Joint Stock Company Open Investments (JSC OPIN) was established
May 2003
The Group launched the Pavlovo-1 Community development
April 2004
The number of members of the Board of Directors increased from 7 to 9 members including 4 independent directors
September 2004
The Group launched the Pavlovo Podvorye Retail and Entertainment Complex project
September 2004
JSC OPIN’s shares were listed on RTS Stock Exchange under the list B
November 2004
The Company successfully launched an IPO of its shares raising US$ 68.8 million
4 Q 2004
The Group launched the Class A Business Centre at Akademika Sakharova Street (since October 2007 - Domnikov Class A Business Centre) and A.I. Raikin Art, Culture and Leisure Centre Retail and Entertainment Complex projects
December 2004
The Group raised a US$ 25 million loan from Sberbank for the 5 year period
April 2005
The Group raised a US$ 25 million loan from Rosbank for the 5 year period
May 2005
IR Development Ltd (member of the Group) won the tender for the development of a feasibility study for the construction of the Central Ring Road of the Moscow Region
April-August 2005
The Group acquired approximately 43 ha of land on Novorizhskoe Highway for the Pavlovo-2 Community project
May 2005
The Group acquired approximately 128 ha of land on Dmitrovskoe Highway for the Pestovo Community project
June 2005
The Group acquired approximately 229 ha of land on Kievskoe Highway for the Martemianovo Community project
September 2005
The Group raised a US$ 25 million loan from Rosbank for the 3 year period
September 2005
The Group started sales in the Pestovo Community
November 2005
The Group successfully placed the CLN program on the unsecured basis for the 2 year term
December 2005
The Group acquired approximately 159 ha of land on Novorizhskoe Highway for the Lukino Community project
December 2005
OPIN acquired approximately 17 ha of land in Samara
December 2005
The Group acquired leasehold interest in land in Sochi for the Sochi Residential and Resort Estate development project
March 2006
The Company’s shares were included into the RTS-2 index basket
April 2006
The Company successfully placed 1,285,488 additional shares raising approximately US$ 90 million
June 2006
The Group acquired approximately 30 ha of land on Rublevo-Uspenskoe Highway
July 2006
The Group acquired additional 43 ha of land for the Lukino Community project
September 2006
The Board of Directors approved an acquisition of up to approximately 1,000 ha of land, located between 25 and 30 km from Moscow in close proximity to Pestovo Reservoir
October 2006
The Company placed 4,875,788 additional shares raising approximately US$ 881 million
October 2006
The Group acquired a 100% ownership interest in Bank Tower LLC resulting in OPIN holding a 100% participation interest in the development of a Class A Business Centre at Akademika Sakharova Street (since October 2007 - Domnikov Class A Business Centre)
October 2006
The Group acquired additional approximately 40 ha of land for the Pavovo-2 Community project
December 2006
The Board of Directors approved the acquisition of land to the northern and the western directions of Moscow consistent with OPIN’s strategy to expand its land bank
December 2006
The Group acquired 37 ha of land on Dmitrovskoe Highway for the Large Pestovo Master-Plan Development
January 2007
The Group acquired 1 237 ha of land in Tver Region for the Zavidovo Master–Plan Community
January 2007
The Group acquired approximately 3 243 ha of land in Tver Region consistent with the strategy to expand the land bank
February 2007
The Group started sales of land plots in the Martemianovo Community
March 2007
The Group started sales of town-houses and apartments in the Pavlovo-2 Community
May 2007
The Company placed 1,798,063 additional shares raising approximately US$ 325 million
May 2007
The Group acquired additional 315 ha of land for the Large Pestovo Master-Plan Development
May 2007
OPIN sold approximately 17 ha of land in Samara
June 2007
The Company’s shares were included into the RTS index basket
July 2007
Andrey Aleksandrovich Klishas, Chairman of the Management Board, General Director of “Interros” Company, was elected as Chairman of the Board of Directors of JSC “OPIN” by a unanimous decision of the members of the Board of Directors during a meeting of the Board of Directors
August 2007
OPIN announced its intention to seek to acquire the Class A shares of Viceroy Homes Limited, a listed Canadian manufacturer of quality prefabricated timber frame houses
October 2007
The Company placed 2,038,930 additional shares raising approximately US$ 591 million
October 2007
The Group became a management company for the development of Rosa Khutor Resort (Sochi)
November 2007
JSC OPIN and ING Wholesale Banking (ING Bank N.V.) entered into the a loan agreement for an amount of US$ 100 million
December 2007
JSC OPIN shares’ ticker changes to OPIN (RTS Classic Market) and OPING (RTS Order-Driven Market)
December 2007
The Group successfully placed Credit Linked Notes (CLN) for an amount of US$ 50 million
December 2007
The Group acquired approximately 137 ha of land on the Kievskoe Highway under its strategy aimed at building up the land bank
January 2008
The Board of Directors has approved the sixth increase in the charter capital of the Company, whereby up to 1,692,252 additional ordinary shares each with a nominal value of RUR1,000 should be placed through an open subscription
February 2008
Joint Stock Company Open Investments has acquired about 61% of the premises of Viceroy Homes Limited (“Viceroy”)
March 2008
The Company successfully placed Credit Linked Notes (CLN) for an amount of US$ 99.9 million
April 2008
The Tver region government and JSC “OPIN” has entered into a cooperation agreement in relation to the Large Zavidovo integrated development of the territory
April 2008
The Company successfully placed Credit Linked Notes (CLN) for an amount of US$ 50 million for the term of 2 years
June 2008
JSC “OPIN” successfully closed the additional ordinary share offering on the total amount approximately US$ 491 million
June 2008
The Company signed a lease agreement with JSC “Alfa-Bank” for approximately 22 000 sqm in the Domnikov Business
July 2008
JSC “OPIN” continues to implement its strategy aimed at building the land bank. As a result, the Company has gained control of over approximately 6,414 hectares of land in the Moscow and Tver Regions
July 2008
Joint Stock Company Open Investments has completed the acquisition of 100% of the premises of Viceroy Homes Limited (“Viceroy”)
July 2008
The Company has acquired approximately 31% of the premises in Hotel “Novoslobodskaya” (Novotel Moscow Centre Hotel)
November 2008
JSC “OPIN” and the Professional Golfers Association (PGA) of the United Kingdom signed the Agreement on the establishment of the PGA Golf Academy on the territory of the Large Zavidovo integrated territory development in Tver Region and on assignment of the “PGA National, Russia” status to the championship golf field
November 2008
In accordance with terms of the Agreement the Company repay bridge loan on the total amount US$ 100 million
December 2008
Kartsev Alexander Aleksandrovich, General Director of “Sakharov Business Plaza” LLC and “OPIN Development” LLC was elected the Chairman of the Board of Directors JSC “OPIN”
