Lenta Completes Moscow Exchange Listing
OREANDA-NEWS. Depository receipts on ordinary shares of Lenta Ltd., one of the largest retail chains in Russia, will begin trading on Moscow Exchange”s Equity Market on 6 March under the ticker LNTA.
Moscow Exchange Deputy CEO Andrei Shemetov commented: “We are pleased to welcome Lenta to Moscow Exchange, and wish the company success on Russia”s public equity market. Market participants and their clients now have access to shares of yet another company in the rapidly growing consumer and retail sector of Russia”s economy.”
Lenta completed its IPO on 28 February, placing 22% of its shareholder equity, or 95,238,000 GDRs. USD 952 mln was raised through the offering.
GDRs representing Lenta ords have the following issue parameters:
Type: depositary receipts from a foreign issuer representing shares
DR issuer: Deutsche Bank Luxembourg S.A.
Represented stock issuer: Lenta Ltd.
Trading code: LNTA
ISIN code: US52634T2006
CFI code: ESVTFA
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