VTB failed to implement pledged shares of energy companies

VTB failed to implement pledged shares of energy companies


Among the shares that were put up for sale – large stakes in RusHydro, “E. on Russia”, FGC UES, Russian grids, “inter RAO”, “Mosenergo”, “Lenenergo”, as well as minor stakes in other companies.

MOSCOW, 29 Oct. Shares of energy companies, exhibited VTB October 29, did not take place again due to the lack of applications for participation, said on Thursday Moscow exchange.

Previous auction 29 September for the sale of shares of energy companies for 15 billion rubles, VTB is exposed, also did not take place for lack of applications for participation. At auction on Thursday, the price of the lot was reduced by 15%.

“According to information received from the organizer of the auction, the auction on implementation of VTB Bank mortgaged property through a trade organizer on the securities market, scheduled for 29 October, was declared void… due to the lack of applications for participation in the auction”, — stated in the message exchange.

So, VTB plans to sell shares “RusHydro” on to 4.836 billion rubles, “E. on Russia” — 4.9 billion rubles, Federal grid company of 1.168 billion rubles, “Russian grids” — distributed among 1.083 billion, “inter RAO” — 812 million roubles, “Mosenergo” — 552 million rubles, “Lenenergo” — RUR 480 million, and smaller stakes in TGK-1, TGK-2, TGK-14, “Enel Russia”, IDGC of Centre, IDGC of Volga, “IDGC of Centre and Volga region”, “IDGC of Urals”.