19th Oct 2009 13:30
SHAREHOLDER NOTIFICATION
Rambler Media Limited (RMG.LN) ("Rambler" or the "Group"), the operator of one of Russia's most popular internet brands, has today been notified by fax dated 16 October 2009 that Capital Research and Management Company ("CRMC") have decreased their indirect shareholding in Rambler Media from 828,497 Ordinary Shares or 5.4% of the Company's issued ordinary share capital to 339,747 shares, below 3% of Rambler's issued ordinary share capital. The change in shareholding was effected on 15 October 2009. On Friday 16 October 2009, the Rambler share closed at US$4.25, up 16% from US$3.67, the previous Friday.
CRMC is a U.S.-based investment adviser that manages The American Funds family of mutual funds. CRMC does not own shares of the companies it invests in for its own accounts. Rather, the shares reported in this notification are owned by mutual funds under the discretionary investment management of CRMC.
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For further information, please visit www.ramblermedia.com or contact:
| Rambler Media | Shared Value Limited | ||||||
| Konstantin Vorontsov | Nicolas Duperrier | ||||||
| Marina Anisimova | Mark Walter | ||||||
| Tel. +7 495 745 3619 | Tel. +44 (0) 20 7321 5010 | ||||||
| ING Wholesale Banking | |||||||
| Daniel Friedman | |||||||
| Tel. +44 (0) 20 7767 1000 |
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ABOUT RAMBLER MEDIA
Rambler Media is an internet media and services group which operates or has interests in leading Russian language internet brands including the Russian open portal 'Rambler.ru', on-line newspaper 'Lenta.ru', product comparison website 'Price.ru', internet catalogue and navigation system 'Top 100' and contextual advertising company 'Begun'. Rambler Media's shares are traded on AIM, the junior market of the London Stock Exchange under the symbol 'RMG'.
For more information on Rambler Media, visit our corporate website at www.ramblermedia.com.
Copyright Business Wire 2009
Related Shares:
RMG.L