Rosinter Common Shares Admitted to Trading on RTS
OREANDA-NEWS. On 25 July 2008 OJSC Rosinter Restaurants Holding (Rosinter), the leading casual dining restaurants chain in Russia and the the CIS (RTS: ROST) announced that its ordinary shares have been admitted to trading in the Quotation List 'B' of RTS starting from July 29.
Alexander Roslavtsev, CFO, commented: "Rosinter is the only public restaurant company in Russia and the CIS. Admittance to the quotation list 'B' of RTS is a positive sign, since it provides assurance to the current shareholders and potential investors that our shares and our Company comply with the requirements of RTS on the level of liquidity and Corporate Governance standards for the quotation list 'B'. We believe that this fact will bring additional liquidity to the stock and will make ROST appeal to a broader group of investors".
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