OREANDA-NEWS. September 09, 2011. OJSC PIK-Group (PIK-Group or ?the Company) a leading Russian real estate developer, focusing on large-scale residential projects within the Moscow Metropolitan Area and selected Russian regions, announces the inclusion of its ordinary registered uncertificated shares on the MICEX Quotation List A1, reported the press-centre of PIK-Group.    

The Executive Body of CJSC "Moscow Interbank Currency Exchange" decided to include PIK-Group ordinary registered uncertificated shares (state registration number 1—02-01556-А as of November 10, 1998, ticker symbol PIKK) on the quotation list A1-level, following the completion by the Company of all necessary examinations and requirements for MICEX listing.

PIK-Group shares have been started trading on MICEX since June, 11 2007. December, 20 2007 the Company’s shares were admitted to trading on Quotation List B.

The amount of PIK-Group ordinary shares issued totals 493,260,384 shares, having an individual par value of RUR 62.5. The Company’s GDRs are traded on the London Stock Exchange.

Pavel Poselenov, the President of PIK-Group commented:
The admission of PIK-Group shares to MICEX Quotation List A confirms the stock exchange’s positive perception of our ongoing maintaining the highest standards of corporate governance and reflects the appreciation of our prospects. This decision serves as a recognition of PIK-Group among Russian blue-chip companies, allowing us to increase liquidity and broaden the range of our potential investors.