Trading in VK shares on the Moscow Exchange will begin on October 20 – Kommersant

Trading in VK shares on the Moscow Exchange will begin on October 20 – Kommersant

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Moscow Exchange (MOEX: MOEX) will begin trading in VK shares from October 20 (MOEX: VKCO). This was stated in a press release on website trading platform.

The message states that trading is being resumed due to the completion of the conversion of the company’s securities after redomiliation.

Through its subsidiary Mail.Ru Finance, VK also placed Eurobond replacement bonds with a maturity date of October 1, 2025. In total, the company placed 146 bonds at a price of $200 thousand for a total amount of $29.2 million.

Trading in VK global depositary receipts (GDRs) on the Moscow Exchange was stopped on September 19 due to the re-registration of the company. From the British Virgin Islands it moved to Russian jurisdiction on Oktyabrsky Island in the Kaliningrad region. In addition, VK delisted its securities from the London Stock Exchange.

More details in the text “Kommersant” “VK leaves the islands”.

Petr Buzlaev

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