Ordinary Shares of KTC Start Trading on RTS Stock Exchange
OREANDA-NEWS. May 11, 2010. As of May 7, 2010 the following securities will start trading on RTS Stock Exchange within the Quotation list V:
Ordinary registered shares of OJSC "Kuzbasskaya Toplivnaya Company" (state registration number 1-02-11330-F as of December 28, 2009), RTS Classica ticker – KBTK, T+0 Market ticker – KBTKG.
The following starting prices for the first trading day and price limits for orders were set:
For KBTK – USD6.5 (price limits +/- 50%);
For KBTKG – RUB196.93 (price limits +/- 50%).
In accordance with the Rules of admission of securities to trading on RTS Stock Exchange (see Clause 5.4, Article 5) an issuer is to enter into an agreement with a market maker for its securities to be included into the quotation list V.
For these securities Troika Dialog will be acting as the market maker.
RTS Classica is the oldest organized stock market in
Trading on the RTS T+0 Market is held on the basis of anonymous trading of Order-Driven Market using a "Delivery Versus Payment" technology with 100% advance depositing of assets.
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