Antanta Capital Conquers RTS Board Rating
OREANDA-NEWS. January 28, 2008. Based on FY07 results, Antanta Capital LLC, which is part of AntantaPioglobal Investment Group, has been rated # 1 in terms of the number of stocks proposed for listing on the RTS Board of OJSC Russian Trading System, Antanta' press service reported. Antanta Capital proposed 70 stocks, i.e. 20.65% of the total number of applications submitted to this trading platform. In 2007, 370 new securities of 283 issuers were listed on the RTS Board, of which 339 stocks of 256 issuers were proposed by 56 other RTS Board participants.
Commenting on the results, AntantaPioglobal General Director Evgeny Kogan said: “The acknowledgment of our leadership on the small- and mid-cap stock market came as no surprise. We have always been committed to rolling out the second-tier equity market, as we are confident that this segment is the path to the future for the Russian stock market. The RTS rating vindicates our efforts. I would like to thank the team of our Investment Group for their hard work and hopefully the company will retain its leadership position on the MidCap market moving forward.”
RTS Board is an information system of indicative quotation of securities (shares, bonds, mutual fund units) not admitted to trading on the RTS. RTS Board is a highly effective vehicle for initially raising stock liquidity. The System targets drawing investor attention to promising securities. At present, instruments listed for trading on the RTS Board number over 1,600 securities of 1,217 issuers. RTS Board participants include over 250 largest banks and investment companies. Stocks listed on the RTS Board do not trade on the open market. The RTS Board’s stock valuations are not recognized by the market, while market prices and market caps for such stocks are not quantifed.
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