Prosperity Capital Management third largest shareholder in VimpelCom

According to the Russian business daily Vedomosti (12 November 2012), Prosperity Capital Management owns 14.43 million ADRs in  VimpelCom, worth an estimated USD 171.6 million and equivalent to a voting share of 0.7 per cent in the mobile operator.

As a result, the investment fund is the operator’s third largest shareholder after Altimo (47.85 per cent voting shares) and Telenor (42.95 per cent).

Until the end of July France’s Natixis was the third largest shareholder, only to sell its interest to Altimo. Subsequently Prosperity Capital Management raised its interest.

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