Russia's En+ to issue new shares for Glencore after IPO: prospectus

It is not clear if, and to what extent, the issue of new shares may dilute existing shareholdings in En+. Details of how the transaction would be structured were not available in the IPO prospectus, obtained by Reuters, and En+ declined to comment. En+ declined to comment on both the deal with Glencore and the 6.9 percent stake that was transferred to Polina Deripaska. This month, 6.9 percent of En+ was transferred to Polina Deripaska, the document showed.

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