Norges Bank decreases its stake in Cherkizovo Group to 4.89%
The company is the largest vertically integrated meat and feed producer in Russia
Cherkizovo Group (LSE: CHE; MOEX: GCHE), (hereinafter “Cherkizovo”, “the Group” or “the Company”), the largest vertically integrated meat and feed producer in Russia, has announced that it has received a notification from Norges Bank confirming that it has decreased its share in the Company to 4.89%.
As of Dec. 16, 2016, Norges Bank, the central bank of Norway, held 2,148,550 shares in Cherkizovo Group, representing 4.89% of the share capital and voting rights in the Company. Norges Bank previously held a 5.70% stake in Cherkizovo Group.