OREANDA-NEWS Two wholly-owned subsidiaries of Gazprom, the Dutch Gerosgaz Holdings B.V. and Cyprus Rosingaz, completed the collection of applications from investors for the purchase of 2.93% of the parent company. It took place from 10.00 to 17.00 today, July 25. A total of 494 applications were filed totaling 198.9 billion rubles, Gazprom said. Based on quotations for the closing of trading on the Moscow Stock Exchange on Thursday, the market value of such a package is estimated at RUB 154.3 billion.

At what price applications were submitted and for how many shares, Gazprom does not disclose. Oversubscription for the company's shares exceeded 30%.

Usually, when placing applications from investors, the bank underwriter accepts. In this case, they were made by Gazprombank, but the book of applications was formed through the Moscow Exchange. Such a mechanism reserves the right not to disclose information about who exactly submitted the applications and what percentage was received after the placement.