Disposal of Unistream

RNS Number : 3093K

Aurora Russia Limited

29 December 2015

 



29 December 2015

Aurora Russia Limited (the "Company")

Disposal of Unistream

The Company announced on 22 December 2015 that it had entered into sale arrangements relating to its one residual investment, a minority interest in Unistream Commercial Bank (SC).  The Company expected total proceeds of USD 4.975 million in cash and it was intended that the sale process would be completed by no later than 31 December 2015 (the "Completion Date").

The Company is pleased to announce that the proceeds of USD 4.975 million were received value 29 December 2015 and completion has occurred.

Enquiries:

Aurora Russia Limited

Gilbert Chalk

[phone]

Numis Securities Limited

[phone]

Nominated Adviser: Hugh Jonathan

Corporate Broking: Nathan Brown

 

END

 

 

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