26 Dec 2014 13:49

UCP fund head ups Chelyabinsk Zinc stake from 17.6% to 22.4%

CHELYABINSK. Dec 26 (Interfax) - Ilya Scherbovich, president and managing partner of United Capital Partners (UCP), has increased his voting stake in Chelyabinsk Zinc Plant (CZP) from 17.63% to 22.43%, CZP said in materials.

The stake is owned via UCP Resources Limited (Bahamas). The shares were acquired on December 16.

"These were shares [bought] on the free market, the core shareholder's stake has not altered," CZP told Interfax.