GDR En+ Group grow on Masuria after news of a possible reduction in the share of Deripaska


MOSCOW, April 28. /TASS/. Global Depository receipts (GDR) of En+ Group has grown on the Moscow stock exchange at 30.6 per cent as of 13:25 Moscow time, to 395 RUB over the paper. This is evidenced by the auction.

The shares strengthened on news that Oleg Deripaska has agreed to cut stake in En+ Group is below 50% and leave the Board of Directors of En+ Group. Such action may lead to the lifting of U.S. sanctions with Deripaska’s assets, including “RUSAL”. At the same time, on Friday, the representative of the U.S. Treasury Department told TASS that the decrease in the share of Deripaska in En+ will not necessarily lead to the lifting of sanctions against that controlled group company “RUSAL”.

Shares of “RUSAL” on the Moscow stock exchange as of 13:25 Moscow time show growth on 1,6% to level of closing of the previous auction, to 30,35 RUB over the paper.

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