Minority shareholders of Polyus Gold come 'out of the shadows' for Kerimov’s formal offer.
Edited by Rhod Mackenzie / 2015-09-17 03:46:08
Wamika Trading Ltd and Receza Ltd, controlled by Gabriel Yushvaevym, increased their share in gold mining Polyus Gold International to 19.9861% (606 million shares) from 19.28% earlier, the company informs.
Currently, the minority shareholders of companies owning more than 1%, reveal their shares in accordance with the rules of the London Stock Exchange (LSE), since at the beginning of September Wandle Holdings, which owns 40.22%, stated it was ready to make an offer to purchase all the owned shares of Polyus Gold. (Today Wandle Holdings pledged 20.1% of its stake in Polyus under repurchase agreements with VTB).
