Interros hopes for four board seats as Norilsk holds EGM

© RIA Novosti . Ilya Pitalev / Go to the mediabankNorilsk Nickel
Norilsk Nickel - Sputnik International
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Shareholders of Russia's largest nickel maker Norilsk Nickel held an extraordinary meeting on Friday to re-elect its board, with the company saying it would publish results in accordance with legislation.

Shareholders of Russia's largest nickel maker Norilsk Nickel held an extraordinary meeting on Friday to re-elect its board, with the company saying it would publish results in accordance with legislation.

RusAl and Interros, the investment arm of Russian billionaire Vladimir Potanin, have long been fighting for control of Norilsk Nickel. RusAl claims the Norilsk board has been unreasonably dominated by officials linked with Interros after an AGM last summer, where RusAl lost one board seat, while Interros increased its representation.

Interros Deputy General Director Larisa Zelkova told reporters the company hoped to get four seats on the board, adding that Interros also voted for the current Norilsk President Andrei Klishas and two independent directors at the meeting.

RusAl has nominated Alexander Voloshin, Norilsk's previous chairman, to replace current chairman Vasily Titov, who is also a first deputy chairman of VTB bank.

Norilsk said the quorum at the meeting was 93.513% and the meeting's counting commission and experts from the Federal Financial Markets Service were counting votes.

MOSCOW, March 11 (RIA Novosti)

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