Lenta says to issue 91,302 shares for employee stock option plan - News Archive - 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

Lenta says to issue 91,302 shares for employee stock option plan

MOSCOW, Jul 12 (PRIME) -- Russian retailer Lenta will issue 91,302 shares in the form of global depositary receipts (GDRs), or 456,510 GDRs to use them in a stock option plan for its employees, Lenta said in a statement on Thursday.

The issue accounts for 0.1% of Lenta’s shareholder equity.

The company also filed a bid to the London Stock Exchange asking it to allow the new GDRs for trade. It plans to distribute 347,510 new GDRs among employees immediately after the bourse’s approval and the remaining 109,000 GDRs from time to time, the company said.

Lenta’s largest shareholders are TPG Group with a 33.97% stake and the European Bank for Reconstruction and Development with a 7.37% stake, while free-float is 57.51%.

End

12.07.2018 11:34
 
 
Share |
To report an error select text and press Ctrl+Enter
 
 
Central Bank Official Rate
1W 1M 1Y
USD
EUR 70.6068 +0.0516 19 jul
USD 62.8286 -0.1165 19 jul
Stock Market Indices
1D 1W 1M 1Y
MICEX
rtsi 1362.64 +0.95 11:27 19 jul
micex 2722.51 +0.74 11:27 19 jul
Stock Quotes in RUR
1D 1W 1M 1Y
GAZP
gazp 219.14 +0.38 11:10 19 jul
lkoh 5208.50 +0.82 11:10 19 jul
rosn 419.45 +0.59 11:10 19 jul
sber 237.06 +0.97 11:10 19 jul
MICEX Ruble Trading
1D 1W 1M 1Y
USDTD
EURTD 70.6200 +0.1800 14:59 19 jul
USDTD 63.0300 +0.1575 17:44 19 jul