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Exercise of Put Option

7 Aug 2012 18:06

RNS Number : 5225J
RusPetro plc
07 August 2012
 



 

7 August 2012

RUSPETRO plc ("RusPetro")

 

 

Exercise of Put Option

 

London, 7 August: Pursuant to a Put Option Agreement dated 16 January 2012 between two of the founder shareholders of RusPetro, Nervent Limited ('Nervent') has acquired 8,439,833 shares from Makayla Investments Limited ('Makayla') at 134 pence per share. Following this transaction Makayla continue to hold 28,837,751 shares in RusPetro whilst Nervent has increased its shareholding to 46,479,833.

 

Nervent is a company 91.4% owned by Executive Director Alexander Chistyakov and 8.6% owned by Chief Financial Officer Thomas Reed.

 

Following this transaction, Alexander Chistyakov is the beneficial owner of 42,482,567 shares (12.7% ofRusPetro shares outstanding) and Thomas Reed is the beneficial owner of 4,145,053 shares (1.2% of RusPetro shares outstanding). For more information, please see the accompanying TR1 and DT3 forms published today.

 

Enquiries

 

MediaPatrick Handley / Natalia Erikssen, Brunswick+44 207 404 5959

 

Investors / Analyst enquiriesDominic Manley, RusPetro+44 207 193 7863

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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