Evraz has reported that its key shareholders have changed the structure of the company ownership.
Previously they owned 62.74% in the company through the Cyprus-based Lanebrok Limited, but now their stakes have been transferred to their own companies.
Thus, Roman Abramovich indirectly owns 30.52% of Evraz through Greenleas International Holdings Lt with BVO; Alexander Abramov and Alexander Frolov – 20.92% and 10.45% respectively through Crosland Global Limited (Cyprus) while Alexander Shvindler – 2.97%.
Oleg Petropavlovsky of BKS believes that thus the main owners of Evraz want to save it from the theoretical US sanctions against any of them. Now none of the businessmen has a controlling stake. (Ukrainian metal)