27 September 2011
Alfa Capital Holdings Ltd (Cyprus) acquired 31.8 mln shares of Regal Petroleum (LSE: RPT LN, N/R), representing a 9.92% stake, according to an announcement on the LSE on Monday. Antonina Davydenko: The stake makes Alfa Capital Regal’s second largest shareholder, but we do not expect them to significantly increase its stake further as Smart Holding (via Energees Management) has acquired a 54% stake in Regal Petroleum since March. A similar investment banking buy-in took place in June when VTB Capital bought a 6.4% stake in LSE-listed Ukrainian E&P peer JKX Oil & Gas (LSE: JKX LN, N/R).