Gazprom’s shares included in top quotation list of Moscow Exchange
The Moscow Exchange has included today Gazprom's shares in the First Level of the List of Securities Admitted to Exchange Trading.
The First Level is the top quotation list shaped by the brand new listing rules of the Moscow Exchange, unifying securities which were – until today – a part of Quotation Lists A, Level 1 and Level 2.
Inclusion of Gazprom's shares into the top quotation list expands the range of potential Russian investors in the Company's securities, first of all, through companies managing pension savings and insurance reserves. It is a significant result of Gazprom's consistent efforts aimed at streamlining the corporate governance in the Company.
Gazprom's shares have high liquidity in the Russian stock market.
From December 26, 2013 Gazprom's shares were transferred to the Quotation List A Level 2 in the List of Securities Admitted to Trading on MICEX (part of the Moscow Exchange) with the issue parameters as follows:
- securities – ordinary shares;
- state registration number – 1-02-00028-A dated December 30, 1998;
- nominal value of a share – RUB 5.0;
- number of shares issued – 23,673,512,900;
- stock ticker symbol – GAZP;
- ISIN – RU0007661625.
On June 9, 2014 the new listing rules came into force at the Moscow Exchange. A new list of securities admitted to trading was created. It comprises three sections: the First and the Second Levels that are quotation lists and the Third Level that is a non-quotation list. As a result, the total number of lists of securities admitted to trading on the Moscow Exchange was twice reduced.