OREANDA-NEWS  The Moscow Exchange has included ordinary shares of PJSC Corporate Center X 5 in the "first level" section of the list of securities admitted to trading, the exchange said in a statement.

The decision on this was made on Monday, July 22.

Corporate Center X 5, which manages X5 assets, was transformed into PJSC in early July. The transformation and subsequent listing on the Moscow Stock Exchange are related to the court's decision to suspend the rights of the Dutch X5 Group in this legal entity (in March 2024 it was included in the list of economically significant organizations - EZO).

According to the regulation, organizations from the EZO list must have a public status if the foreign holding company-shareholder is also public (and in the Russian structure directly or indirectly controlled 100% of the votes). GDR X5 was traded on the Moscow Stock Exchange, but due to the start of the process of suspending shipping, trading was suspended.

Currently, the Russian company continues to collect applications from holders of X5 Retail Group N.V. depositary receipts for the distribution of shares of PJSC "Corporate Center X 5". The distribution will be carried out at a rate of 1 to 1. The process is scheduled to be completed in August.

X5 Group operates the Pyaterochka, Perekrestok and Chizhik retail chains. As of March 31, it operated 24,884 stores in various regions of the Russian Federation.