OREANDA-NEWS. May 11, 2011. Effective May 10, 2011 preferred shares of Udmyrtneft  (RTS Classica ticker – UDMNP, RTS Tplus0 Market ticker – UDMNPG) will stop trading in OJSC RTS, due to the issuer’s notice on state registration of the report on the results of the preferred shares issue (state registration number 2?02?00306-A as of March 24, 2011) placed by conversion into the shares of the same category (type) with different rights.

RTS Classica is the oldest organized stock market in Russia – trading was opened on July 5, 1995. The prices that are discovered on RTS Classica are a well-acknowledged guideline for the investors who trade in Russian shares and depositary receipts representing them. RTS market data is transmitted to a large number of clients in Russia and abroad and is a basis for calculation of the main benchmark of the Russian stock market – RTS Index.

Trading on the RTS Tplus0 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.