Brief: IRC Says Co Entered Share Retention Agreement With Gazprombank & Petropavlovsk
July 1 (Reuters) - IRC Ltd 1029.HK :
* ON JUNE 28, CO ENTERED INTO A SHARE RETENTION AGREEMENT
WITH
GAZPROMBANK AND PETROPAVLOVSK
* AS LONG AS GAZPROMBANK FACILITIES OR ANY SUM THEREUNDER IS
OUTSTANDING, PETROPAVLOVSK MUST RETAIN AT LEAST 20% DIRECT OR
INDIRECT INTEREST IN CO
Source text for Eikon: urn:newsml:reuters.com:*:nHKS75ZCJV
Further company coverage: 1029.HK
((Reuters.Briefs@thomsonreuters.com;))
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