currently has orders for 73 SSJs.