08.10.2004 translated - unedited
05.10.2004?. The federal service on the financial markets has made the decision on registration of Changes ? 10 to the List of the securities, admitted(allowed) to the tenders in Noncommercial partnership " Stock exchange of RTS ". The given changes provide inclusion of ordinary nominal paperless actions(shares) of Open Society " Kostroma state district power station " (? The state registration 41-1-00256 from 11.11.1996?., a face-value 0,5 roubles) in ????????????? the list "And" (the second level). Within the next few days the President of a stock exchange will appoint official date of opening of the tenders under securities of Open Society " Kostroma state district power station " already as included in ????????????? the list "?" (the second level), and actions(shares) since this moment will be freely bought and on sale at a stock exchange.
09.08.2004?. new requirements to emitters and their securities under the admission to the tenders in Noncommercial partnership " Stock exchange of RTS " have come into force. Open Society " Kostroma state district power station " one of the first has passed procedure of listing (set of procedures on inclusion of a valuable paper to one of ????????????? lists of stock exchange) by new, more rigid rules.
For data: to ????????????? to lists "?" (the first level) securities of such joint-stock companies, as ordinary actions(shares) of Open Society of Russian Open Society " UES of Russia ", Open Society NK " YUKOS ", Open Society " Rostelecom " concern; to ????????????? to lists "And" (the second level) - ordinary actions(shares) of Open Society " ????????-Russian airlines ", Open Society " ???????????? ", Open Society " Tatneft ". From among ??-stations and the Joint-stock company - ?????? procedure of listing for today have passed only Open Society of Russian Open Society " UES of Russia " (?1 and ?2), Open Society " Mosenergo " (?1), Open Society " ????????????? " (?2).
For passage of procedure of listing at such high level of Open Society " Kostroma state district power station " has taken up voluntary obligations on observance of norms of corporate behaviour and a full information transparency. So, in 2005?. The society should have the made accounting reporting on ????, at Board of directors should be created Committee on audit and Committee on the staff and compensations, the changes concerning the maximal protection of the rights of shareholders are brought in the Charter. Besides any essential information on securities will be operatively opened by a stock exchange in a network the Internet.
Among advantages of listing it is possible to allocate the following. First of all, expansion of a circle of investors: attraction of money resources Russian ????????????????? investors, foreign investors and the Russian pension funds.
Second, Open Society " Kostroma state district power station " leaves on a new level of corporate development. For today of the requirement to the Russian stock exchanges are practically similar to the western standards. And the output(exit) on the Russian market gives quite good opportunities for the reference(manipulation) of securities in the international exchange market.
And thirdly, maintenance of securities in listing will demand from a management(manual) of Open Society " Kostroma state district power station " constantly " to hold a hand on pulse " and to be in the center of varying standards of corporate management.
Acknowledgement(Confirmation) of these words is the application(statement) of the general director of one of the largest western ????????????????? investors Brunswick UBS ??????? ????????: " Conformity of a valuable paper to requirements ????????????? of lists is the quality symbol of the given active. It is very important for ????????????????? investors, and is especial - western which are extremely exacting to object of the investments. Century experience of the western markets with financial crashes and corporate scandals forces them to study closely(attentively) industrial activity, a control system and structure of the property, the financial reporting ". |
