The Bank of non-core assets "Trust" has put up for auction a block of shares of the agency "ACRA"

AK&M 16 August 2022 11:49

The Bank of non-core Assets "Trust" has put up for re-auction a block of shares of JSC "Analytical Credit Rating Agency" (JSC "ACRA").  The size of the package is 111,112 shares, which is 3.69% of the authorized capital of ACRA JSC. This is stated in the message of the RAD.

The auction will be held in the form of a Dutch auction (for a reduction) on October 4, 2022 on the electronic trading platform ETP RAD–Lot-online.
The organizer of the auction and the operator of the ETP is the Russian Auction House (RAD). 

For sale, the package is divided into three lots – 1.23% of the authorized capital of ACRA JSC each.

The initial price of each lot is about 29.4 million rubles.

The minimum price of each lot is about 27.9 million rubles.

Trust Bank of Non—core Assets is a Russian financial institution. It was founded in July 2018 on the basis of PJSC "National Bank "Trust" by consolidating non-core assets of sanitized financial organizations. The bank's activities are aimed at effective asset management in order to improve their health, increase the market value and sell at the maximum price.