RNS Number : 5569F
25 April 2014
FOR IMMEDIATE RELEASE
25 April 2014
Notification of Change in Shareholding in JSC TransContainer
On 25 April 2014, JSC TransContainer ("TransContainer") (TRCN) was notified of the acquisition of 1.94% of TransContainer's ordinary shares by CJSC «Management Company «TRANSFINGROUP» on 16 April 2014. As a result of this, CJSC «Management Company «TRANSFINGROUP» held 11.17% of TransContainer's share capital as at 16 April 2014.
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TransContainer (LSE ticker: TRCN) is the leading intermodal container transportation company in Russia. It is the market leader in Russia by flatcar fleet size, container transportation by rail and rail-side container terminal throughput. As of 31 December 2013, it operated 26,305 flatcars and 62,367 containers. It owns a network of 46 rail-side container terminals in Russia, 19 rail-side terminals in Kazakhstan (through its joint venture company KedenTransService) and operates one terminal in Slovakia. Company's sales network comprises approximately 140 sales offices across Russia as well as presence in the CIS, Europe and Asia. TransContainer is listed at Moscow Exchange and LSE. Company's major shareholder is JSC Russian Railways with 50%+2 shares.
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