Zoltav, the AIM-listed company focused on acquiring and developing natural resource assets, has announced that, in order to realise investment gains, the company has sold its holdings in three companies.
The firm generated $0.27m from the sale of global depository receipts in Rosneft, $0.26m from the sale of sponsored American depository receipts in Gazprom, and $0.17m from the sale of American depository receipts in Lukoil.
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
-
RICS: homebuyers are returning after stamp duty shockThe housing market has been subdued since stamp duty thresholds dropped in April, but there are signs of a recovery
-
Reducing cash ISA limit will make lending difficult and expensive, warn providersAn open letter from the Building Societies Association has urged the chancellor to keep the cash ISA limit at £20,000. We look at whether a smaller cash ISA allowance will make it harder to get a mortgage or loan
