The Moscow Exchange has admitted shares of the Kaluga distillery Kristall to trading on February 26
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Moscow Exchange (MOEX: MOEX) included shares of the Kaluga distillery PJSC Crystal Alcohol Group in the list of securities admitted to trading. This is said in the message trading platform.
The company’s shares will be included in the “Second Level” section of the securities list on February 26. Kristall planned to hold an IPO in 2023, but postponed its entry to the stock exchange first to January and then to February. The company plans to raise 1 billion rubles from investors.
The plant is one of the ten largest producers of strong alcohol in Russia. Kristall supplies its products to 61 regions of the country, as well as to Kazakhstan, Azerbaijan and China.
Read more about the alcohol market in the Kommersant article. “Alcohol groups are blowing water”.
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