Pumpyansky stake in Sinara Bank distributed among 12 individuals

YEKATERINBURG. March 15 (Interfax) - Dmitry Pumpyansky, the former beneficiary of TMK and Sinara Group, has transferred his stake in Sinara Bank (formerly SKB Bank) to individuals connected to the companies affiliated with Sinara and TMK.

According to a statement from the lender, starting on March 11 8.6347% of Sinara Bank shares were transferred to the indirect possession of general director of Sinara-Development (construction subdivision of Sinara group) Timur Ufimtsev, director of Sinara Group Marat Idrisov, former head of STM Evgeny Gritsenko, general director of STM Viktor Lesh, general director of Sinara Mikhail Khodorovsky and Igor Khmelevsky.

Stakes of 7.5386% each went to Tigran Petrosyan, TMK deputy general director for economics and finance; Vyacheslav Popkov, first deputy general director for special projects; Mikhail Popov, TMK adviser; TMK Vice President Andrey Kaplunov; and Marina Kerch.

TMK CEO Igor Korytko received an indirect shareholding of 7.7202%.

Prior to this, Pumpyanskiy indirectly controlled 97.99% of Sinara Bank.

As reported, Pumpyanskiy, who owned 90.6% of TMK , has ceased being a beneficiary of the pipe maker and left the company's board of directors. He also ceased being a beneficiary of Sinara Group and withdrew from the boards of JSC Sinara Group, Sinara Bank and JSC STM.

The European Commission has announced the imposition of sanctions against 14 businessmen who operate in "major sectors of the economy and are a significant source of funds for the Russian Federation" and their family members. Among them are Pumpyansky, his wife Galina and son Alexander.

At the end of February, SKB-Bank changed its name to Sinara Bank as part of a rebranding. The rebranding decision was made at an extraordinary meeting of shareholders on December 17, 2021. Integration with the parent brand, as noted, will reflect the connection of the financial division with the rest of Sinara Group.

Sinara Group was founded in 2001 and is a diversified company which incorporates enterprises from various industries. The priority lines of its business are transport engineering, financial services and real estate development.

SKB-Bank ranked 57th by assets in the Interfax-100 ranking prepared by the Interfax Center for Economic Analysis at the end of 2021.