6 Feb 2020 11:54

Future Financial Group delisting from Moscow Exchange

MOSCOW. Feb 6 (Interfax) - PJSC Future Financial Group has announced that it is delisting from the Moscow Exchange as a result of the consolidation of all of its shares by Region Group in the course of several buyout offers.

The company will also reorganize from a public joint-stock company to a joint-stock company and disband its board of directors, the group said in a statement. Non-public joint-stock companies are not required to disclose information in quarterly reports and disclose material facts.

Future Financial Group manages the Future (49.99%) and Telecom-Soyuz nongovernmental pension funds. The company's charter capital is split into 50.293 million common shares with par value of 119.30 rubles each.

The company had a level two listing. The Moscow Exchange halted trading of the company's shares on January 21.

Vp ak

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