O’KEY Group S.A. (AIX, MОЕХ: OKEY, the “Group” or the “Company”), one of Russia’s leading food retailers, announces that, due to amendment of the applicable legislation, the Group’s GDRs (ISIN: US6708662019) (“OKEY GDRs”) will be transferred to the third listing tier of Moscow Exchange from 3 January 2025.
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The decision to change the listing tier of securities of foreign issuers, including O’KEY GDRs, was made by Moscow Exchange on 16 December 2024 on the basis of Central Bank of Russia Directive No. 6885-U dated 1 October 2024 “On Securities and Derivative Financial Instruments Intended for Qualified Investors”. With the transfer to the third listing tier, only qualified investors will be able to purchase such securities. However, holders of O’KEY GDRs who do not have qualified investor status will be able to sell the securities they purchased previously or continue to hold them, as the change in listing tier does not trigger the need for an automatic sale.
The sole reason for the transfer of O’KEY GDRs to the third listing tier is a change in regulation by the Central Bank of Russia. The Group fully complies with all regulatory requirements of the Central Bank of Russia and Moscow Exchange regarding information disclosure.
The Group’s GDR programme remains in effect. The changes do not affect the listing of the GDRs on the Astana International Exchange (AIX).
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For further information please contact:
For investors:
Natalya Belyavskaya
Head of Investor Relations
+7 495 663 6677 ext. 266
natalya.belyavskaya@okmarket.ru
www.okeygroup.lu
For the media:
pr@okmarket.ru
EM (communications consultants to O’KEY Group)
Valeria Andreeva
+7 916 978 02 10
andreeva@em-comms.com