Russian Federal Property Management Agency Plans to Auction Shares of South Ural Gold Company for 162.020038001 Billion Rubles
2026-06-03 11:04
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en.Wedoany.com Reported - The Russian Federal Property Management Agency (Росимущество) has announced a re-auction of 67.2% of shares in South Ural Gold Group Company (ПАО «Южуралзолото Группа Компаний», ЮГК) and related assets, based on a previous decision by the Russian Federation government, which transferred these assets to federal property.

The total market value of the assets was previously estimated at 162.020038001 billion rubles, specifically including: 67.2% of shares in South Ural Gold Group Company (ПАО «Южуралзолото Группа Компаний») valued at 140.436801 billion rubles; 100% equity in ЮГК Management LLC (ООО «Управляющая компания ЮГК») valued at 9.124351 billion rubles; 100% equity in Business Assets LLC (ООО «Бизнес-Актив») valued at 542.403 million rubles; 100% equity in Home LLC (ООО «Хоум») valued at 10.443168 billion rubles; 80% equity in Arbat-City LLC (ООО «Арбат-Сити») valued at 1 ruble; 100% equity in Uraltranskomplekt LLC (ООО «Уралтранскомплект») valued at 434.067 million rubles; 67% equity in Ecomodule Agricultural Complex LLC (ООО Агрокомплекс «Экомодуль») valued at 529.802 million rubles; 67% equity in Foothill Gardens LLC (ООО «Сады Предгорья») valued at 477.973 million rubles; 1% equity in Loading and Transport Management LLC (ООО «Погрузочно-Транспортное Управление») valued at 18.004 million rubles; and 1% equity in Korkino Excavator and Railcar Repair Plant LLC (ООО «Коркинский Экскаваторо-Вагоноремонтный Завод») valued at 13.469 million rubles.

The Federal Property Management Agency plans to announce the auction on June 2, 2026. The application acceptance period is 5 business days, ending on June 9, 2026. Auction results will be announced on June 10, 2026. The auction increment is 2% of the starting price, amounting to 3.24040076002 billion rubles. Participants must submit applications on the Roseltorg platform and pay a deposit equal to 20% of the starting auction price, i.e., 32.4040076002 billion rubles. The auction will be considered valid if at least one buyer submits an application, provides a complete set of documents as per the auction documentation, and pays the deposit.

The first auction of South Ural Gold Company, held on May 18, did not take place due to a lack of applicants. The second auction, originally scheduled for May 26 in a Dutch auction format, also failed to proceed because only one of the two potential bidders paid the deposit and submitted the full set of documents.

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