HYDROMASHSERVICE ltd announced that it intends to conduct a private placement of 4,500 shares at RUB 1,000 per share for gross proceeds of RUB 4,500,000 on January 24, 2013. The transaction was approved by the board of directors of the company. The transaction is subject to the proposal being passed at the extraordinary general meeting of the company.

On February 14, 2013, the company announced that it will issue 4,500 preferred shares at RUB 4,500 per share for gross proceeds of RUB 20,250,000. The shares will be issued to returning investor, HMS Hydraulic Machines & Systems Group plc. The transaction was approved at the special meeting.