Corruption?22 May 2016 21:33
24 Apr 2016
Seneal International (Alexei Khotin):29.99%
Sinclare Holdings (Alexander Klyachin): 26.69%
VTB bank: 13.82%
JScB international Financial club: 5.89%
Free float 23.61%, below the minimum 25% rule for the FTSE index.
Sergey Koshelenko (Non-Executive chairman): Mr Koshelenko held the following positions: the chairman of the Board of the International Financial club Bank and Head of the investment Banking Department of VTB
Dmitry Margelov (Chief Executive Officer)Before joining Exillon as Deputy CEO he served as advisor to the chairman of the Board of Directors of JSc rusoil,a rapidly developing oil and gas company based in Moscow.
So the two largest shareholders, Khotin and Klyachin, own 53.68% of the company. They are reported to work together on business transactions in other areas such a property. The Chairman, Mr Koshelenko, was head of investment at VTB and Chairman of JScB international Financial club, who happen to own 13.82% and 5.89% of Exi share issue respectively. The CEO, Mr Margelov, is an employee of rusoil - the oil company owned by Alexei Khotin.
And the London Stock Exchange believes this meets requirement of a premium listing?