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NPK NIIDAR

Company

Owners

+ Radio engineering and information systems (RTI of a system)

History

2012

JSC RTI under control of AFK "Sistema" sent in the fall of 2012 to Federal Financial Markets Service (FFMS) the draft of the obligatory offer to shareholders of JSC Nauchno-issledovatelsky institut dalney radiosvyazi Scientific-industrial Complex ("NPK "NIIDAR"") about the redemption of 16.34% of stocks of the company for 693.6 million rubles. If during the redemption of RTI accumulates over 95% of the stock of "NPK "NIIDAR"", the company is going to direct the requirement about the redemption of all remained stocks of the defense enterprise.

The draft of the specified obligatory offer to shareholders of NPK "NIIDAR" of FFMS will consider till December 13, 2012. Later the offer of NPK "NIIDAR" will be directed (RTI expects that it will occur no later than December 14, 2012).

On November 9, 2012 purchased RTI from JSC IAC Vympel of 137,075 ordinary and 39,461 preferred shares of NPK "NIIDAR" that made 32.4% of authorized capital of this company. Within this transaction of IAC Pennant conceded to RTI all the actions and left a shareholding structure of NPK "NIIDAR". Thus, RTI, together with affiliates, owns 83.54% of voting shares of NPK "NIIDAR".