FAS clears Abramovich to consolidate 99.6% of Registrator R.O.S.T.

Roman Abramovich will soon secure direct ownership over a company that traditionally renders corporate services to structures with ties to the entrepreneur.

On Thursday, the Russian Federal Anti-Monopoly Service (FAS) gave Abramovich permission to acquire 74.63% of voting shares in OJSC Registrator R.O.S.T.

Together with the shares he already owns, Abramovich will now have 99.63% of the company's votes, the FAS said in a statement.

According to Interfax's SPARK database, Registrator R.O.S.T.'s shareholders are several Cyprus-based companies. Participants on the registrar market say that the company's shareholders were structures belonging to Abramovich.

Registrator R.O.S.T.'s General Director Oleg Zhiznenko told Interfax that "the consolidation of shares into Roman Abramovich's hands will only facilitate the development of our registrar's business."

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