OREANDA-NEWS. Sapinda responds to results of Petropavlovsk General Meeting.

We invested in Petropavlovsk because we think Peter Hambro and Pavel Maslovskiy have built a good company with strong prospects. We are currently the largest shareholder in the company and will evaluate our options.

Sapinda is a London-based privately-owned Principal Investment holding company, focused on special situation investment opportunities across continental Europe, Sub-Saharan Africa, the Middle East and Asia.

The investment group was formed in 2009 by a select number of entrepreneurs and prominent high-net-worth families and has since built a selection of core assets across three sectors: Mining, Agriculture and Oil & Gas. Sapinda also invests actively in a number of special situations across other sectors including Real Estate, Technology and Media.