> Daily news > DCC doesnt own 31.7924% of MRSKs shares, Accord Invest says

DCC doesnt own 31.7924% of MRSKs shares, Accord Invest says


27.05.2008. : public
Deposit Clearing Company (DCC) is one of this companys large nominee shareholders that takes part in RTS trading, says Accord Invests Deputy GD Konstantin Selyanin.



The stock of ordinary shares of Urals Interregional Network Company (MRSK) owned by Deposit and Corporate Technologies has recently dropped from 100% to 51.51%, while DCC acquired a 31.7924% shareholding on May 26, 2008.


Its obvious, though, that in this case its not DCC that owns these 31.7924% of MRSKs shares, these are some other entities, probably the management or key stockholders of MRSK itself. At the same time, DCC can perform certain functions delegated by the immediate shareholders, Konstantin Selyanin notes.