“Megaphone” has transferred to its subsidiary 58,87% of the voting shares Mail.ru Group

“Megaphone” has transferred to its subsidiary 58,87% of the voting shares Mail.ru Group

MOSCOW, may 10. /TASS/. Operator “Megaphone” has transferred its 100% owned subsidiary Lefbord Investments Limited shares Mail.ru Group representing of 5.23% economic stake in the company or 58,87% of the voting shares. About it it is spoken in materials of the operator.

The transfer of shares in Internet companies statement structure provided as part of creation “the Megaphone” joint venture with Gazprombank, Rostec and USM Holdings Alisher Usmanov for the development of digital services and projects in the field of digital economy.

“OJSC “MegaFon” transferred to the company Lefbord Investments Limited, 100% owned by OJSC “MegaFon”, 11 500 100 shares of class A company Mail.ru Group Limited by making a contribution to the authorized capital of the company Lefbord Investments Limited”, – stated in the materials of the company.

SP will be created on the basis of JSC “MT technology” (MFT). Now this structure belongs Lefbord. Under the deal, Gazprombank, will purchase Leftbord 35% stake in ITF USM – 9% and rostec – 11%. Following the transaction, Lefbord remains at 45% of the shares. As part of the transaction of 100% shares of the ITF was estimated at $450 million, the Executive Director of “Megaphone” chief Vermishyan told TASS that the parties expect to close the deal in may 2018. After the package is subsidiary of “MegaFon” there’s a 10% economic stake in Mail.ru Group, to sell these securities, the operator is not going to.

Stock Mail.ru Group MegaFon acquired in February 2017: operator has bought 15.2% of the economic shares of the Internet company (or 63.8% of the votes) in the structures of its controlling shareholder USM Holdings Alisher Usmanov for $740 million