Member of Lukoil’s Board Subbotin buys the company’s shares for $11.6 million

A member of the Lukoil’s Board, Valery Subbotin has acquired shares of the company to the amount of $11.6 million, the company reported.

Subbotin bought the company’s ADR's (1 ADR = 1 share) by two tranches of 100 thousand units through his associated company Alpemar Overseas Ltd.

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