Fix Price receipts will begin trading on the Astana Stock Exchange; They are scheduled to begin on October 17. This was reported by the company’s press service.
Previously, the retailer announced a change of jurisdiction from Cyprus to Kazakhstan. At the same time, the company maintains its listing on the Moscow and London stock exchanges. Fixed price securities will not be traded on the LSE from 2022. Trading on AIX will begin under the symbol FIXP.Y.
As explained in the press service, listing on the Astana Stock Exchange will contribute to the diversification of the shareholding structure, which will have a positive impact on the liquidity of securities in the future.
The retailer’s statement also notes that in connection with the listing on AIX, the retailer will not issue new securities.
Adapting to continuous market changes, Fix Price has also introduced a new brand identity: Fipi the Hedgehog. He will talk about promotions, sales and other news about retailers in Russia, Kazakhstan, Belarus and Latvia.
Author:
Natalia Gormaleva
Source: RB
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