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BRIEF-VTB Group raises stake in Hals-Development to 96.44 pct
January 22, 2015 / 7:07 AM / 3 years ago

BRIEF-VTB Group raises stake in Hals-Development to 96.44 pct

Jan 22 (Reuters) - Hals-Development OAO :

* Says on Dec. 9 VTB Bank through Bank of Moscow increased its indirect stake in company to 45.2 pct from 42.27 pct

* Says direct VTB Bank’s stake remained at 51.24 pct and as result total VTB bank’s stake in company increased to 96.44 pct from 93.51 pct

* The stake has been raised as result of Bank of Moscow's mandatory offer for Hals-Development's shares Source text: bit.ly/1BgxTOU Further company coverage: (Gdynia Newsroom)

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