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Notification of Share Pledge by Directors

20th Feb 2013 15:15

RNS Number : 3209Y
Globaltrans Investment PLC
20 February 2013
 



 

 

For immediate release 20 February 2013

 

 

Globaltrans Investment PLC

 

Notification of Share Pledge by Directors

 

Globaltrans Investment PLC (the "Company" and together with its consolidated subsidiaries "Globaltrans" or the "Group"; LSE ticker GLTR) was notified on 19 February 2013 that Litten Investments Limited ("Litten") beneficially owned by Alexander Eliseev, Chairman of the Board and Non-executive Director of Globaltrans has pledged 3,494,485 ordinary shares constituting 1.96% of the Company's share capital as security in favour of Closed Joint Stock Company UniCredit Bank ("UniCredit Bank").

Alexander Eliseev is a shareholder in the Company with a 2.02% stake beneficially owned through Litten (including the 1.96% pledged to UniCredit Bank) and a 8.80% stake jointly owned through Envesta Investments Limited, which is beneficially owned by Sergey Maltsev, Chief Executive Officer and Executive Director of Globaltrans (51%) and Alexander Eliseev (49%).

 

ENQUIRIES

Globaltrans Investor Relations

Mikhail Perestyuk

+357 25 503 153

[email protected]

 

For international media

Holloway & Associates

Laura Gilbert / Zoe Watt

+44 20 7240 2486

[email protected]

 

LEGAL DISCLAIMER

Some of the information in this announcement may contain projections or other forward-looking statements regarding future events or the future financial performance of Globaltrans. You can identify forward-looking statements by terms such as 'expect', 'believe', 'anticipate', 'estimate', 'intend', 'will', 'could', 'may' or 'might', the negative of such terms or other similar expressions. Globaltrans wishes to caution you that these statements are only predictions and that actual events or results may differ materially. Globaltrans does not intend to update these statements to reflect events and circumstances occurring after the date hereof or to reflect the occurrence of unanticipated events. Many factors could cause the actual results to differ materially from those contained in projections or forward-looking statements of Globaltrans, including, among others, general economic conditions, the competitive environment, risks associated with operating in Russia, rapid technological and market change in the industries Globaltrans operates in, as well as many other risks specifically related to Globaltrans and its operations.

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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