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Wednesday, September 19, 2007

LUKoil CEO and family boost stakes in oil giant

RBC, 19.09.2007, Moscow 19:22:37.LUKoil President Vagit Alekperov, as well as his spouse Larisa and son Yusuf, have bought a further RUR551,445,290 (approx. USD21.75m) worth of shares in the Russian oil company. According to a LUKoil statement, the company's chief executive has increased his stake in the oil giant from 1.785 to 1.813 percent, having acquired 238,120 shares in a RUR457.6m (approx. USD18.05m) deal registered on September 17. His wife, Larisa Alekperova, purchased 27,000 shares for RUR51,673,950 (approx. USD2.04m), and his son bought 22,000 shares for RUR42,104,700 (approx. USD1.66m).

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