Aeroflot Permitted for International Depositary Receipt Program
OREANDA-NEWS. Aeroflot Group (the "Group", Moscow Exchange ticker: AFLT) announces that that the Financial Markets Service of the Central Bank of Russia ("CBR") on 12 December 2013 approved the circulation of up to 277,654,074 Aeroflot shares outside of Russia, which represents approximately 25% of Aeroflot's currently issued ordinary shares.
This decision represents an important step towards a potential international listing of Aeroflot depositary receipts on one or several international stock exchanges, which may increase recognition of the Group among international investors.
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