# EVRAZ plc Completion of sale of existing shares

- Link: https://www.directorstalkinterviews.com/evraz-plc-completion-of-sale-of-existing-shares/412769891
- Published: 2019-03-19T07:51:05+00:00
- Author: Charlotte Edwards

**EVRAZ plc** (LONEVR) announced that Greenleas International Holdings Ltd., Abiglaze
Limited, Crosland Global Limited and Toshi Holdings Ltd., have notified EVRAZ of
successful completion of sale of 25.4 million existing ordinary shares of the Company,
representing approximately 1.8% of the total number of voting rights attaching to
the ordinary shares of the Company.

The Placing was priced at 595 pence per ordinary share.

11,493,500 ordinary shares of the Company, representing approximately 0.8% of the
total number of voting rights attaching to the ordinary shares of the Company, were
sold by Greenleas International Holdings Ltd.; 8,470,900 ordinary shares of the 
Company, representing approximately 0.6% of the total number of voting rights attaching
to the ordinary shares of the Company, were sold by Abiglaze Limited; 4,229,100 
ordinary shares of the Company, representing approximately 0.3% of the total number
of voting rights attaching to the ordinary shares of the Company, were sold by Crosland
Global Limited and 1,206,500 ordinary shares of the Company, representing approximately
0.1% of the total number of voting rights attaching to the ordinary shares of the
Company, were sold by Toshi Holdings Ltd.

Mr. Roman Abramovich has an indirect economic interest in the shares of the Company
held by Greenleas International Holdings Ltd.; Mr. Alexander Abramov, Non-Executive
Chairman of the Company, has an indirect economic interest in the shares of the 
Company held by Abiglaze Limited; Mr. Alexander Frolov, Chief Executive Officer 
of the Company, has an indirect economic interest in the shares of the Company held
by Crosland Global Limited; and Mr. Eugene Shvidler, Non-Executive Director of the
Company, has an indirect economic interest in the shares of the Company held by 
Toshi Holdings Ltd.

Following completion of the Placing, the Sellers will be subject to a lock-up of
60 days, with customary exceptions, in respect of their remaining shareholding in
the Company. Following the Placing, Greenleas International Holdings Ltd., Abiglaze
Limited, Crosland Global Limited, and Toshi Holdings Ltd. will continue to hold 
approximately 29.7%, 20.1%, 10.0%, 2.9% of the total number of voting rights attaching
to the ordinary shares of the Company respectively.

Citigroup Global Markets Limited, Credit Suisse Securities (Europe) Limited and 
UBS Europe SE acted as the Joint Global Coordinators and Joint Bookrunners in respect
of the Placing.

EVRAZ is not a party to the transaction and will not receive any proceeds from the
Placing.

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