July 26, 2019 / 8:34 AM / 2 months ago

Russia's Gazprom free float to rise to 46.02% after stake sale

MOSCOW (Reuters) - Russia’s Gazprom said on Friday its subsidiaries had completed the sale of Gazprom’s ordinary shares and its free float would rise to 46.02% as a result.

The company had said on Thursday that subsidiaries Gazprom Gerosgaz Holdings BV and Rosingaz Ltd would offer a combined stake of 693.6 million ordinary Gazprom shares, or 2.92%.

Reporting by Maria Kiselyova; Writing by Anton Kolodyazhnyy; Editing by Edmund Blair

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