Stock market news

Magnit

Retailer Magnit increased the number of soft discounters My Price to 1,000 stores. Company started testing a form of soft discounters in 2020. At the moment the network is represented in 645 cities of 64 regions of the Russian Federation. LFL-sales of network My Price in Q1 grew by 28%. Average check increased by 8.9% year-on-year to ₽369.

SmartTechGroup (CarMoney)

CarMoney is listed on the Moscow Exchange. Company Intends to raise up to ₽600 million under the IPO. Seller of the shares will be a specially authorized company, which will offer them with a step-by-step, predetermined increase in the price and volume of each tranche. More detailed parameters of the offering will be announced at a later date. Trading of Car...

Phosagro

PhosAgro plans to increase fertilizer supplies to Kazakhstan to 60,000 tonnes in 2023, an increase of almost 60% year-on-year. Since 2018, PhosAgro-Region has more than tripled its supplies to the country to 38,000 tonnes.

NOVATEK

Novatek is ready to implement the project of Murmansk LNG construction on the resource base of the fields in the south of the Gydan Peninsula. According to Kommersant's estimates, this is about the Geofizicheskoye field, for which the company already in 2017 admitted the possibility of sending gas to the Unified Gas Supply System. Thus, Novatek does not need...

Mobile TeleSystems

Shareholders of Mobile TeleSystems approved dividends for 2022 in the amount of ₽34.29 per ordinary share. The last day of purchase of securities to receive dividends is June 27, 2023. Dividend yield may amount to 10.02%.

Raspadskaya

Raspadskaya and the International Engineering Company of China Coal Science and Engineering Corporation signed a cooperation agreement to conduct joint research, development and implementation of coal mining projects. Representatives of the PRC company will assist in comprehensive modernization of the enterprises, assist in the design, construction and equip...

Tatneft

Tatneft's Board of Directors confirmed its decision to convene a repeat annual general meeting of shareholders on June 30, 2023. Dividend recommendation remains unchanged at ₽27.71 per share.

EvroTrans

Moscow-based fuel company Eurotrans, which operates under the Trassa brand, has announced the launch of an offer to acquire shares in the company as part of the collection of OTC bids. Company intends to sell up to 106 million shares at ₽250 per paper. This brings the company's pre-money to ₽26.5 billion. Bid collection period is expected to last until Novem...

Positive Technologies Group

Positive Technologies and the Agency for the Development of Computer and Other Sports signed a memorandum of intent. Agreements provide for exclusive cooperation in the sphere of cybersecurity, the aim of which is the development of IT-infrastructure of the International Picture Tournament Games of the Future based on the concept of effective cyber defense w...

Whoosh

Kickshare service Whoosh is preparing to launch an electric scooter navigation system, which allows to determine where the scooter is moving without using any reference points, but only using data from the scooter's sensors, wheel speed, direction of movement, and so on. Company is also actively working on geopositioning using Wi-Fi and GSM networks. In the...