ICT Holding News
Cyprus Court Lifts Freeze on Nesis Assets in Wagon-Maker Case
Limassol court lifted the freeze of the 8 billion rubles assets of billionaire Alexander Nesis’ ICT Holding and ICT Group, according to statement from group’s press service.
Cypriot court lifts a temporary freeze order over 8 billion Rubles’ worth of assets owned by ICT Holding Ltd. and ICT GROUP Ltd.
October 26, 2020. The company hereby announces that the District Court of Limassol has annulled its temporary freeze order over 8 billion Rubles’ worth of assets, issued in May, 2020 in connection with a law suit filed by Unified Wagon Company controlled by TRUST Bank.
RAEX Rating Agency upgrades ICT Holding’s rating from ruA- to ruA
RAEX Rating Agency (Expert RA) upgraded its long-term credit rating of ICT Holding Ltd (ICT) from ruA- to ruA, with stable outlook.
Sales of a 4% stake in Polymetal International plc
ICT Holding Ltd announces successful placement of a 4% stake in Polymetal International plc.
Sale of a 9.33% stake in UWC
ICT Holding Ltd (ICT) has sold a 9.33% stake in United Wagon Company and reduced its shares to 0%
ICT Group buys another 1.5% of Polymetal
ICT Group, which is controlled by Alexander Nesis, has increased its stake in Polymetal by 7,104,530 shares or 1.51% of current charter capital, the Russian gold and silver miner reported
ICT Holding increased its stake in East Mining Company to 45%
ICT Holding Ltd. (ICT) has increased its stake in thermal coal mining company EMCO Ltd. up to 45%
Moody's rating of ICT was withdrawn by its own business decision
Moody's Investors Service, ("Moody's") has today withdrawn corporate family rating of ICT Holding Ltd. (ICT), previously assigned by Moody's Investors Service ("Moody's"), by ICT’s initiative due to company’s business reasons.
Moody's reassured credit rating to ICT Holding Ltd
Moody's Investors Service has reassured B1 corporate family rating (CFR) and B1-PD probability of default rating (PDR) to ICT Holding Ltd. (ICT).
The outlook on the ratings is stable.