Stock market news

Mosgorlombard

Company Mosgorlombard raised ₽303 mln in the IPO, having placed about 121.2 mln shares at a price of ₽2.5 per paper. Initially, it had planned to float almost 3 times that amount - 322.58 million securities. All the company during the IPO is valued at ₽3.17 billion, and the free-float will be 14.6%. Raised during the IPO, the company will use the funds to cr...

Mosgorlombard

Board of Directors of Mosgorlombard set the offering price at ₽2.5 per share. Thus, the IPO was held at the lower boundary of the price range of ₽2.5-2.55. Trading in the company's shares will begin today under the ticker MGKL.

Lenta

Lenta opened in hypermarket in Ivanovo second test center, where tastings and research of own-brand products will take place. First one appeared in St. Petersburg in 2022. "There are many answers to the question "what is quality?". For us, we prioritize the opinion of our customers in this matter," noted Lenta's Director of Own Brand Management and Imports A...

Mobile TeleSystems

MTS-owned 5G base station developer Irtea is in talks with a number of Chinese smartphone manufacturers to test devices in the 4.4-4.9 GHz band. Company is betting on Chinese devices, as Western vendors have already limited cooperation with Russian telecom operators to customize the operation of their equipment. But even if Asian gadgets are upgraded to 4.8-...

Rosneft Oil Company

Shareholders of Rosneft Oil Company approved dividends for 9 months 2023 in the amount of ₽30.77 per ordinary share. The last day of purchase of securities to receive dividends is January 10, 2024. Dividend yield may amount to 5.19%.

Territorial Generating Company № 1

TGC-1 sold 60.5% of JSC Teploset of St. Petersburg to SUE Fuel and Energy Complex of St. Petersburg. Amount of the transaction amounted to ₽6 billion with payment in equal installments over 6 years. Stake will be transferred to the new owner after the first payment is made, which is due by March 30, 2024.

Nebius Group

International Joint Stock Company Yandex has been included in the register of participants of the special administrative district on Oktyabrsky Island, Kaliningrad Region. Registration of a new legal entity is necessary to optimize the structure of legal entities of the group of companies, which will take place in the future, explained in the press service o...

X5 Group

Perekryostok retail chain will start accepting direct deliveries of Far Eastern fish as part of the Kamchatka Fish strategic direction. All supermarkets of the Perekryostok chain will be able to offer fresh pink salmon, seabream and caviar caught in the North-East of Russia. In addition, the reduction of the supply chain from Kamchatka fishermen to federal r...

MMC Norilsk Nickel

Rosnedra expects pilot production to start at the two lithium deposits Kolmozerskoye and Polmostundrovskoye in 2024. Kolmozerskoye deposit is being developed by Polar Lithium, a joint venture of Nornickel and Rosatom, and Polmostundrovskoye deposit is being developed by Arctic Lithium.

SmartTechGroup (CarMoney)

CarMoney was the first microfinance company to issue digital financial assets. Placement took place on the Tokeon platform. Amount of the issue amounted to ₽40 million, with a circulation period of three months. Tokens are analogous to bonds with a short maturity and a fixed coupon of 18% per annum.