Interros completed the sale of 5,420,464 shares of OJSC MMC Norilsk Nickel to Crispian Investments Limited (Crispian) affiliated with Roman Abramovich (and replacing Millhouse as a party to the transaction) at a price of $160 per share. This transaction is part of the agreement between Interros, Millhouse and RUSAL to settle the situation at Norilsk Nickel.

Under the agreement, Crispian’s total stake in Norilsk Nickel will amount to 5.87%. In addition, the company will have the right to vote with 15% of shares owned by Interros and Rusal held in an escrow account at the agent bank.