JSC VTB Bank: VTB Group sells VTB Capital Inc. in New York, US.

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JSC VTB Bank (VTBR) 
JSC VTB Bank: VTB Group sells VTB Capital Inc. in New York, US. 
 
03-Sep-2018 / 16:24 CET/CEST 
Dissemination of a Regulatory Announcement, transmitted by EQS Group. 
The issuer is solely responsible for the content of this announcement. 
 
VTB Group sells VTB Capital Inc. in New York, US. 
 
VTB Group has agreed a management buy-out of VTB Capital Inc. in New York, 
which will now become an independent company named Xtellus Capital Partners. 
 
There will be no change to VTB product offering or level of client service 
on equity and fixed income markets. VTB Group and Xtellus Capital Partners 
have signed an agreement pursuant to rule 15a-6 that will see Xtellus 
Capital Partners act as a US chaperoning broker for the VTB Group. We 
believe that this arrangement will best allow us to continue to meet the 
needs of our clients. 
 
We believe these changes in the operation platform will allow us to continue 
working with our Russian and international clients in the most efficient 
manner. 
 
ISIN:          US46630Q2021 
Category Code: MSCH 
TIDM:          VTBR 
LEI Code:      253400V1H6ART1UQ0N98 
Sequence No.:  5960 
EQS News ID:   720159 
 
End of Announcement EQS News Service 
 
 

(END) Dow Jones Newswires

September 03, 2018 10:25 ET (14:25 GMT)