Neftisa chief bought almost 1 mln rubles in RussNeft shares in IPO
MOSCOW. Feb 9 (Interfax) - Andrei Zarubin, the general director of the Neftisa Oil Company and a member of the board of directors at RussNeft , bought 1,765 ordinary shares in RussNeft for nearly 1 million rubles in the latter's IPO.
RussNeft said in a statement that Zarubin bought a 0.0006% stake in the company back on November 25, when it held its IPO on the Moscow Exchange , however RussNeft has only disclosed the information now, ahead of publishing an earnings report for Q4 2016.
Going by the placement price of 550 rubles a share, Zarubin would have paid 970,500 rubles for the stake,
Belyrian Holdings Limited and its subsidiaries, the beneficiaries of which are members of the Gutseriev family, sold 20% of RussNeft ordinary shares or 15% of issued shares on the Moscow Exchange at the end of November for 550 rubles per share.
Belyrian Holdings Ltd sold 6.41% ordinary shares, which it held directly. Other selling shareholders included Bradinor Holdings Ltd (5.426%) and Cromeld Management Ltd (7.48%), which divested their entire stakes in RussNeft.
The IPO raised 32.4 billion rubles and valued the company at 161.8 billion rubles.
RussNeft said on December 6 that its president, Yevgeny Tolochek acquired 0.0005% of shares in the company on November 25. Based on the IPO placement price of 550 rubles per share, Tolochek paid 1.078 million rubles for the shares.
Neither the company nor the IPO organizers have said who else bought shares.
As a result of the IPO, the Gutseriev family's stake in RussNeft, through Belyrian Holdings Limited and its subsidiaries, decreased to 60% of issued shares and 47% ordinary shares. Glencore plc and its subsidiaries own 25% of issued shares and 33% ordinary shares.
RussNeft has 294.12 million issued ordinary shares and 98.32 million preferred shares with par value of 0.50 rubles each.
