Moscow. the 14 th of July. INTERFAX.RU – Applications for the purchase of the assets of the gold mining company Petropavlovsk were submitted by its largest creditor, the Ural Mining and Metallurgical Company (UMMC), and the main shareholder, Konstantin Strukov, the Kommersant newspaper writes , citing its sources.
According to the interlocutors of the publication, now for Strukov, the purchase of individual assets of Petropavlovsk is an opportunity to partially return his investments. According to Strukov’s Yuzhuralzoloto Group of Companies (UGK), in 2020 it paid $270 million for about 22% of Petropavlovsk shares and convertible bonds. Since then, Petropavlovsk’s quotes have fallen more than tenfold. Now Strukov remains the largest shareholder of Petropavlovsk with a share of about 29%.