The shareholders of UC Rusal – “ONEXIM” Mikhail Prokhorov and structure of Viktor Vekselberg Lamesa Holding attracted a total of 2.46 billion Hong Kong dollars ($315 million) from the sale of approximately 3% of UC Rusal. About it reports Reuters with a reference to his unit IFR. 456 million shares were placed at a price of 5.4 the Hong Kong dollar, with a discount of 7.5% to the market.
Prior to the announcement of the transaction 3% stake in UC Rusal was worth $ 341 million.
For a transaction set a price range at 5.4-5.55 a Hong Kong dollar per share (discount of 5-7,5% to the market price), the newspaper “Vedomosti”.
On the eve of the sources told RBCthat ONEXIM will sell 0.7 percent stake in UC Rusal, and Lamesa Holding – 2.3% of the shares according to the procedure of accelerated construction of the order book (Accelerated Bookbuilt Offering). The transaction is planned to finish on Wednesday, October 11. Representatives of the “Renova” Vekselberg and ONEXIM, declined to comment. Meanwhile, the company’s shares on the Moscow stock exchange after the announcement of the transaction began to decline and by the close of trading fell to 41.7 rubles (-5,2%).
According to two sources, Vedomosti, Prokhorov will receive half of the difference between the offering price and the price at which the structure Vekselberg and his partners Sual Partners bought shares from UC Rusal ONEXIM, in August. Then Zonoville Investment Vekselberg and his partners bought 7% of UC Rusal for 504 million dollars.
After the sale of the share of ONEXIM, UC Rusal will be reduced to 6%, Sual Partners – to 20.5%.
We will remind, the largest shareholder of RUSAL is Oleg Deripaska, who through En+ controls 48,13%. As it became known, En+ is ready for IPO on the London stock exchange – the transaction will take place in early November. The company wants to place 15% of the shares of approximately $ 1.5 billion. The source of “Vedomosti” sure that the sale of 3% stake in UC Rusal will not affect the location of En+.