Title for Episode VIII of world’s famous saga ‘Star Wars’ revealedSociety & Culture January 23, 21:19
Russia’s chief negotiator: Astana format gives hope for new level in negotiating processRussian Politics & Diplomacy January 23, 20:52
Astana talks focusing on mechanism of Syria ceasefire observance — oppositionWorld January 23, 20:23
Russia and Turkey hit Islamic State targets near al-Bab in Aleppo provinceWorld January 23, 20:06
Russia’s 4th Yasen-class submarine completes hydraulic testsMilitary & Defense January 23, 18:56
Arctic airport in search for investorsBusiness & Economy January 23, 18:50
Rosneft begins Arctic shelf’s seismological exploration from 2017Business & Economy January 23, 18:38
Tesla takes the lead in sales of electric cars in Russia in 2016Business & Economy January 23, 18:18
Politician says European-style reforms to degrade Ukraine’s economyWorld January 23, 18:16
MOSCOW, June 09. /ITAR-TASS/. The Moscow Exchange has upgraded the shares of MegaFon, one of the country’s leading mobile operators, to the highest quotation list, Level 1, following a recent listing reform, broadening the range of potential investors and improving liquidity, the operator said Monday in a press release.
“We are glad that our shares have been admitted to trading under Level I quotation list on the Moscow Exchange, and believe that this is an important event for our shareholders as the liquidity of our shares will improve,” Dmitry Kononov, director of MegaFon’s investor relations department, said, as cited in the statement.
The MegaFon share listing upgrade has become the third since the company’s initial public offering in November 2012. Common shares were initially admitted to trading under the listing “V”. In August 2013, the company’s common stocks were upgraded to quotation list “B”, and at the end of April 2014 they were once again upgraded to quotation list “A2”.
Holding Garsdale, controlled by Alisher Usmanov’s USM Holdings, owns 50% plus 100 shares in MegaFon; Swedish-Finnish Company TeliaSonera owns 25.17% in the operator; MegaFon Investments Ltd., a Cyprus-registered 100%-owned unit of MegaFon, holds 7.57%. CEO Ivan Tavrin’s Anfimako Ltd. owns 2.55% stake in the operator, while 14.75% of shares are in a free float.