What is delisting of shares: reasons, stages and procedure for investor actions

The securities of this organization remain the dark horse of the Russian stock market. Plazmek company does not disclose financial results starting in 2021. The last time shareholders could familiarize themselves with the financial statements was back in 2021. Therefore, it will be extremely difficult for retail investors to analyze the prospects Plazmek shares.

The history of the enterprise began in the spring of 2007. The exchange listing took place at the end of summer 2011. The appearance of Plazmek shares on the Russian stock market is due to the implementation of the financial sector reform policy, which was initiated by the Government. Plazmek securities . However, a completely logical question arises: to what extent will such investments be justified? It is this question that we will now try to answer.

OKVED codes

PJSC "PLAZMEK" has the right to engage in 13 types of activities. Main type of activity

CodeName
28.4 Production of machine tools, machinery and equipment for processing metals and other hard materials

Additional activities

CodeName
28.29.7 Manufacture of non-electrical equipment and tools for soft and hard soldering or welding, machines and apparatus for thermal spraying
46.11 Activities of agents in the wholesale trade of agricultural raw materials, live animals, textile raw materials and semi-finished products
46.15 Activities of agents in the wholesale trade of furniture, household goods, hardware, cutlery and other metal products
46.16 Activities of agents in the wholesale trade of textiles, clothing, footwear, leather and fur products
46.34.1 Wholesale trade of juices, mineral water and other soft drinks
46.34.2 Wholesale trade of alcoholic beverages, including beer and food ethyl alcohol
46.39 Non-specialized wholesale trade in food products, drinks and tobacco products
46.49 Wholesale trade of other household goods
47.11 Retail trade primarily in food products, including drinks, and tobacco products in non-specialized stores
47.26 Retail trade of tobacco products in specialized stores
47.9 Retail trade outside shops, stalls, markets
72.1 Research and development in natural and technical sciences

Development strategy

As for plans, the current leadership has set the following tasks of strategic importance:

  • consistent modernization and refurbishment of production centers;
  • creating a favorable financial climate through scientific research to attract new investors;
  • opening new regional offices through the creation of subsidiaries and affiliated organizations;
  • re-signing contracts with key partners of the enterprise;
  • Attraction of new clients.

The implementation of all these areas is secured by the Plazmek company .

History of changes in the Unified State Register of Legal Entities for 2007–2020

2020

  • 23.01.2020
  • GRN
    2207700609059
  • SPVZ code

    14110

  • Code NO

    7746

    Interdistrict Inspectorate of the Federal Tax Service No. 46 for Moscow

Submission of an application by a person whose rights and legitimate interests are affected in connection with the exclusion of a legal entity from the Unified State Register of Legal Entities

Documentation:

  • Statement from a person whose rights are affected by the exclusion of a legal entity from the Unified State Register of Legal Entities dated January 23, 2020
  • 10.01.2020
  • GRN
    2207700064097
  • SPVZ code

    13101

  • Code NO

    7746

    Interdistrict Inspectorate of the Federal Tax Service No. 46 for Moscow

Submission by the licensing authority of information on the granting of a license

2019

  • 06.11.2019
  • GRN
    8197748567778
  • SPVZ code

    14141

  • Code NO

    7746

    Interdistrict Inspectorate of the Federal Tax Service No. 46 for Moscow

The registration authority makes a decision on the upcoming exclusion of a legal entity from the Unified State Register of Legal Entities (the presence in the Unified State Register of Legal Entities of information about a legal entity in respect of which a record of unreliability has been made)

Documentation:

  • Decision on the upcoming exclusion of an inactive legal entity from the Unified State Register of Legal Entities dated November 5, 2019

2018

Submission of information on the issuance or replacement of identity documents of a citizen of the Russian Federation on the territory of the Russian Federation

  • 10.08.2018
  • GRN
    8187748534636
  • SPVZ code

    17023

  • Code NO

    7746

    Interdistrict Inspectorate of the Federal Tax Service No. 46 for Moscow

Entering into the Unified State Register of Legal Entities information about the unreliability of information about a legal entity (results of checking the accuracy of information about a legal entity contained in the Unified State Register of Legal Entities)

  • 10.04.2018
  • GRN
    7187747634716
  • SPVZ code

    13801

  • Code NO

    7746

    Interdistrict Inspectorate of the Federal Tax Service No. 46 for Moscow

Submission of information on the issuance or replacement of identity documents of a citizen of the Russian Federation on the territory of the Russian Federation

2017

  • 29.12.2017
  • GRN
    8177749004073
  • SPVZ code

    12201

  • Code NO

    7746

    Interdistrict Inspectorate of the Federal Tax Service No. 46 for Moscow

Changing information about a legal entity contained in the Unified State Register of Legal Entities

Documentation:

  • Application on form p14001
  • Another document. in accordance with the legislation of the Russian Federation
  • Another document. in accordance with the legislation of the Russian Federation
  • 11.07.2017
  • GRN
    8177747352115
  • SPVZ code

    13400

  • Code NO

    7746

    Interdistrict Inspectorate of the Federal Tax Service No. 46 for Moscow

Submission of information on registration of a legal entity as an insurer in the executive body of the Social Insurance Fund of the Russian Federation

2016

  • 18.08.2016
  • GRN
    6167748869447
  • SPVZ code

    12201

  • Code NO

    7746

    Interdistrict Inspectorate of the Federal Tax Service No. 46 for Moscow

Changing information about a legal entity contained in the Unified State Register of Legal Entities

Documentation:

  • Application on form p14001
  • Another document. in accordance with the legislation of the Russian Federation
  • Another document. in accordance with the legislation of the Russian Federation
  • Another document. in accordance with the legislation of the Russian Federation

2015

  • 19.10.2015
  • GRN
    8157747943444
  • SPVZ code

    12101

  • Code NO

    7746

    Interdistrict Inspectorate of the Federal Tax Service No. 46 for Moscow

State registration of changes made to the constituent documents of a legal entity related to changes to information about a legal entity contained in the Unified State Register of Legal Entities, based on an application

Documentation:

  • P13001 statement on changes made to the constituent documents
  • Legal entity charter
  • Minutes of the general meeting of legal entities participants
  • Document confirming payment of state duty dated 10/06/2015
  • Another document. in accordance with the legislation of the Russian Federation
  • 14.10.2015
  • GRN
    8157747779060
  • SPVZ code

    12101

  • Code NO

    7746

    Interdistrict Inspectorate of the Federal Tax Service No. 46 for Moscow

State registration of changes made to the constituent documents of a legal entity related to changes to information about a legal entity contained in the Unified State Register of Legal Entities, based on an application

Documentation:

  • P13001 statement on changes made to the constituent documents
  • Legal entity charter
  • Minutes of the general meeting of legal entities participants
  • Document confirming payment of state duty dated 10/06/2015
  • Another document. in accordance with the legislation of the Russian Federation
  • 27.08.2015
  • GRN
    7157747291497
  • SPVZ code

    12201

  • Code NO

    7746

    Interdistrict Inspectorate of the Federal Tax Service No. 46 for Moscow

Changing information about a legal entity contained in the Unified State Register of Legal Entities

Documentation:

  • Application on form p14001
  • Another document. in accordance with the legislation of the Russian Federation
  • Another document. in accordance with the legislation of the Russian Federation
  • Another document. in accordance with the legislation of the Russian Federation
  • Another document. in accordance with the legislation of the Russian Federation
  • 13.01.2015
  • GRN
    2157746231300
  • SPVZ code

    12201

  • Code NO

    7746

    Interdistrict Inspectorate of the Federal Tax Service No. 46 for Moscow

Changing information about a legal entity contained in the Unified State Register of Legal Entities

Documentation:

  • P14001 application for changes in information not related to changes. constituent documents (clause 2.1)
  • Protocol
  • Letter of guarantee 1, St. 1
  • Power of attorney

2013

  • 03.10.2013
  • GRN
    8137747550856
  • SPVZ code

    12201

  • Code NO

    7746

    Interdistrict Inspectorate of the Federal Tax Service No. 46 for Moscow

Changing information about a legal entity contained in the Unified State Register of Legal Entities

Documentation:

  • Another document. in accordance with the legislation of the Russian Federation
  • Another document. in accordance with the legislation of the Russian Federation
  • Application on form p14001
  • 05.06.2013
  • GRN
    9137746652408
  • SPVZ code

    12101

  • Code NO

    7746

    Interdistrict Inspectorate of the Federal Tax Service No. 46 for Moscow

State registration of changes made to the constituent documents of a legal entity related to changes to information about a legal entity contained in the Unified State Register of Legal Entities, based on an application

Documentation:

  • P13001 statement on changes made to the constituent documents
  • Document confirming payment of state duty dated 05/27/2013
  • Legal entity charter
  • Decision to amend the constituent documents
  • Order

2011

  • 29.07.2011
  • GRN
    2117747424166
  • SPVZ code

    12201

  • Code NO

    7746

    Interdistrict Inspectorate of the Federal Tax Service No. 46 for Moscow

Changing information about a legal entity contained in the Unified State Register of Legal Entities

Documentation:

  • P14001 application for changes in information not related to changes. constituent documents (clause 2.1)
  • Protocol
  • 14.03.2011
  • GRN
    6117746527717
  • SPVZ code

    13300

  • Code NO

    7746

    Interdistrict Inspectorate of the Federal Tax Service No. 46 for Moscow

Submission of information on registration of a legal entity as an insurer in the territorial body of the Pension Fund of the Russian Federation

  • 14.03.2011
  • GRN
    6117746527300
  • SPVZ code

    13300

  • Code NO

    7746

    Interdistrict Inspectorate of the Federal Tax Service No. 46 for Moscow

Submission of information on registration of a legal entity as an insurer in the territorial body of the Pension Fund of the Russian Federation

  • 04.03.2011
  • GRN
    6117746353411
  • SPVZ code

    15101

  • Code NO

    7746

    Interdistrict Inspectorate of the Federal Tax Service No. 46 for Moscow

Making changes to information about a legal entity contained in the Unified State Register of Legal Entities due to errors made by the registration authority

  • 01.03.2011
  • GRN
    6117746229936
  • SPVZ code

    13200

  • Code NO

    7746

    Interdistrict Inspectorate of the Federal Tax Service No. 46 for Moscow

Submission of information on registration of a legal entity with the tax authority

  • 01.03.2011
  • GRN
    6117746229925
  • SPVZ code

    12101

  • Code NO

    7746

    Interdistrict Inspectorate of the Federal Tax Service No. 46 for Moscow

State registration of changes made to the constituent documents of a legal entity related to changes to information about a legal entity contained in the Unified State Register of Legal Entities, based on an application

Documentation:

  • P13001 statement on changes made to the constituent documents
  • Document confirming payment of state duty dated 02/21/2011
  • Charter of the legal entity dated 02/17/2011
  • Decision to amend the constituent documents dated February 17, 2011
  • Copy of the charter, request
  • Payment document for the provision of information contained in the state register dated February 21, 2011
  • 01.03.2011
  • GRN
    6117746229870
  • SPVZ code

    12201

  • Code NO

    7746

    Interdistrict Inspectorate of the Federal Tax Service No. 46 for Moscow

Changing information about a legal entity contained in the Unified State Register of Legal Entities

Documentation:

  • P14001 application for changes in information not related to changes. constituent documents (clause 2.1)

2007

  • 05.04.2007
  • GRN
    9077746004877
  • SPVZ code

    13300

  • Code NO

    7746

    Interdistrict Inspectorate of the Federal Tax Service No. 46 for Moscow

Submission of information on registration of a legal entity as an insurer in the territorial body of the Pension Fund of the Russian Federation

  • 05.04.2007
  • GRN
    8077746989499
  • SPVZ code

    13400

  • Code NO

    7746

    Interdistrict Inspectorate of the Federal Tax Service No. 46 for Moscow

Submission of information on registration of a legal entity as an insurer in the executive body of the Social Insurance Fund of the Russian Federation

  • 03.04.2007
  • GRN
    8077746896692
  • SPVZ code

    13200

  • Code NO

    7746

    Interdistrict Inspectorate of the Federal Tax Service No. 46 for Moscow

Submission of information on registration of a legal entity with the tax authority

  • 03.04.2007
  • GRN
    5077746453714
  • SPVZ code

    11201

  • Code NO

    7746

    Interdistrict Inspectorate of the Federal Tax Service No. 46 for Moscow

Creation of a legal entity

Documentation:

  • Statement (with attachments) dated March 29, 2007
  • Charter dated March 29, 2007
  • Minutes of 03/29/2007
  • Agreement dated March 29, 2007
  • Document confirming payment of state duty dated March 29, 2007

Management Policy

A distinctive feature of the Plazmek company is its developed network of subsidiaries and affiliated organizations. The structure of the enterprise is divided into 2 key dependent companies:

  1. Plasma equipment - the company oversees everything related to plasma welding, including the creation of appropriate devices and machines;
  2. MedPlasma is a division that controls the medical area of ​​activity.

According to some sources, these companies are not directly part of the Plazmek structure, but are the property of ex-CEO Shchitsyn.

In the general report provided by the issuer, there is information that back in 2011 the Plazmek company However, 4 years later, information appeared that the agreement had been terminated, so consolidated financial statements have not been published since that time.

brief information

The organization PJSC "PLAZMEK" was registered on 04/03/2007 by the registrar: Interdistrict Inspectorate of the Federal Tax Service No. 46 for Moscow

.
After registration, the company was assigned: OGRN: 5077746453714, INN: 7709732938 and KPP: 770901001. The main activity is “ Production of machines, machines and equipment for processing metals and other solid materials
”, the organization also has 12 additional activities. Legal address of PJSC "PLAZMEK" - 109004, Moscow, st. Stanislavsky, 3/9.

Address on the map

Management and shareholders

The last public reporting was published back in 2016, so information about key shareholders corresponds to this period. Unfortunately, there is no current information. 95.5% of Plazmek shares belong to Russian companies and only 0.5% to foreign investors. The company's top managers do not have any securities in the company, which seems rather strange.

Perhaps the main character of the organization remains Vladislav Yuryevich Shitsyn. He led the company for a long period of time. Has a Ph.D. scientific degree. Today the organization is managed by Maxim Borisovich Litvinov. The main functions of the head of the Plazmek company :

  • making decisions on key issues;
  • effective management of shareholders;
  • development and approval of plans for further development.

Economic indicators

2017
The net loss of PJSC PLAZMEK for 2021 according to RAS amounted to 8.38 million rubles. against a profit of 124.00 thousand rubles. a year earlier.

The company's revenue for 2021 increased 2.04 times to 63.48 million rubles.
The cost of production increased in 2021 and amounted to 62.97 million rubles. compared to last year’s figure of 32.28 million rubles. Sales loss for 2021 increased by 30.15% to RUB 1.13 million. from 1.62 million rubles. for the same period last year. 2016
PJSC "PLAZMEK" summed up the results of its work. According to the company's materials, net profit for 2021 increased to 124.00 thousand rubles.

The company's sales volume increased 3.57 times to 31.12 million rubles. Administrative expenses for the reporting period amounted to 457.00 thousand rubles.

Profit from sales amounted to 1.62 million rubles.
2015
The net profit of PJSC PLAZMEK for 2015 amounted to 45.00 thousand rubles. compared to 202.00 thousand rubles. a year earlier.

The company's sales during the reporting period decreased by 14.84 times to 8.73 million rubles.
from 129.55 million rubles. for the same period last year. The cost of production for the reporting period amounted to 8.11 million rubles. Profit from sales amounted to 689.00 thousand rubles. 2014
The sales volume of JSC Plazmek during the reporting period increased 1.73 times to 129.55 million rubles. from 74.83 million rubles. a year earlier. This is stated in the company's report.

The cost of production for the reporting period amounted to 126.09 million rubles. Net profit for 2014 decreased to 202.00 thousand rubles. from 222.00 thousand rubles. a year earlier.

What should an investor do?

Let's look at what options an investor can take if he learns about the delisting of a company whose assets he owns.

Option 1. Sell shares immediately

Not the best option, because the stock market is often ruled by the emotional crowd. Most likely, there will be more than a dozen investors who also want to get rid of assets. This will lead to a price drop and losses.

Before making a decision to sell, you need to find out the reason for delisting shares. If it's bankruptcy, then really the best option may be to sell. The shareholder has the right to a share of the liquidated property of the enterprise, but in the order of priority. The ordinary owner of shares is unlikely to wait for it.

If the stock has been moved to another listing level, it may make sense to wait. Yes, the exchange decided that the securities had become more risky. But the second or third level does not prevent some well-known issuers from trading successfully. This is how, for example, Akron, Beluga Group, Raspadskaya, KAMAZ and other issuers from the 2nd level of the list behave.

Option 2: Save shares

Once stocks leave organized trading, they may end up on the over-the-counter market. The investor remains the owner of the assets and is entitled to receive dividends, which the company begins or continues to pay even after delisting.

Due to low liquidity, difficulties may arise when selling from the over-the-counter market. You will have to wait until there is a buyer for your quantity and price. And sometimes businesses come back. For example, this happened with Polymetal.

In any case, you need to find out the reason for delisting. Perhaps there is a reorganization ahead, then you can become the owner of a new business.

Option 3. Wait for an offer

I have already mentioned the articles of the law on joint stock companies that describe the conditions for the redemption of assets. The procedure itself is preceded by an offer - an offer from the majority shareholder to buy securities of other investors. In this case, the price cannot be lower than the weighted average for the last six months. If just before delisting the quotes dropped significantly, then the offer will allow you to sell the shares at a higher price than they currently have.

The terms of the offer are known 35 days before the completion of the delisting procedure. There is time to think and make a balanced, not an emotional decision.

A small checklist for investors on the main actions in case of delisting:

  1. Find out the reason for the company leaving the stock exchange.
  2. Find out the terms of the offer, if it is announced.
  3. Inquire about possible trading on the over-the-counter market (for example, ETFs from FinEx were not included there during liquidation).
  4. Check your dividend policy. If the issuer is not going to stop paying, there is no point in selling assets.
  5. Try to buy shares from the 1st and 2nd levels of the quotation list. The rest are too risky. They can cause trouble, especially if the company goes bankrupt.
  6. Do not hold assets of one issuer in your portfolio. We remember about diversification and optimize risks.

What are the prospects for further development of Plazmek

Having analyzed information from open sources, it seems that the prospects for Plazmek are rather vague. The main problem of the organization is the lack of public reporting to shareholders. Does the company continue to operate or is it simply stuck in legal proceedings? Only company representatives can clearly answer such a difficult question.

The only source of feedback is the official website. Unfortunately, it does not look like a portal to a reliable organization. The information on the site was last updated in 2015. What catches your eye is a large number of pages with products that are not available for viewing. The portal has not become a full-fledged trading platform, because there is no functionality for online orders.

The Plazmek company website also has a contact phone number for potential clients. However, it is impossible to contact representatives of the company. All calls are redirected to an answering machine. There is no feedback from real employees. The presented arguments lead to the conclusion that no one is engaged in sales activities. Of course, the organization has many revolutionary patents and developments on its balance sheet, but all of them are worthless without practical implementation.

Investing in Plazmek shares is a big risk. Today, the organization is not able to impose competition on domestic and foreign firms. Therefore, retail investors should take a closer look at the securities of other issuers. It is obvious that the company is on the verge of bankruptcy.

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