January 28, 2019 / 12:41 AM / 4 months ago

BRIEF-Rusal Says En+ Enters Into Securities Exchange Agreements With Glencore Units

Jan 28 (Reuters) - United Company Rusal Plc:

* EN+ ANNOUNCED IT ENTERED INTO A SECURITIES EXCHANGE AGREEMENT AND CERTAIN OTHER RELATED AGREEMENTS WITH CERTAIN SUBSIDIARIES OF GLENCORE PLC

* PURSUANT TO DEAL GLENCORE TO TRANSFER 8.75% OF CO’S SHARES TO EN+ IN CONSIDERATION FOR EN+ ISSUING NEW GDRS TO GLENCORE

* GLENCORE HAS AGREED TO TRANSFER ITS SHARES IN COMPANY TO EN+ IN TWO STAGES Source text for Eikon: Further company coverage:

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