Rus News Journal

From actions Norilsk nickel are removed obespechitelnye measures

Court of Nevis has cancelled definition about acceptance obespechitelnyh the measures, taken out under the petition Rusala on February, 3rd, 2011 concerning actions GMK Norilsk nickel being on balance offshore daughters Nornikelja Corbiere. This decision did not allow to finish the program buy - back, and also forbade voting by actions GMK at extraordinary general meeting of shareholders on March, 11th, 2011.
company Corbiere Holdings entering into group GMK " informs on it; Norilsk nickel . As a result of taken out decision Corbiere can finish realisation of the program of acquisition of actions and vote under the got actions, including in the form of ADR. According to the taken out definition Rusal should compensate Corbiere the losses suffered owing to acceptance obespechitelnyh of measures, and to pay its legal cost.

the Company Rusal has declared that it is extremely anxious by extremely strange circumstances in which it has been called and passed the given judicial session, and does not exclude the appeal as soon as the decision will be received in written form. Rusal on - former considers that offshore companies Corbiere and Raleigh have not the right to vote the actions GMK Norilsk nickel as it strengthens illegal actual control of a group of persons as a part of management Nornikelja and Interros to the detriment of interests of all shareholders GMK, transfers on February, 28th the PRIME - TASS.