Globaltrans top managers reduce stake in group to 7.8% in 2012
MOSCOW. Feb 5 (Interfax) - Envesta Investments Ltd (EIL), a minority shareholder in Globaltrans, sold 1% of its shares in the railway group's parent company Globaltrans Investment plc in the middle of 2012, as implied in a supplement to the quarterly financial report of one of the holding's assets - OJSC Novaya Perevozochnaya Kompaniya (NPK).
According to that report, EIL owned 7.8% of the shares in Globaltrans Investment plc by the end of 2012. As of May 2012, EIL was listed as the owner of 8.8% of Globaltrans shares.
Envesta Investments belongs to CEO of Globaltrans Sergey Maltsev (51%) and chairman of the group's board of directors Alexander Yeliseyev (49%).
Globaltrans specializes in transporting metals, oil, cement and coal. Transportation Investments Holding, which is equally controlled by N-Trans top managers Konstantin Nikolayev, Nikita Mishin and Andrei Filatov, owns 34.5% of the company's shares. Another 2.2% belong to structures controlled by the group's management. Free float is over 54.5%.
Globaltrans Investment plc's charter capital comprises 178.741 million shares, par value $0.1 each. On Tuesday, the company's GDR were trading at $16.6 each. Therefore, 1% of the group's shares is currently worth about $29.7 million.