Shares of Polymetal Removed from RTS Indices
OREANDA-NEWS. October 24, 2011. On October 24, 2011, upon the end of the evening clearing session ordinary shares of JSC "Polymetal" will be removed from the constituent lists of the RTS Index, RTS-2 Index and RTS Metals & Mining Index in accordance with recommendation of the RTS Index Committee.
The shares will be taken off due to publication of information on intention of PMTL Holdings Limited, a wholly owned subsidiary of Polymetal International to acquire entire share capital of JSC "Polymetal".
In accordance with the methodologies for calculating the indices new values of the adjusting coefficients Z will be determined.
The restricting coefficient has been reviewed for shares of OJSC MMC "NORILSK NICKEL" and set at 0.1786229, to prevent the shares’ weight in the RTS Metals & Mining Index form exceeding the 30% threshold following the removal of JSC "Polymetal" shares.
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