The Moscow Stock Exchange announced the date for the withdrawal of Yandex NV shares from trading and the admission of Yandex MCAO securities to them. Initially, it was planned to start trading in shares of the Russian company Yandex in May, but the admission date was moved to July 8.
Subscribe to RB.RU on Telegram
Shares of the Russian company Yandex will be able to be listed on the Moscow Stock Exchange starting July 8. The securities will be included in the first level of trading, the press service of the trading platform reported.
Trading in Yandex MKAO shares was scheduled to begin on May 15, but the trading start date was brought forward by almost two months.
The Moscow Stock Exchange also announced the date of withdrawal of trading in shares of the Dutch company Yandex NV. They will be excluded from the first level of contributions and will stop contributing on July 10. June 14 will be the last day of trading in securities in T+ mode.
On May 13, Yandex NV filed a request for delisting from the Moscow Stock Exchange.
Author:
Kirill Bilyk
Source: RB

I am a professional journalist and content creator with extensive experience writing for news websites. I currently work as an author at Gadget Onus, where I specialize in covering hot news topics. My written pieces have been published on some of the biggest media outlets around the world, including The Guardian and BBC News.