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Gazprom — Share Issue/Capital Change 2016
Jul 15, 2016
6359_rns_2016-07-15_75a8f473-f79a-49d5-ad16-a171c78a21a8.html
Share Issue/Capital Change
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RNS Number : 3792E
PJSC Gazprom
15 July 2016
RELEASE
15.07.2016
Gazprom buying out its own shares from Vnesheconombank
Gazprom Group today signed a number of agreements with Vnesheconombank to purchase a block of ordinary shares and ADRs representing Gazprom's ordinary shares that amounts to 3.59 per cent of the Company's equity capital.
«Gazprom's shares are strongly undervalued by the market and have considerable growth potential. This is why we seized the opportunity to buy out a large block of our shares», said Alexey Miller, Chairman of the Gazprom Management Committee.
INFORMATION DIRECTORATE, PJSC GAZPROM
__________________________________________________________________________
Media Investment Community
+7 (495) 719-10-77 +7 (495) 719-34-83
+7 (495) 719-47-36
+7 (495) 719-24-32
+7 (495) 719-28-01
[email protected] [email protected]
This information is provided by RNS
The company news service from the London Stock Exchange
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