Trading in Securities of Issuers Held Up
OREANDA-NEWS. On 26 March 2008 was announced, that trading in the following securities on RTS will be suspended:
Ordinary shares of "Astrakhanenergo" J.S.Co (Classic Market Ticker - ASRE, T+0 Market Ticker - ASREG);
Ordinary shares of JSC "Volgogradenergo" (Classic Market Ticker - VGEN, T+0 Market Ticker - VGENG);
Privileged shares of JSC "Volgogradenergo" (Classic Market Ticker - VGENP, T+0 Market Ticker - VGENPG).
Trading in the above-mentioned securities is suspended, due to issuers' information of March 25th, 2008 about submitting a record to the Unified State Registry of Legal Entities on business termination of the above-mentioned companies in connection with their reorganization in the form of joining JSC Interregional Distribution Grid Company of Center.
Rough date of entering changes into the Unified State Registry of Legal Entities – March 31st, 2008.
The RTS Classic market is the oldest organized stock market in Russia – started its work on July 5th 1995. The prices that are being formed on the Classic market are a well-acknowledged guideline for the investors who make deals with Russian shares and depositary receipts for them. Information on trading on RTS is transmitted to a large number of clients in Russia and abroad and is a basis for calculating the main benchmark of the Russian stock market – RTS Index.
Trading on securities on T+0 market of OJSC RTS is held on the basis of anonymous trading of Order-Driven Market via technology "Delivery Versus Payment" with 100% depositing of assets.
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