MOSCOW, January 15. /TASS/. The price of global depositary receipts (GDR) of Globaltrans grew by more than 8% on Moscow Exchange during Monday trading, according to trading data. The price of GDRs increased following reports that Aqniet Capital LLP investment company owned by Kairat Itemgenov, a Kazakh entrepreneur, has purchased 26.19% of shares of the Russian railroad operator 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%.

As of 10:14 a.m. Moscow time (07:14 a.m. GMT) Globaltrans’ GDRs were up by 8.1% at 746.4 rubles per share. By 12:17 p.m. (09:17 a.m. GMT) the company’s GDRs had narrowed gains to 5.65% trading at 729.45 rubles per share.

Aqniet 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). The Kazakh company also informed Globaltrans that it had 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.

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