RAMBLER NEWS SERVICE. Bank Globex and Vnesheconombank would pull out of Russian rating agency RAEX (Expert RA), RAEX general director Sergei Tishchenko said on Monday.
"It is evident that Bank Globex has taken measures to divest its stake. Relevant registration procedures are under way, they haven't yet completed, and RAEX, as a joint stock company, still has no excerpt from the register… This will take around ten days. Therefore I, as the agency's general director, can say that Bank Globex will not be on the list of shareholders," Tishchenko emphasized.
"Prior to this VEB also sold its holding. VEB and Bank Globex will therefore stop being the company's shareholders," he added.
The total stake held by VEB's entities and Bank Globex in Expert RA was equal to 49.5%, the agency's representatives said.
After the additional share issue roughly 40% of Expert RA's charter capital will be in the hands of private investors, which take part in the additional share issue, 26% will go to the agency's founder Dmitry Grishankov, 9.9% to Ingosstrakh, and 25% to new shareholders who participate in the additional share issue.
