14 Feb 2011 10:29

VTB confirms placement price at $6.25 per GDR, 0.0915 rubles per share

MOSCOW. Feb 14 (Interfax) - VTB has confirmed placement prices at $6.25 per global depository receipt and 0.0915 rubles per share in the upcoming privatization of 10% of its shares.

The bank said that the Russian government could reap proceeds of 95.7 billion rubles from the sale of the shares.