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| Name | Symbol | Market | Type |
|---|---|---|---|
| VK Company Ltd (CE) | USOTC:MLRYY | OTCMarkets | Depository Receipt |
| Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 0.9011 | 0.00 | 01:00:00 |
From Jun 2019 to Jun 2024
By Andrey Ostroukh
MOSCOW--Russia's wealthiest man, Alisher Usmanov, is to sell a 7.4% stake in internet company Mail.Ru Group (MAIL.LN) for $34.25 per global depositary receipt, bookrunner Morgan Stanley (MS) said Thursday.
Late on Wednesday, Mail.Ru said that Ardoe Finance Ltd., a company controlled by Mr. Usmanov's USM Holdings Ltd., had begun placing the stake with international investors via a GDR offering.
USM Holdings had owned 25.3% of Mail.Ru and 60.6% of the voting rights. The statement from Mail.Ru said USM Holdings would retain about 17.9% of share capital and 58.1% of voting rights at the end of the placement.
Write to Andrey Ostroukh at andrey.ostroukh@dowjones.com
Subscribe to WSJ: http://online.wsj.com?mod=djnwires
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