Stock market news

Rostelecom

Rostelecom has consolidated a 100% stake in mobile operating system developer Aurora by exercising its option to buy 25% of the company from Grigory Berezkin's structures. Under the terms of the agreement, the operator could buy the stake for at least ₽606 mln. Market participants estimate the deal at ₽1 bln.

NovaBev Group

Shareholders of NovaBev Group approved dividends for 6 months 2023 in the amount of ₽320 per ordinary share. The last day of purchase of securities to receive dividends is September 28, 2023. Dividend yield may amount to 5.33%.

Cherkizovo Group

Cherkizovo Group's chicken sales for 6 months 2023 amounted to 438.12 thousand tonnes, up 24% year-on-year. Turkey sales decreased by 27% to 27.64 thousand tons. Pork sales increased by 3.8% to 65.8 thousand tons. Meat Processing segment sales increased by 3% to 64.4 thousand tons.

Solidcore Resources

Moscow Exchange will today resume trading in shares of Polymetal. Earlier, the company completed redomiciliation to Kazakhstan and received a primary listing on AIX. However, the accounting of securities on NSD's accounts with foreign accounting institutions currently remains unchanged and implies the impossibility of external transfers, receipt of payments...

Transneft

Board of Directors of Transneft proposed to the shareholders' meeting to make a decision on share split with the ratio of 1:100. Date of the general meeting of shareholders on this issue has not been disclosed by the company yet.

MOEX Group (Moscow Exchange)

Bank of Russia has determined the procedure for the automatic conversion of depositary receipts of quasi-Russian companies in the event that they obtain the status of an international company in a Russian jurisdiction. Procedure will affect only securities the rights to which are accounted for by Russian depositaries. Decisions on redomiciliation to Russia w...

Acron

Acron Group plans to launch potash production at the Talitsky area of the Verkhnekamskoe deposit in 2026. Total investments will amount to $2.7 billion, of which $1.3 billion has already been invested. Initially, production was planned to start in 2021 and reach its design capacity of 2 million tons by mid-2023.

Solidcore Resources

Polymetal reduced its stake in the Veduga project from 59.44% to 49.99%. According to the Unified State Register of Legal Entities, 9.46% went to Parus Msk. Its owners are hidden. As explained by the representative of the project operator, this is part of the deal to restructure VTB's stake in Veduga. Bank owns 40.55% of the project, which Polymetal was goin...

Sberbank

Marketplace Sber Eapteka plans to launch a service for online sales of medicines in installments. Launch of the project will make it possible to occupy a free niche in the market, since other sites offer such a service only for dietary supplements and not for medicines.

O'Key Group

O'Key Group's IFRS loss for 6 months of 2023 was ₽2.977 billion, against a profit of ₽0.576 billion in the previous year. Revenue rose 1.7% to ₽99.478 billion against ₽97.8041 billion a year earlier.