Head of Templeton EM Group is thankful to Putin for support of BP-TNK’s minority shareholders

The British Templeton Emerging Markets Group, headed by Mark Mobius is thankful to Russian President Vladimir Putin for his support of BP-TNK’s minority shareholders on issue of price of shares buyback by Rosneft, expressed last week, the agency Bloomberg reports, referring to email message of Mobius.

Templeton has repeatedly expressed its anxiety concerning the fate of the BP-TNK minority shareholders after the purchase of the company by Rosneft. Last week, a representative of Templeton Artem Litvinov during the forum of VTB Capital directly addressed to President Vladimir Putin a complaint about Rosneft’s actions and stated that the fund considered the offer’s price in the amount of 67 rubles per 1 ordinary and 55 rubles per one preferred share unfair.