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LUKOIL recovers its stocks from ConocoPhilips

July 29/2010

(LUKOIL) -- Yesterday LUKOIL Finance Ltd. (100% LUKOIL affiliate) signed an agreement with Springtime Holdings (ConocoPhilips associate) about the purchase of 64 638 729 (7,6%) usual LUKOIL stocks at the price of $53,25 per stock and $3 442 012 319,25  totally.

 

The completion of the deal shall is expected on August 16 2010. The agreement also includes an option to purchase 98 728 900 (11,61%) LUKOIL stocks as depositary receipts.


 
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LUKOIL returns its stocks from ConocoPhilips

 

 

 

 

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