23 Jul 2024 09:31

Moscow Exchange includes X5 management co's shares in Level 1 listing

MOSCOW. July 23 (Interfax) - The Moscow Exchange included the common shares of PJSC X5 Corporate Center in its Level 1 listing of securities accepted for trading on Monday.

X5 Corporate Center, which manages the assets of retail group X5, was reorganized into a public joint-stock company at the beginning of July. The reorganization and subsequent listing on the Moscow Exchange follow a court ruling to suspend the corporate rights of Netherlands-based X5 Group in this company, which was included in the list of economically significant organizations in March 2024.