IN BRIEF: Barings Emerging sells Russian holding for $670,000

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Barings Emerging EMEA Opportunities PLC - Leeds, England-based investor backing equity securities listed or traded in Eastern Europe, the Middle East and Africa - Sells its holding in TCS, a Russian depositary receipt, for $669,834. Based on the most recent net asset value, this would represent approximately 0.7% of the company. Reiterates that it ‘remains focused on how best shareholder value can be preserved, created and realised in relation to the holdings of Russian assets.’

Current stock price: 506.40 pence

12-month change: down 9.3%

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