The Ukrainian Metal

Russia: Metalloinvest share in Nornickel down

In 2016 Metalloinvest sold a packet of Nornickel ADR valued at $342 million (1.4%).

According to the group statement, as of December 31, 2015 it owned 3.2% of Nornickel shares, as of December 31, 2016 – 1.8%. Now the group has some 29.013 million ADR of the nickel company, having sold over 21.181 million.

Nornickel’s largest shareholders are Interros (30.3%), Rusal (27.8%), Crispian Investments (4.95%) and Metalloinvest. (Ukrainian metal)

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