News Column

AFK Sistema notice from OJSC REESTR

July 16, 2014

AFK Sistema, which currently owns 84% in Bashneft, announced that it has received notice from OJSC REESTR of restrictions on transactions involving the Bashneft shares owned by Sistema. The restrictions are a part of an investigation initiated by OJSC REESTR that does not limit SistemaÂs voting rights, right to receive dividends or any other shareholder rights. The restrictions are related to an investigation to which Sistema is not party.

For more stories on investments and markets, please see HispanicBusiness' Finance Channel

Source: EMBIN (Emerging Markets Business Information News)

Story Tools Facebook Linkedin Twitter RSS Feed Email Alerts & Newsletters