Severnaya Kazna BOD Chairman Vladimir Frolov cuts down on his share holding

8 June 2007 (13:14)

Severnaya Kazna BOD Chairman Vladimir Frolov reduced his share holding in the bank’s authorized capital from 23.929% to 23.352%, or by .58%. According to the bank’s official website, Severnaya Kazna Insurance Company Ltd. reduced its share holding from 3.602% to 2.602%.

At the same time, the share of Chairman Andrei Volchik in the bank’s authorized capital went up from 7.044% to 7.691%, or by .65%. Prior to this, Mr. Volchik has reduced his share holding twice this year: from 7.995% to 7.044% (or by .951%) on May 4, 2007, and from 10.024% to 7.955% on April 25, 2007. This information was published in accordance with the regulation that a joint stock investment fund must disclose all the facts that could influence its stock price.


Other materials on the topic::