The shares can be held on the Moscow stock exchange
«Aeroflot» to the end of the year could sell about 10% of its shares to the tune of $ 150 million, according to ITAR-TASS the chairman of the board of directors of Kirill Androsov, who is taking part in the Sochi Investment Forum. Read also: MAYOR: “Aeroflot” could be privatized in 2014
He recalled that the presidential decree to reduce the share of state in the “Aeroflot” up to 50% plus one share. Top manager added that left only get a government order.
According Androsova, the company wants to make a large number of retail accommodation and other institutional investors to sell 10% is not in one, and a thousand hands to increase free -float «Aeroflot».
The shares can be held on the Moscow Stock Exchange, said the chairman of the board of directors of the airline. According to him, offering, despite the difficult situation on the market, seems to be appropriate. “We believe that Aeroflot – good company, where such a volume we can find the demand”, – said Androsov.
Now 51.17% of the shares owned Property Management Agency, about 5.6% – “daughter” “Aeroflot”, “Aeroflot-Finance”, 3.55% – state-owned “Rosteh».
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