After the acquisition of Rostov Telegraph is complete, Rostovelectrosvyaz will enlarge its ISP and other data transmission operations and Rostov Telegraph will become a part of the strong telecom structure of Rostovelectrosvyaz. Although the merger talks have already taken place, the exact terms are still to be defined by the financial consultant on the deal. The company will pay out R0.372 per preferred share and R0.076 per common share and the company management plans to increase dividends levels next year. The information contained herewith is based on information made available to the public and is for information purposes only. Information sources are deemed reliable by RMG Securities, however RMG Securities abstains from any liabilities determined from the information herewith.
Analysis is based on dated market information and is subject to change.