Novatek OAO Increases Stake In Nortgas To 50%

Tuesday, 25 Jun 2013 03:00am EDT 

OAO Novatek announced that its equity stake in ZAO Nortgas (Nortgas) increased from 49% to 50% as a result of an additional issue of shares. The per share purchase price of the additional stake is in line with the price paid for the 49% stake in Nortgas acquired earlier.