Aeroflot Receives Permission for International Depositary Receipt
OREANDA-NEWS. December 20, 2013. Aeroflot Group (the "Group", Moscow Exchange ticker: AFLT) announces that that the Financial Markets Service of the Central Bank of Russia ("CBR") 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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