The Exchange admitted the common stock of ALROSA to trading on the A2-Level Quotation List starting from April 23.According to MICEX-RTS, the Moscow-based exchange will transfer the common stock of ALROSA (RTS: ALRS) from the A2-Level Quotation List to the A1-Level Quotation List starting from October 2.
In addition, on the same date the A1-Level Quotation List will also include the shares of OAO RusHydro (RTS: HYDR).
The trading in ALROSA stock was launched on MICEX since late last November with a price of 35 rubles per share.
Alexei Uvarov, Department Director at the Ministry of Economic Development and Trade, said last June that 14% of ALROSA shares (7% from the federal package and 7% from the shares held by Yakutia) may be floated on MICEX in 2012.
Interfax