FFMS registers Lider's additional share issue for Gazprom and VEB
MOSCOW. Feb 28 (Interfax) - The regional office of Russia's Federal Financial Markets Service (FFMS) in the Central Federal District has registered an additional issue of common shares in CJSC Lider, the FFMS said in a statement.
The issue has been given state registration number 1-01-05907-H-003D.
The parameters of the additional share issue have yet to be released and Lider also has not commented on it. However, sources have told Russian daily Kommersant that Lider hopes to raise 4 billion rubles from the share placement.
The presumed participants in the placement are gas giant Gazprom , which the FAS has already authorized to acquire 25.7% in Lider, and state corporation Vnesheconombank (VEB), the application from which for a similar sized share packet is still being reviewed by the Federal Antimonopoly Service (FAS).
The main shareholder in Lider is SOGAZ Group , which will not take part in the share placement.
Lider manages Russia's biggest pension fund, Gazfond. As of mid-2011, SOGAZ owned 75% in Lider (the insurer has not publish quarterly reports since the third quarter of 2011).
SOGAZ Group is controlled by Rossiya Bank (the main beneficiaries in the bank are Yury Kovalchuk, Nikolai Shamalov, Dmitry Gorelov, Gennady Timchenko, and Alexei Mordashov).
Lider controls the third leading bank in Russia for total assets, Gazprombank . Gazprom owns 41.7% in Gazprombank.
