Encyclopedia
Preemption Right to Purchase Shares
Preemptive right to acquire shares — the Russian Federation has a preemptive right to acquire the aforementioned shares (interests in the charter capital) at the initial price determined in accordance with the legislation of the Russian Federation1.
Federal Law No. 13-FZ dated February 5, 2007 "On Specific Features of Management and Disposal of Property and Shares of Organizations Engaged in Activities in the Field of Use of Atomic Energy and on Amendments to Certain Legislative Acts of the Russian Federation", as amended on February 5, 2007, Article 8, paragraph 2 // RSZ RF. 2007. No. 7. Art. 834. ↩