RTS Started Trading in RDR Representing Ordinary Shares of RUSAL Plc
OREANDA-NEWS. December 24, 2010. As of December 24, 2010 OJSC RTS launches trading in following securities within the Quotation list B:
Russian Depositary Receipt (RDR) of Sberbank representing rights on ordinary registered shares of United Company RUSAL Plc (state registration number 5-01-01481-B as of 07.12.2010), RTS Classica Market ticker RUAL.
The following parameters have been set for the first trading day:
starting price is RUB460.0 per 1 RDR which to be converted into US dollars at the exchange rate of the Central bank of the Russian Federation as of 24.12.2010;
price limits are +/- 35%.
In accordance with the Rules of admission of securities to trading on RTS Stock Exchange (see Clause 5.13, Article 5) the issuer has entered into agreements with market makers for its securities to be included into the Quotation list B.
CJSC VTB Capital, Troika Dialog and Renaissance Broker act as market-makers.
RTS Classica is the oldest organized stock market in
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