Shares of Abrau-Dyurso start trading on MICEX-RTS
On April 11, 2012 shares of OJSC Abrau-Dyurso started trading on the MICEX-RTS Securities market.
The securities were included in the section "Unlisted securities" of the List of securities admitted to trading in CJSC MICEX Stock Exchange with the following parameters:
- type of security – ordinary share;
- state registration number - 1-01-12500-A as of 31.10.2007;
- par value - RUB100;
- number of the securities in the issue – 735,000;
- trading system code – ABRD;
- ISIN code – RU000A0JS5T7.
The first trade in the shares of Abrau-Dyurso was executed at RUB5,201 per share. By 11.00am price of the security amounted to RUB5,321 per share with a market capitalization of the company reaching RUB3.9 billion over its first hour of trading on the Exchange.
Boris Titov, General Director of OJSC Abrau-Dyurso, said: "We offered our securities to the organized stock market in order to obtain the continuous evaluation of the company's market capitalization. And today's first trades demonstrated the effectiveness of our team, appreciation of our brand by investors and positive results of our marketing strategy".
"Arrival of a new issuer on the Exchange is always a remarkable event. We are pleased to congratulate Abrau-Dyurso with an initiation of its own organized stock market history. It is our desire to see larger number of companies like this one".
For further information, please contact the Public Relations Department at (495) 363-3232.