MOSCOW: Russia's Trust Bank has successfully priced the sale of close to 1.18 trillion shares in state lender VTB Bank at 0.0427 roubles ($0.0006) per ordinary share, one of the deal organisers, Citigroup, said on Wednesday.

Citigroup on Tuesday said Trust Bank was planning to sell its 9.1% stake in VTB via an accelerated book building.