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Aeroflot looks for Vienna listing

Takeup of GDR programme 2-3% of outstanding shares(70 words)

Published: 3/13/2001

Aeroflot plans to list its Global Depositary Receipts (GDR) on the Vienna Stock Exchange within the next 2 months. Later this year the company plans a listing either in London or on the New York Stock Exchange (NYSE). According to the company, investors have converted around 2-3% of the company's outstanding shares into GDRs since December, but still well short of the 20% of shares earmarked for the GDR programme.

Article ID: 2412

 

 

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