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Biography

Elina Mantrali
Elina Mantrali Harneys front portrait image

Elina Mantrali

Counsel | Cyprus
+357 25 820020 elina.mantrali@harneys.com
Biography

Elina Mantrali is a member of our Tax & Regulatory practice group within the Cyprus office specialising in financial services and data protection regulation. Elina regularly advises clients on regimes governing banks, investment firms, payment services providers / electronic money institutions, investment funds, digital assets, insurance firms, securitisation structures, and fiduciaries. Her financial services practice also includes advising on EU/Cyprus economic sanctions regimes, anti-money laundering and the automatic exchange of tax information. Elina also has in-depth operational experience in matters relating to European data prot ...

Elina Mantrali is a member of our Tax & Regulatory practice group within the Cyprus office specialising in financial services and data protection regulation.

Elina regularly advises clients on regimes governing banks, investment firms, payment services providers / electronic money institutions, investment funds, digital assets, insurance firms, securitisation structures, and fiduciaries. Her financial services practice also includes advising on EU/Cyprus economic sanctions regimes, anti-money laundering and the automatic exchange of tax information.

Elina also has in-depth operational experience in matters relating to European data protection regulation, with a particular interest in international data transfers, vendor management solutions and data protection compliance for emerging technologies. She has a particular interest in the management of customer-facing online products.

Elina is an integral member of our Regulatory team assisting UK/US top tier and magic circle law firms and global investment houses across the full range of regimes impacting financial services and digital business models. She is also a regular contributor to our Regulatory Blog.

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Acting for ROS Agro plc (ROS Agro), a Cypriot company with global depositary receipts (GDRs) admitted to the London Stock Exchange and Moscow Stock Exchange, and its shareholder Granada Capital CY Limited (Granada) on Cypriot law matters pertaining to a secondary public offering by Granada of 19,800,000 GDRs, representing 14.7 per cent of ROS Agro’s issued share capital. The GDRs were sold at a price of USD 13.88 per GDR raising gross proceeds of approximately USD 275 million for Granada. ROS Agro is the holding company of Rusagro Group, a leading Russian diversified agricultural holding with vertically integrated operations in the agriculture, meat, sugar and oil and fat markets. Granada is an investment vehicle controlled by the founder of the Rusagro Group, Mr. Vadim Moshkovich, who continues to serve as the Chairman of the Board of ROS Agro,. J.P. Morgan, UBS and VTB Capital acted as Joint Global Coordinators and Joint Bookrunners and Gazprombank acted as Joint Bookrunner on the deal.

Advising one of the world’s premier investment managers on the bidding process for the potential purchase of a €5.7 billion portfolio of medium and large-size NPL exposures of one of the largest banks in Cyprus.

Acting for and providing advice on Cypriot law matters to The Brink’s Company in connection to its acquisition of the majority of G4S plc’s cash operations for US$860 million.

Advising on the Cyprus law regulatory and tax aspects of the placing and sale of global depository receipts representing interests in class A shares in TCS Group Holding PLC (the parent company of Tinkoff Bank) by Altoville Holdings Limited, the joint-controlling shareholder of Russian consumer lender TCS Group, to raise US$150 million.

Advising Etalon Group PLC on its secondary public offering of ordinary shares, including in the form of global depositary receipts (GDRs) listed on the London Stock Exchange and the Moscow Exchange. The offering consisted of an offering of rights to subscribe for new ordinary shares, including in the form of GDRs, to existing holders of the company’s equity securities, followed by a marketed offering to institutional investors of ordinary shares not taken up during the rights offering in the form of GDRs.

Cyprus
2014

Kings College London (LLB)
2013

Authored by Elina

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