OREANDA-NEWS. March 17, 2011. The Extraordinary General Meeting of the MICEX Shareholders decided to increase the size of the MICEX authorized capital by placing additional common registered shares in exchange for shares in the MICEX SE.

The General meeting determined the number, the nominal value and the category of the authorized shares. As a result, the MICEX will own 100% in the MICEX SE. This will complete the transition of the MICEX Group to a single share.

Considering the negotiations held with the RTS Group on the possible merger of the two exchanges and the planned IPO, the General Meeting of the MICEX Shareholders decided to increase the number of the authorized shares to a size corresponding to the current size of the MICEX authorized capital, which amounts to 1.289.100.000 rubles. Accordingly, the number of the authorized shares that the MICEX will be able to distribute in addition to the outstanding shares will amount to 128.910 common shares with the nominal value of 10.000 rubles each.

The Extraordinary General Meeting approved the execution of interested party transactions, which are to be concluded in the course of placement of additional shares and are subject to approval by the General Meeting of Shareholders.

The General Meeting also determined the circle of persons among which the securities will be distributed. All of them are shareholders in the MICEX SE. Finally, the General Meeting decided to make amendments to the MICEX Charter concerning the authorized shares and the organization of the MICEX internal audit.