Tag «shareholding»

Bougainville Copper Limited shareholding

Rio Tinto has today transferred its 53.8 per cent shareholding in Bougainville Copper Limited (BCL) to an independent trustee. Equity Trustees Limited will manage the distribution of these shares between the Autonomous Bougainville Government (ABG) for the benefit of all the Panguna landowners and the people of Bougainville, and the Independent State of Papua New …

Rocket Internet participates in financing round of Global Fashion Group and agrees to contribute its shareholding in two Brazilian e-commerce businesses

Rocket Internet SE (“Rocket Internet”) today announced that it is participating in a EUR 150 million internal financing round in Global Fashion Group (“GFG”). Rocket Internet will invest its pro rata share of the financing round amounting to EUR 37 million and has undertaken to guarantee an additional part of the financing round amounting to …

Rio Tinto maintains its shareholding in Turquoise Hill Resources following rights offer

Rio Tinto has acquired 510,983,220 common shares of Turquoise Hill under Turquoise Hill’s rights offering at a total cost of C$1,292,787,546.60 or C$2.53 per share. The purchase represents approximately 50.8 per cent of the common shares offered under the rights offering. The rights offering, which closed today, was fully subscribed. As noted below, Turquoise Hill …

Disinvestment of 5 percent paid up equity capital of ITDC and 1.02 percent of paid up capital of STC out of Government of India shareholding

The Cabinet Committee on Economic Affairs has approved the disinvestment of 5 percent paid-up equity capital in the India Tourism Development Corporation (ITDC) and 1.02 percent paid-up equity capital in the State Trading Corporation (STC), essentially to make these Central Public Sector Enterprises (CPSEs) compliant to the public shareholding norms under the Securities Contract (Regulation) …