Moscow, February 7th, 2017. The sale of the Kalashnikov Group shares to Andrey Bokarev and Alexey Krivoruchko was put forward to the consideration of the Supervisory Board with the approval of the Management Board of the State Corporation Rostec.
It is noted that the quantity of the securities to be sold is 26% minus one share.
“In case the process is approved, the share of private investors in the Kalashnikov Group share capital will increase to 75% minus one share. The State Corporation will reserve a blocking stake of 25% plus one share”, said the CEO of the State Corporation Rostec Sergey Chemezov.
According to the representatives of the State Corporation, the Rostec development strategy 2025 envisages that the private investors will be attracted to various assets. The State Corporation currently owns 51% of the Kalashnikov shares. Bokarev and the Kalashnikov Group CEO Krivoruchko retain 49% of shares bought in 2014 for 1.3 billion rubles.