RusPetro chief ups stake in company to 7%
MOSCOW. March 26 (Interfax) - Donald Wolcott, the general director of RusPetro, which owns oil production assets in the Khanty-Mansiisk Autonomous District, has purchased 800,147 company shares at 17.5 pence each, thereby raising his stake to 7.097% of authorized shareholder capital.
RusPetro said in a statement that Wolcott paid a total of 140,025 pounds for the stake. He now owns 23.660 million shares.
RusPetro's shareholders also include: Limolines (29.7%), the beneficiary of which is the deputy chief of En+ Group Andrei Likhachev; deputy head of OJSC Federal Grid Company UES Valery Chistyakov (12.7%); Makyala (8.7%); Crossmead (3.7%), Sberbank of Russia (3.1%); and RusPetro's CFO Tom Reed (1.2%). As of the beginning of 2013, free float was 34%.
