Sistema Receives A2 Listing on Moscow Exchange
OREANDA-NEWS. Sistema JSFC ("Sistema") (LSE: SSA), the largest publicly-traded diversified holding company in Russia and the CIS, today announces that it has received official notification from the Moscow Exchange that the Company has met the requirements for a category A2 listing on the exchange and has entered A2 with effect from April 8, 2014. Taking into account the listing reform at the Moscow Exchange, which is due to be held in June 2014, the upgrade from a category B listing to category A2 sees Sistema's shares enter into the highest Moscow Exchange quotation list.
Sistema is the largest publicly-traded diversified holding company in Russia and the CIS, which invests in and is a major shareholder of companies serving over 100 million customers in the sectors of telecommunications, high technology, oil and energy, radars and aerospace, banking, retail, mass-media, tourism and healthcare services. Founded in 1993, the Company reported revenues of USD 35.9 billion for the full year of 2013, and total assets of USD 43.2 billion as at December 31, 2013. Sistema's global depository receipts are listed under the symbol "SSA" on the London Stock Exchange. Sistema's ordinary shares are listed under the symbol "AFKS" on the Moscow Exchange. Sistema was ranked number 308 in the 2013 edition of the Fortune Global 500 list.
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