November 23, 2017 / 4:51 PM / 25 days ago

BRIEF-Russia's Promsvyazbank approves listing of preferred shares

Nov 23 (Reuters) - Promsvyazbank:

* The board of directors has authorised listing the bank’s preferred shares, which are convertible into ordinary shares, on the Moscow Exchange;

* The listing will help make the shares more attractive to investors and increase transparency, a spokeswoman for Promsvyazbank said. Further company coverage: (Reporting by Moscow Newsroom)

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