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MICEX-RTS Shareholders Approve New Exchange Name
21.06.2012 08:01 / Interfax
The new MICEX-RTS name is Moscow MICEX-RTS Stock Exchange. The short version is Moscow Stock Exchange.
It was reported earlier that the name was chosen out of 500 versions.
The new stock exchange name reflects the integrated nature of the exchange and the company tradition.
The exchange shareholders also approved the amended Charter, raising the share amount 26 times - to 10 billion.
The Charter also stipulates the announced share amount of 10 billion ordinary shares, par value 1 rouble.
The existing Charter states the amount as 381 million ordinary shares, par value 1 rouble.
MICEX-RTS plans an IPO by mid-2013, expecting a USD 6bn capitalization. The IPO is set to raise some USD 1bn.