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Pin to quick picksGlobaltrans S Share News (GLTR)

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Globaltrans Investment Extends Service Contract With Metalloinvest

Tue, 14th Jan 2014 11:43

LONDON (Alliance News) - Globaltrans Investment PLC, the freight rail transportation services group, said Tuesday that it has extended its service contract with iron ore and HBI producer Metalloinvest to the end of 2016.

The company, which has operations in Russia and the Baltic countries, said that as part of the contract, it will continue transporting 100% of Metalloinvest rail volumes to the end of 2016.

It said that the pricing formula remains unchanged with transportation prices subject to quarterly review and agreement between the parties.

Shares in Globaltrans Investment were untraded Tuesday morning, at 13.05 pence per share.

By Rowena Harris-Doughty; rowenaharrisdoughty@alliancenews.com; @rharrisdoughty

Copyright © 2014 Alliance News Limited. All Rights Reserved.

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Southey Capital offers to buy shares in Russian railroad firm Globaltrans

This content was produced in Russia where the law restricts coverage of Russian military operations in Ukraine

MOSCOW, April 8 (Reuters) - Southey Capital, a capital markets firm specialising in distressed and illiquid securities, said on Monday it was offering to buy shares in Russian railroad operator Globaltrans at a discount of around 20%.

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3 Mar 2022 08:04

London Stock Exchange suspends trading in several GDRs of Russian firms

March 3 (Reuters) - The London Stock Exchange said on Thursday it had suspended with immediate effect the trading of global depository receipts (GDRs) of several Russia-based companies including Rosneft, Sberbank, Gazprom, En+ and Lukoil.

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27 Jan 2014 12:04

Globaltrans Investment Completes Reorganisation Of Envesta Investments

LONDON (Alliance News) - Globaltrans Investment PLC Monday said it has completed the internal reorganisation of Envesta Investments Ltd, a company that has an 8.8% shareholding in Globaltrans. The freight rail transportation services group said that as a result of the reorganisation, the tw

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27 Jan 2014 10:10

UK BROKER RATING CHANGES: Goldman, Barclays Call Big Yellow Conviction Buy

LONDON (Alliance News) - The following UK shares received analyst recommendations Monday morning:
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FTSE 100
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BARCLAYS RAISES LONDON STOCK EXCHANGE PRICE TARGET TO 2200 (1800) PENCE - 'OVERWEIGHT'
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NUMIS RAISES LONDON

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