Directors Deals 

Abramovich and Evraz directors sell off second big stake

Abramovich and Evraz directors sell off second big stake

In the words of Yogi Berra, it’s déjà vu all over again. Russian steel major Evraz’s (EVR) largest shareholder, Roman Abramovich, its chairman and chief executive have together sold 1.7 per cent of the company’s total stock, worth almost £160m, via an accelerated bookbuild. This is the second major sale by this group this year, with the first in March worth £151m, as the steelmaker’s share price reached new highs.

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