16
August 2017, Chairman of the Executive Board of PJSC Moscow Exchange
(hereinafter – the Exchange) decided to transfer starting from 18
August 2017 shares of IDGC of Centre, PJSC from the Third tier
section to the Second tier section of the List of securities admitted
to trading on the Exchange. This decision was made in connection with
the submission by IDGC of Centre of the relevant application with the
attachment of supporting documents on compliance with the
requirements of the Listing Rules, including the number of members of
the Board of Directors of IDGC of Centre who meet the independence
criteria established by the Listing Rules.
The return of shares of IDGC of Centre to the quotation list of
securities admitted to trading on Moscow Exchange will help increase
investors’ confidence in the company and positively affect the
liquidity of the shares. IDGC of Centre will continue to work to
raise the level of investment case and improve the corporate
governance system to meet the best Russian and international
standards.
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