MOSCOW, Mar 1 (PRIME) -- Arkady Volozh, a co-founder and head of Russian Internet company Yandex, and his family trust Lastar Trust will sell 29,180 shares of Class A of the company, Yandex said on Monday in a statement.
As of the closure of trading on the Moscow Exchange on February 26, the stake can be valued at about 140 million rubles.
Volozh directly owns 29,180 shares of Class A. Lastar Trust holds 30.8 million shares of Class B. Their total share amounts to 8.7% of Yandex’s capital and 45.5% of votes.
(74.4373 rubles – U.S. $1)
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