Shareholders in the Sibneft company will hold a special meeting today todiscuss the adoption of the information policy concept. According to thecompany's official reports, the drafted concept to be reviewed by theshareholders defines the list of documents accessible to the public andinformation that can be disclosed to any interested person regardless ofthe purpose of its obtainment (thus, it is planned to publish the list ofaffiliates as of the end of each reporting year; the annual accountingreport in accordance with the Russian accounting standards; annual andsemiannual accounting reports in accordance with the US GAAP standards; thecompany's annual report and the report by the Audit Commission, whichconfirms the accuracy of data published in the annual report an theaccounting reports; an issue prospectus, if any securities are issued,etc.). The concept also specifies information to be disclosed to theshareholders and their representatives, as well as the procedure for andthe term of the disclosing and provision of such information. Insiderinformation and information containing corporate or commercial secrets aswell as the procedure for its use are also specified. Additionally, the shareholders will discuss the question of thereorganization of the company by means of incorporation of the Argus oiltrading company. Thus, 100% of the shares in Argus are to be swapped forshares in Sibneft. .
A nuclear-powered submarine of the British Navy surfaced in the ice of the Arctic for the first time in many years