Photo: Dmitry Lebedev / Kommersant
71% of preference shares “Transneft” sold for 169,7 billion rubles on March 22. This package owned by the Fund UCP Ilya Sherbovich, according to “Transneft”. Shares sold to it UCP, sources say “Statements”
March 22 minority shareholders “Transneft” has sold a package of 71% (1,1 million units) preferred shares for 169,7 billion rubles, follows from the data of the Moscow exchange. The deal was OTC. According to “Transneft”, in January 2016 this package owned the Fund UCP. UCP this information is not confirmed, but she called herself a large minority shareholder of “Transneft”.
What the Fund UCP sold his stake, told “Vedomosti” contractor “Transneft” and investment Fund Manager. Who is the buyer, is unknown. The representative of “Transneft” refused to comment on the deal, representative of the UCP did not respond to a request RBC.
On March 22, the day of the transaction, the Agency, by order, to amend the Statute of “Transneft”. Now the amount of dividend payable per preferred share of the company “Transneft” can not be less than the amount paid per ordinary share.
Rosimushchestvo owns 100% of ordinary shares of Transneft (78.1% of the share capital) and preferred shares are distributed among minority shareholders. UCP and other minority shareholders were dissatisfied with the dividends of the company. They believed that the dividends on preference shares should not be less than common, and the basis for the calculation should be the profit of group companies “Transneft”. UCP actively pleaded with Transneft in 2016. The Fund filed five lawsuits against Transneft: two with a demand to provide documents about financial operations in 2014-2015 when the company has missed more than 70 billion rubles, and another two — with the requirement to increase the size of dividends for 2013 and 2015 (for 2015 dividends on preferred shares was also less than for ordinary shares).
In November 2011, UCP and “Transneft” have agreed that the Fund will buy shares, then sell them the monopoly. This was discussed in the document entitled “Conceptual agreement,” it was signed by the owner of the UCP Ilya Sherbovich and the President of “Transneft” Nikolay Tokarev (have RBC). The agreement is genuine, said the representative of the UCP, the representative “Transneft” it was denied.