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Home Oligarchs Russia

Roman Abramovich re-registered his share in Evraz from offshore to himself

Jane Soer by Jane Soer
18/02/2022
in Russia
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Roman Abramovich re-registered his share in Evraz from offshore to himself
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Roman Abramovich became the direct owner of a stake in Evraz. Previously, he owned it indirectly, through Greenleas International Holdings registered offshore. According to the London Stock Exchange, the re-registration was completed on February 16. At the end of last year, Evraz announced the possibility of listing on the Moscow Exchange

Russian billionaire Roman Abramovich, the main owner of the investment company Millhouse, became the direct owner of a stake in the parent structure of Evraz. Previously, he owned it indirectly, through Greenleas International Holdings, according to a message from the London Stock Exchange.

The notice on the exchange’s website states that Abramovich was an indirect holder of 417,767,314 Evraz common shares through Greenleas International Holdings “before these shares were transferred to him and he became their owner directly.” The renewal completion date is February 16, 2022.

Greenleas International Holdings of Roman Aramovich was Evraz’s largest shareholder with a 28.64% stake in voting shares. Alexander Abramov’s company Abiglaze owns 19.32% of the shares, Alexander Frolov’s company Crosland Global owns 9.65%. Greenleas International Holdings is registered offshore in the British Virgin Islands. In early November 2021, the Federal Antimonopoly Service approved Greenleas International Holdings’ petition to acquire 26.74% of PJSC Raspadskaya.

From the message of the exchange it follows that Abramovich himself is registered in the village of Nemchinovo, Odintsovo district, Moscow region. Evraz Group is a metallurgical and mining company with assets in Russia, the USA, Canada, the Czech Republic, and Kazakhstan. Its GDRs are traded on the London Stock Exchange. The company was listed in London in 2005. In November 2021, Nikolai Ivanov, the company’s vice president for finance, admitted the possibility of listing Evraz on the Moscow Exchange.

Tags: Abramovich RomanEvrazoffshore
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