KASE's Management Board takes decision on inclusion of A-class ordinary shares NL0009805522 (NL_YNDX) of Yandex N.V in category "standard" of KASE official list's main market

20.03.19 16:57
/KASE, March 20, 2019/ – Following a decision of Kazakhstan Stock Exchange (KASE) Management Board dated March 20, 2019, A-class ordinary shares NL0009805522 of Yandex N.V. (Kingdom of the Netherlands) were included in the category "standard" of KASE official list's main market. The admittance initiator for these shares is Freedom Finance JSC (Almaty). The effective date of said decision of the Management Board will be communicated later as soon as the admittance initiator fulfills terms of item 1 of chapter 5 of appendix 2.3 to KASE's internal document "Listing Rules". Opening of trading in said shares on KASE will also be communicated later. The number of authorized A-class ordinary shares of Yandex N.V. makes up 1,000,000,000 pieces. As of February 11, 2019 286,519,000 ordinary shares were outstanding. Said shares are listed on Nasdaq Global Select Market (NASDAQ). Holders of ordinary shares have the voting right at shareholders' meetings and the right to receiving dividends. Said shares were assigned an abbreviation (ticker) NL_YNDX. Main activities of Yandex N.V. include provision of services of a search engine. Details of said share issuance will be released on KASE website after coming into effect of said decision of the Management Board. [2019-03-20]