OREANDA-NEWS. December 12, 2011. OJSC IC ROSNO held an extraordinary general meeting of shareholders, attended by their proxies, reported the press-centre of ROSNO.

The meeting heard the following issues:

On reorganization of OJSC IC ROSNO.

On increase of the authorized capital of OJSC IC ROSNO by allocation of additional shares.

On determination of quantity, nominal value, category (type) of declared shares and rights accorded thereby.

On alteration of the brand name of OJSC IC ROSNO.

On approval of the Articles of Association of OJSC IC ROSNO in the new wording.

The meeting decided to reorganize OJSC IC ROSNO in form of its takeover of CJSC Allianz IJSC, OJSC IC Progress-Garant, CJSC IC Progress, and CJSC Riscon.

The increase of the authorized capital of OJSC IC ROSNO in course of reorganization will be performed via conversion of the shares of annexed companies to the shares of OJSC IC ROSNO. Additional issue will equal 30,234,347 shares. After the additional issue, the authorized capital will approximate 6 billion roubles.

The meeting of shareholders also approved the Articles of Association of OJSC IC ROSNO in the new 15th edition — Articles of OJSC IC Allianz.

The new name of ROSNO in the Articles of Association will be as follows:

Full trade name of the Company in Russian: Open joint-stock company Insurance Company Allianz.

Short trade name of the Company in Russian: OJSC IC Allianz

Short trade name of the Company in English: OJSC IC Allianz