The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.

Less Ads, More Data, More Tools Register for FREE

Reorganisation of EIL holding in GLTR completed

27 Jan 2014 07:00

RNS Number : 5470Y
Globaltrans Investment PLC
27 January 2014
 



 

 

For immediate release 27 January 2014

 

Globaltrans Investment PLC

Internal reorganisation of Envesta holdingin Globaltrans completed

 

Globaltrans Investment PLC (the "Company" and together with its consolidated subsidiaries "Globaltrans" or the "Group"; LSE ticker GLTR) has been notified that the internal reorganisation of Envesta Investments Ltd ("EIL"), an 8.8% shareholder of Globaltrans, has been completed. As a result of this reorganisation, announced on 3 September 2013, the two beneficial owners of EIL (Sergey Maltsev, Group's CEO, Executive Director and Alexander Eliseev, Non-Executive Director) now beneficially own their stakes in Globaltrans directly through separate entities controlled by each of them:

· Sergey Maltsev beneficially owns a 4.5% stake in Globaltrans through Goldriver Resources Ltd;

· Alexander Eliseev beneficially owns a 6.3%[1]stake in Globaltrans through Litten Investments Ltd.

This internal restructuring of EIL has not resulted in any change in the aggregate number of shares/GDRs beneficially owned by each of the above two Directors.

 

 

ENQUIRIES

Globaltrans Investor Relations

Mikhail Perestyuk

+357 25 503 153

irteam@globaltrans.com

 

For international media

StockWell Communications

Laura Gilbert / Zoe Watt

+44 20 7240 2486

globaltrans@stockwellgroup.com

 

 

LEGAL DISCLAIMER

Some of the information in this announcement may contain projections or other forward-looking statements regarding future events or the future financial performance of Globaltrans. You can identify forward-looking statements by terms such as 'expect', 'believe', 'anticipate', 'estimate', 'intend', 'will', 'could', 'may' or 'might', the negative of such terms or other similar expressions. Globaltrans wishes to caution you that these statements are only predictions and that actual events or results may differ materially. Globaltrans does not intend to update these statements to reflect events and circumstances occurring after the date hereof or to reflect the occurrence of unanticipated events. Many factors could cause the actual results to differ materially from those contained in projections or forward-looking statements of Globaltrans, including, among others, general economic conditions, the competitive environment, risks associated with operating in Russia, rapid technological and market change in the industries Globaltrans operates in, as well as many other risks specifically related to Globaltrans and its operations.


[1] Including 2.0% historically beneficially owned through Litten Investments Ltd.

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

Related Shares

Back to RNS

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.