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The Meeting of Shareholders of Bashneft Approves Reorganization of the Company Through Consolidation of Bashneft-Invest With Bashneft

The Extraordinary Meeting of Shareholders of Bashneft held today by absentee voting made a decision on the reorganization of the Company through consolidation of CJSC Bashneft-Invest, which had been created through a spinoff from CJSC Sistema-Invest, with Bashneft. The Meeting of Shareholders established the procedure and set out the conditions for the consolidation and approved the Consolidation Agreement In accordance with the …

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