Investment Intelligence provides up-to-date private equity information and news designed for entrepreneurs, private equity investors and corporate acquirors interested in Central & Eastern Europe.

Troika Dialog Files Notification to Acquire Additional Rambler Shares

Just days before being de-listed from London's AIM, Russian media giant Rambler Media received a shareholder notification from Moscow-based Troika Dialog. The notification states Troika's interest in acquiring 466,683 ordinary shares in Rambler, on top of what was purchased a week earlier. The shares represent just over 3% of Rambler's issued ordinary share capital and will be sold for USD 0.01 per share.

Rambler Media (www.ramblermedia.com)
Rambler Media is a holding company founded in 2004 consisting of several leading Russian internet portals including the flagship Rambler.ru search engine. Rambler's different web properties make it one of Russia's largest internet companies with more than 45 million new visitors and two billion page views monthly. Revenues are generated through banner advertising, content advertising, product placement, and e-commerce referral.

The company's more than 500 employees are based at headquarters in Moscow.

Parent company ProfMedia decided to de-list Rambler from the London Stock Exchange's AIM after four years as a public company, a move that was approved at an Extaordinary General Meeting held on Dec. 21, 2009. The de-listing was set to take affect on Dec. 31st.

Troika Dialog (www.troika-dialog.com)
Founded in 1991, Troika Dialog is a privately owned investment bank in Russia providing service in the areas of investment banking, alternative investments, personal wealth and asset management, retail distribution and securities trading. With more than 1,300 employees, Troika operates in 20 Russian cities as well as Almaty, Kyiv, Nicosia, London, and New York.