RDIF and Leading Middle Eastern and Asian Funds Invest in En+ Group London and Moscow IPO
Nov. 3 -- The Russian Direct Investment Fund (RDIF), the sovereign wealth fund of Russia, as part of a consortium with leading sovereign wealth funds of the Middle East and Asia-Pacific Region, have participated in the Initial Public Offering (IPO) of En+ Group plc, a leading international vertically integrated aluminium and power producer.
The conditional trading of global depositary receipts on the London Stock Exchange commences today.
Kirill Dmitriev, CEO of the Russian Direct Investment Fund (RDIF), said:
"We, and our international partners, recognize the success of the En+ Group business model. It is important to note that the placement of securities attracted a wide range of respected global investors, confirming the appeal of Russian assets. As new shareholders, we look forward to continued growth of En+ Group and the further strengthening of its position in the Russian and world markets. "