Банкеръ Weekly

Briefs

LUKOIL TAKES OVER NEFTOCHIM'S PREFERENTIAL SHARES

The transference of LUKoil Neftochim's preferential shares, sold by the Privatisation Agency (PA) two months and a half ago, is expected to begin on Friday (June 22). Then a transaction in only a part of the employees' paper will be effected on the block segment of the Bulgarian Stock Exchange - Sofia (BSE-Sofia). The reason for the postponed transference is the slow handling of depository receipts of 6,500 employees, an expert who knows well the situation, revealed to the BANKER weekly.

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