Source: Minority owner of PIK Group sells 2% in company - All News - PRIME Business News Agency - All News Politics Economy Business Wire Financial Wire Oil Gas Chemical Industry Power Industry Metals Mining Pulp Paper Agro Commodities Transport Automobile Construction Real Estate Telecommunications Engineering Hi-Tech Consumer Goods Retail Calendar Our Features Interviews Opinions Press Releases

Source: Minority owner of PIK Group sells 2% in company

MOSCOW, Oct 10 (PRIME) -- Firlibia Holdings, a minority shareholder of Russian real estate developer PIK Group, whose beneficiary is Mark Rhodes, is selling about 13 million shares in the developer, or an about 2% stake, on the secondary market through an accelerated bookbuilding, a financial source told PRIME late on Wednesday.

The placement price guidance was defined as the market price. PIK GroupТs shares lost 2.53% to 385 rubles per paper on Wednesday on the Moscow Exchange, valuing the stake at U.S. $77 million.

J.P. Morgan, VTB Capital, and Gazprombank act as the organizers.

(65.0976 rubles Ц U.S. $1)

End

10.10.2019 08:16
 
 
Share |
To report an error select text and press Ctrl+Enter
 
 
Central Bank Official Rate
1W 1M 1Y
USD
EUR 71.1299 +0.2276 19 oct
USD 63.9542 -0.0602 19 oct
Stock Market Indices
1D 1W 1M 1Y
MICEX
rtsi 1355.27 +0.13 18:50 18 oct
micex 2752.91 +0.16 18:50 18 oct
Stock Quotes in RUR
1D 1W 1M 1Y
GAZP
gazp 228.00 0.00 18:49 18 oct
lkoh 5720.00 +0.09 18:49 18 oct
rosn 415.00 -0.63 18:49 18 oct
sber 235.55 +0.88 18:49 18 oct
MICEX Ruble Trading
1D 1W 1M 1Y
USDTD
EURTD 71.1150 +0.3100 14:59 18 oct
USDTD 63.9150 -0.2900 17:44 18 oct