Denis Frolov is negotiating the sale of 10-15% of Astra

Denis Frolov, the majority shareholder of the Astra Group (who owns 62% of the company, including the repo), is negotiating the sale of 10-15% of the company's shares to the IT holding company T1 in order to repay his personal debts, according to sources from Vedomosti. Company has stated that they do not comment on rumors, but they have confirmed that there is interest from potential investors. Company has a stable financial position, so they do not require financing, but they are interested in strategic partnerships, according to the representative of Astra.