B2B-RTS has announced its intention to conduct an IPO

Largest electronic trading platform, B2B-RTS, has announced its intention to conduct an IPO on the Moscow Exchange. Investors will be offered 11.5% of the platform's shares, which are owned by Sovcombank and financial investors in proportion to their shares. Size of the management package will remain unchanged. Sovcombank will maintain a significant stake in B2B-RTS's capital and continue to participate in the platform's business development. Other details of the IPO have not yet been disclosed.