Russian Central Bank approves Aeroflot’s International Depositary Receipt Programme

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By TESTCustomwebLP TESTCustomwebLP December 17, 2013 21:03

Russian Central Bank approves Aeroflot’s International Depositary Receipt Programme

Aeroflot Group has announced that that the Financial Markets Service of the Central Bank of Russia on 12 December 2013 approved the circulation of up to 277,654,074 Aeroflot shares outside of Russia, which represents approximately 25% of Aeroflot’s currently issued ordinary shares.

This decision represents an important step towards a potential international listing of Aeroflot depositary receipts on one or several international stock exchanges, which may increase recognition of the Group among international investors.

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By TESTCustomwebLP TESTCustomwebLP December 17, 2013 21:03
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