The information herein is not to be distributed outside of the Russian Federation and is not an offer or an invitation to make an offer, and is not intended for executing any transactions, including transactions with securities, or transactions intending to use securities. The information herein describes the intentions and plans of Public Joint Stock Company “Research and Production Corporation United Wagon Company”, which may change over time, and does not constitute an advertisement of securities, promise or guarantee of the sale of securities or any assets, placement of the securities or entry into any contract. This document contains evaluations, which may differ from those of third parties. An investor should independently evaluate his/her own risks while making his/her investment decisions.

PJSC “Research and production corporation “United Wagon Company” (“RPC UWC” or the Holding) (MOEX: UWGN), the market leader in innovative railcar building in the 1520 mm gauge area, publishes the price of its ordinary shares (the “Shares”) under the secondary public offering (the “Offering” or the “SPO”) on the Moscow Exchange and the schedule for receipt of share purchase orders.

  • The Offering Price is RUB 640 per Share, a 13% discount against the average Share price of RPC UWC from the trading start to 23 May 2016 and a 9% discount compared to the Shares’ offering price under the IPO
  • The Offering will start on 24 May 2016 and end on 26 May 2016. Share purchase orders will be received from the Moscow Exchange traders from 10:00 AM to 1:00 PM Moscow time every day within the Offering dates
  • The Offering size will vary between 5% and 7.5% of the increased authorised capital
  • Otkritie Financial Group is the lead manager and bookrunner of the Offering