Norilsk Nickel increased its shareholding in Norilskgazprom to 56%

Norilsk Nickel increased its shareholding in Norilskgazprom from 404.8% to 56.17%, to 4,207,203 equal stocks. In the beginning of November, Norilsk Nickel increased its shareholding in Norilskgazprom from 29.39% to 40.48%, to over 3.031 million equal stocks. Enlargement in the shareholding happened at the expense of participation in buyout of additional issue of Norilskgazprom stocks. The raised funds will be allocated to development of the projects of the gas company.