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Gazprom's ADRs at the Moscow Exchange

17th Feb 2014 15:42

RNS Number : 2652A
OAO Gazprom
17 February 2014
 



 

 

 

RELEASE

17.02.2014

Trading in American Depositary Receipts representing Gazprom's shares starts at Moscow Exchange

Trading in American Depositary Receipts (ADRs) representing Gazprom's shares started today at the Moscow Exchange.

Listing of Gazprom's ADRs at a Russian stock exchange assures higher demand for these securities and, consequently, the Company's shares. It is another milestone of Gazprom's consistent efforts aimed at increasing the liquidity and price of the Company's securities.

Background

On February 12, 2014 American Depositary Receipts (ADRs) issued against Gazprom's shares were quoted on the List of Securities Admitted to Trading on MICEX (a part of the Moscow Exchange). Professional participants of the Russian securities market were permitted to deal with ADRs based on REPO terms. The Bank of New York Mellon acts as a depository for Gazprom's ADR Program.

 

Information Directorate, OAO Gazprom

 

 

 

 

 

 

 

 

 

__________________________________________________________________________

Media

 

+7 495 719-10-77

+7 495 719-49-37

+7 495 719-47-36

+7 495 719-28-01

[email protected]

Investment Community

 

+7 495 719-34-83

[email protected]

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
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