Stock market news

Mobile TeleSystems

MTS has received non-resident bids to buy back 26.25 million shares, or 1.31% of its capital. Company will purchase the entire amount of ₽2.5 billion, and no pro rata allocation will be applied. MTS may also in the future consider various options for structuring the repurchase of shares from the company's shareholders who, for one reason or another, did not...

MOEX Group (Moscow Exchange)

NCC is converting Hong Kong dollars of brokers and their clients into Chinese yuan. "The conversion is carried out due to the closure of NCC's correspondent account in Hong Kong dollars and the forced conversion of Hong Kong dollars into Chinese yuan by the correspondent bank, which makes it impossible for NCC to fulfill its obligations to return collateral...

VSMPO-AVISMA Corporation

Titanium-zirconium subsoil plot "Eastern part of the Tsentralnoye deposit" in the Tambov Region is put up for auction. Minimum one-time payment for subsoil use is ₽1.99 billion. Tsentralnoye deposit is the largest titanium-zirconium deposit in Russia. It was previously developed by VSMPO-AVISMA Corporation.

UGC

Yuzhuralzoloto completed the placement of an additional share issue at ₽0.81 per share and raised ₽8 billion. As a result, the free float ratio increased from 6% to 10.1%, which guarantees inclusion of the shares in the first tier of the Moscow Exchange listing. Funds raised will be primarily used to further reduce the debt burden, the company emphasized.

UK Arsagera

Shareholders of UK Arsagera approved dividends for 2023 in the amount of ₽0.5 per ordinary share. The last day of purchase of securities to receive dividends is July 5, 2024. Dividend yield may amount to 3.87%.

Pre-IPO

Wholesale platform Supl.biz has opened a Series A investment round - this is when an established startup is looking for funding. Project is growing at a good pace, cash flow is positive. Revenue covers all operating expenses. Money is needed for the team to accelerate growth. In the first round, Supl.biz plans to raise ₽50 million for 17% of the company. Thu...

MOEX Group (Moscow Exchange)

At the National Commodity Exchange, the first exchange transactions for the purchase of pork took place. According to the results of the first exchange trades, 52.5 tons of chilled and frozen pork carcasses were purchased at an average price of ₽170 per 1 kg including VAT. Successful purchase of pork at the first auction demonstrates the interest of market p...

Transneft

Transneft's Board of Directors has recommended a dividend of ₽177.2 per preferred share for 2023. Record closure will take place on the 20th day from the date of the resolution to pay the dividend by the annual general meeting. Dividend yield could be as high as 11.37%.

Central Telegraph

Shareholders of Central Telegraph have approved a dividend of ₽0.189 per ordinary share for 2023. dividend of ₽0.189 per ordinary and preference share for 2023. The last day to purchase securities for dividends is June 28, 2024. The dividend yield on the common stock could be 1.29% and on the preferred stock could be 1.91%.

Seligdar

Co-owners of the investment group Russian Funds Sergei Vasiliev and Konstantin Beyrit, who is also the president of Seligdar, have been detained as suspects in the case of businessman Yevgeny Novitsky for embezzlement of NPF funds. As of March 31, 2024, JSC Russian Funds owned 5.65% of Seligdar, while Beirit owned 7.13%.