AO UniCredit Bank
Summary:
The first foreign depositary shares issue started being traded on Moscow Exchange.
Tue, 08/10/2013
Today, 8 October 2013, the Moscow Exchange announced the start of trading of the first foreign depositary shares issue. The American Depositary Shares (ADSs) of QIWI plc representing its Class B shares were the first foreign depositary shares admitted to trading on Moscow Exchange. The ADSs are to be traded on the Innovations and Investment Market by direct admission procedure, with the quotation and settlement made in RUB.
Impact on investors: Moscow Exchange admitted to trading for the first time a new type of financial instruments, foreign depository shares.