OJSC Cherkizovo Group, one of Russia’s leading integrated and diversified meat producers, has transferd of its shares onto quotation list ‘A 1’ at MICEX.
The Executive Board of MICEX has given the
The company said that this reflects Cherkizovo’s full compliance with the financial and corporate governance requirements necessary for an ‘A 1’ listing on MICEX.
The transfer to list ‘A 1’ is likely to improve liquidity in Cherkizovo shares over time, by expanding the potential investor base to include Russian
The state registration number of the shares issued
Sergey Mikhailov, CEO of Cherkizovo Group, said: «The admission of Cherkizovo’s shares to MICEX Quotation List A 1 is likely to improve liquidity by expanding the potential investor base in the Company. Cherkizovo’s inclusion in the top listing category of MICEX reflects the Group’s continued focus on best practice standards of corporate governance." Cherkizovo’s shares are also listed on the London Stock Exchange (LSE) through GDR’s.