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.

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 (Expert RA) upgraded its long-term credit rating of ICT Holding Ltd (ICT) from ruA- to ruA, with stable outlook.

ICT Holding Ltd announces successful placement of a 4% stake in Polymetal International plc.

ICT Holding Ltd (ICT) has sold a 9.33% stake in United Wagon Company and reduced its shares to 0%

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 Ltd. (ICT) has increased its stake in thermal coal mining company EMCO Ltd. up to 45%

Moody's Investors Service, ("Moody's") has today withdrawn corporate family rating of ICT Holding Ltd.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 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.