Kazakhstan’s Aqniet to become owner of 31.62% of shares of Russian Globaltrans

Business & Economy January 15, 12:46

Aqniet has acquired 100% of shares owned by Onyx Investments Ltd, 100% of Maple Valley Investments Ltd, and 100% of Goldriver Resources Ltd

MOSCOW, January 15. /TASS/. Aqniet Capital LLP investment company owned by Kairat Itemgenov, a Kazakh entrepreneur, has purchased 26.19% of shares of the Russian railroad operator Globaltrans from three shareholders, as well as entered into an agreement on purchase of a stake from other shareholders, which will enable it to increase the stake to 31.62%, the press service of the Russian company said in a statement.

"Globaltrans Investment PLC today announces that Aqniet Capital LLP, an investment company domiciled and with major business interests in Kazakhstan, <…> has completed the purchase of the entire issued share capital of three of the company’s principal shareholders and now indirectly owns 26.19% of the company’s issued share capital," the statement reads.

Aqniet has acquired 100% of shares owned by Onyx Investments Ltd (beneficially owned by Nikita Mishin), 100% of Maple Valley Investments Ltd (beneficially owned by Konstantin Nikolaev), and 100% of Goldriver Resources Ltd (beneficially owned by Sergey Maltsev).

Moreover, the Kazakh company has also informed Globaltrans that it has signed binding agreements to purchase the entire issued share capital of another of the company’s principal shareholders, namely 100% of Litten Investments Ltd (beneficially owned by Alexander Eliseev) and the shareholding of an unrelated shareholder.

"Therefore, until completion of the ongoing transactions Aqniet will own 26.19% of the company’s issued share capital and control 30.65% of the voting rights in the company. Upon the completion of the ongoing transactions, Aqniet will own in total 31.62% of the company’s issued share capital and have full associated voting rights," Globaltrans said.

Globaltrans Investment PLC is one of leading freight rail transportation groups, which operates via its subsidiaries in Russia and CIS countries.

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