Recycling Notice fin.

[KML*]

как говорится смысл понимаю, но вот правильно обозвать это... финансисты есть? хелп плиз

Recycling of Shares
The Issuer shall give notice to Bondholders in accordance with Condition 15 of its intention to effect an initial public offering not less than four weeks prior to the intended date of the initial public offering (the date on which such notice is given being the "Notification Date" and the intended date of such initial public offering specified in the Notice being the "Intended Date")- Bondholders may elect, by giving notice to the Issuer not less than two weeks prior to the Intended Date that the Shares which would otherwise be deliverable upon conversion of the Bonds held by such Bondholder be sold as part of the initial public offering.

In order to make such election, the relevant Bondholder must deliver to any Paying and Conversion Agent a duly completed notice in the form set out in the Agency Agreement (a "Recycling Notice"), a copy of which may be obtained from the specified office of any Paying and Conversion Agent, together with the relevant Bond(s). Each Bond should be delivered together with all Coupons relating to it which mature after the Intended Date.

The Issuer shall, not later than the seventh day prior to the Intended Date, notify each Bondholder who has delivered a duly completed Recycling Notice and a Bond as provided above, at the address indicated in the relevant Recycling Notice, of the intended IPO Price or the parameters within which it will be determined. Thereafter, each such Bondholder may elect to withdraw the relevant Recycling Notice by submitting a notice of withdrawal in the form set out in the Agency Agreement (a "Withdrawal Notice") not later than the third day prior to the Intended Date whereupon the relevant Bond(s) will be returned (by uninsured mail and at the risk of the relevant Bondholder) to the Bondholder at the address specified in the Recychng Notice.