Cyprus-based firm buys $6.64 mln options in Russia’s Lukoil

MOSCOW, Dec 9 (PRIME) -- Reserve Invest (Cyprus) limited, a company affiliated with Russian oil major Lukoil’s CEO Vagit Alekperov and Vice President Leonid Fedun, has bought a put option for American depositary receipts (ADRs) in Lukoil worth U.S. $6.642 million over the counter, as seen by PRIME in Lukoil’s materials on Friday.

Reserve Invest bought 100,000 ADRs for $49 per security on Tuesday and 32,258 ADRs for $54 per security on Wednesday.

Earlier, Lukoil’s materials showed that Reserve Invest bought 600,000 ADRs for $46.25 per security on December 2 and 150,000 ADRs for $46 per security on Monday.

Previously, managing company Management-Center, affiliated with Alekperov and Fedun, bought 56,000 shares of Lukoil on the Moscow Exchange for 183.6 million rubles.

As of late September, stakes of Alekperov and Fedun amounted to 22.96% and 9.78%, respectively.

(63.3901 rubles – U.S. $1)

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