Public Joint Stock Company TransContainer ("TransContainer" or the "Company") (LSE: TRCN) announces that on 18 February 2015, its Board of Directors approved in principle the disposal of the Company's entire 50% equity stake in Logistic System Management B.V. to JSC National Company Kazakhstan Temir Zholy ("KTZ"). Logistic System Management B.V. controls 100% of the share capital of JSC Kedentransservice, a leading Kazakhstan rail container and terminal operator. As a result of this transaction, KTZ's ownership in Logistic System Management B.V. will increase to 100% from 50% subject to receiving all necessary corporate and government approvals.
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Tony Friend / Galyna Kulachek/ Jenny Payne +44 (0) 20 7457 2020