"Rosimuschestvo passed the shares of the open-end joint-stock company Rosneft to the authorized capital of the open-end joint-stock company Rosneftegaz at their market price by way of paying for Rosneftegaz additional emission stock," the Rosimuschestvo press service said.
Transfer orders were drawn, June 1, the service added.
The registrar made a related entry in the stockholders register.
Rosneftegaz intends to convene a general shareholders' meeting, June 12, to approve the ambitious transaction, in which the block was purchased.
All corporate moves for Rosneftegaz to acquire Gazprom stock will finish by June 14, Rosimuschestvo said in a press release.
As was announced on a previous occasion, the Gazprom Directors' Board will make a decision, June 15, on the price at which the government is to purchase a gas holding block from its affiliates.
