Become a Member
  • Track your favourite stocks
  • Create & monitor portfolios
  • Daily portfolio value
Sign Up
Quickpicks
Add shares to your
quickpicks to
display them here!

Inclusion in quotation list of Singapore Exchange

17th Jun 2014 14:05

RNS Number : 8318J
OAO Gazprom
17 June 2014
 



RELEASE

17.06.2014

 

Gazprom's global depositary receipts included in quotation list of Singapore Exchange

 

Today Gazprom's unrestricted American Depositary Shares (the Global Depositary Receipts or the GDRs) were granted an introductory listing and included in the quotation list of the Singapore Exchange.

The listing of Gazprom's GDRs on the Singapore Exchange is a significant result of the Company's efforts to broaden its investor base globally. Investors from the Asia-Pacific region are getting access to Gazprom's remarkable long-term growth. Gazprom is committed to creating long-term value for all its shareholders, and the Singapore listing will positively support the liquidity of Gazprom's shares.

This step aims to bring Gazprom to the ultimate goal of 24-hour trading of the Company's securities on international platforms.

Gazprom's joint corporate brokers Horizon Corporate Finance, JP Morgan, and Gazprombank acted as the financial advisers to the transaction, and Skadden, Arps, Slate, Meagher & Flom together with Allen & Gledhill provided legal advice on the listing. BNY Mellon is the depositary bank for Gazprom's GDR Program.

 

Background

Gazprom views the Asia-Pacific region as a top-priority market with vast development potential. The Company is currently supplying liquefied natural gas to the region. In May 2014 Russia and China signed the biggest supply contract in the entire history of the USSR and Gazprom - over 1 trillion cubic meters of gas will be supplied during a 30-year contractual period.

Gazprom's shares are currently traded on the Moscow Exchange and the Saint Petersburg Exchange, with the Depositary Receipts traded on the London Stock Exchange, the Moscow Exchange, the US OTC market, as well as on the Berlin and Frankfurt Stock Exchanges.

 

 

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
 
END
 
 
MSCFRMJTMBMBBJI

Related Shares:

OGZD.L
FTSE 100 Latest
Value8,699.31
Change14.75