MOSCOW (Reuters) - Russia's President Vladimir Putin has cleared the way for Cyprus-registered investment firm Bonum Capital to transact in shares of four Russian groups in which it holds minority stakes, including Gazprom (MCX:GAZP), an order published on Thursday showed.
The order said Putin had issued the clearance as a response to international sanctions.
The U.S. introduced sanctions against Bonum Capital Cyprus last year as part of measures targeting individuals and entities it said were part of a transnational network that procures technology to support Moscow in its conflict with Ukraine.
Bonum can now engage in transactions related to its 24.2 million shares in Gazprom - 0.1% of its capital - and its 10,000 Nornickel shares, 1.3 million InterRAO shares, and 30,530 Lukoil shares, stakes of less than 0.01% in those companies.
Bonum Capital, which according to its website was founded in 2013 in Moscow, did not immediately respond to a request for comment.