Fix Price co-founder Artem Khachatryan sold his stake in the company for $1 billion and resigned from the board of directors. Participation was 35.2%; almost all shares were bought by another co-founder, Sergei Lomakin.
Fix Price co-founder Artem Khachatryan sold his entire stake in the company and resigned from the board of directors. This is stated in the company’s report to the London Stock Exchange.
Khachatryan owned 35.2% of Fix Price’s capital. 34.2% was bought by another co-founder of the company, Sergei Lomakin, and another 1% was bought by the general director of the chain of stores, Dmitry Kirsanov.
Lomakin bought 290.5 million shares at $3.41 per share, Kirsanov bought 8.5 million shares at $2.94 per share. For the sale of his stake, Khachatryan received $1,015 million and 27.5% of Fix Price’s shares are free float.
In November, Fix Price shareholders approved the company’s redomiciliation from Cyprus to Kazakhstan.
Author:
Kirill Bilyk
Source: RB
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