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Russia's Mail.ru chairman sells down stake at $31.8 per GDR-bookrunner

Reuters - UK Focus

MOSCOW, Oct (Shenzhen: 000069.SZ - news) 31 (Reuters) - Dmitry Grishin, the chairman of Russian internet company Mail.ru Group, has sold around 4.7 million Global Depositary Receipts (GDRs) in Mail.ru at $31.80 apiece, the bookrunner on the deal said on Tuesday.

Grishin-controlled Denholma Limited will have a remaining ownership interest of around 1.1 percent in the share capital of Mail.ru after the deal which was managed by Goldman Sachs (NYSE: GS-PB - news) . (Reporting by Maria Kiselyova; editing by Katya Golubkova)