Research (J&T BANKA)
World markets  |  February 28, 2013 09:30:41 major shareholder sold shares of 7%

Russian Internet company announced yesterday that largest shareholder Alisher Usmanov sells 7% stake in the company at a price 34.25 - $ 35. After the sale Usmanov will continue to hold 17.9% of the shares and the majority in terms of voting rights. Usmanov he intends to continue to maintain control over the company and will be allowed to sell shares in the next six months. Given that the price for the sale of 7% share is below yesterday's closing price of 37.40, the message is considered as negative.

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Hlavní akcionář prodal 7% akcií společnosti

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