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]