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3 months ago
BRIEF-Russia's Etalon Group says sells 37 mln GDRs at $3.58
May 25, 2017 / 6:18 AM / 3 months ago

BRIEF-Russia's Etalon Group says sells 37 mln GDRs at $3.58

May 25 (Reuters) - Russia's Etalon Group Ltd:

* Says successfully sold 37 million GDRs;

* Says sale was priced at $3.58 per GDR;

* Placing GDRs represent approximately 12.5 percent of the ownership interest in the share capital of the company;

* Following the placing, the free float will increase to approximately 54 percent. Further company coverage: (Reporting by Moscow Newsroom)

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