Offering of depositary receipts by Alliance Bank and Kazakhstan Kagazy were included to the number of large floatations of this year in EEMEA region
24.12.07 12:39
/INTERFAX-AFI, Moscow, December 21, 07/ - The leader by volume of
trades with depositary receipts (DR) on shares in the region of Eastern
Europe, Near East and Africa (EEMEA) by results of year 2007 had become
Gazprom OJSC - more than $113 bn., is informed in the annual report of
Bank of New York Mellon.
At that in year 2006 sum of deals with DR of company made $69 bn. (growth
by more than 500%), which was the second in size indicator in the world after
LUKOIL OJSC, volume of operations with DR of which made $74 bn. (growth
by 128%). In year 2007 both companies are taken not the first positions in
world list of more traded DR.
Total volume of deals with DR in the EEMEA region in the current year
exceeded $510 bn., which is by 46% higher than indicator for last year. To the
number of most actively traded securities of the region are included also DR
of LUKOIL, MSC Norilskiy Nicel, Vympelkom OJSC and Mobile Telesystems
OJSC. In other countries of EEMEA the leaders in volumes of operations had
become DR of South-African companies Gold Fields, AngloGold Ashanti
and Harmony Gold Mining, and also Israeli Teva Pharmaceuticals.
This year companies of region held 34 deals for borrowing of funds by
offering of DR for amount of $19.3 bn. In particular, VTB bank in May during
initial offering of shares (IPO) received about $8.8 bn. in general and $5.2 bn.
by account of selling of receipts on London stock exchange (LSE). It was the
second in size offering of DR for the whole history.
Among big offerings of this year in report of Bank of New York Mellon are
also noted offerings of securities by Russian отмечаются AFI Development,
Uralkaliy OJSC, Magnitogorskiy metallurgic combine OJSC, and also
Kazakhstan Alliance Bank and Kazakhstan Kagazy.
Two country's indices of DR, which had showed best results in the world, are
coming for EEMEA region. These are Russian and Turkish indicators, which
demonstrated yield in size of more than 100% for past year.
Leaders among separate companies, also having showed the growth by more
than 100%, were Mechel, Vympelkom and largest Turkish connection
operator Turkcell.
[2007-12-24]