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Provider: Reuters Investment Profile
Provider: Wright Reports
Provider: Investcafe
Provider: Thomson Reuters StreetEvents

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Moskovskaya Birzha MMVB-RTS OAO Places Shares Within IPO-Interfax

Thursday, 14 Feb 2013 10:48pm EST 

Interfax reported that Moskovskaya Birzha MMVB-RTS OAO places shares within the IPO at a price of RUB 55, the Exchange said in a statement. The total amount of placement is RUB 15 billion (as long as during the stabilization period, no shares will be purchased from the market). Trading in shares will start on its own stock exchange trading platform under the ticker MOEX. As a result of placement the volume of shares Moskovskaya Birzha MMVB-RTS OAO in free float will be approximately 30%. Of RUB 15 billion, RUB 9 billion worth of secondary shares belonging to existing shareholders were sold through MICEX (Cyprus) Limited, and RUB 6 billion worth of primary shares were sold through LLC MICEX-Finance. 

Company Quote

3 Apr 2013