29, 2015 the Ministry of Economic Development of the Russian
Federation, the Federal Agency for State Property Management
(Rosimuschestvo) and Moscow Exchange signed a tripartite cooperation
agreement. The agreement provides for the creation of new indicators
of the Russian securities market - MOEX State-Owned Companies Index
and MOEX Regulated Companies Index. Shares of IDGC of Centre, PJSC
were included in the Regulated Companies Index with the weight of
1,66% as at 30.12.2014.
The calculation of the Regulated Companies Index will include
shares of natural monopolies included in the corresponding list of
the Federal Antimonopoly Service. Moscow Exchange will calculate the
indices on a cum-dividend basis using its own market data and they
will be market cap weighted. Components and their weightings will be
reviewed annually in accordance with recommendations of the Ministry
of Economic Development and Rosimuschestvo. Changes will take effect
on the first trading day of each calendar year.
The creation and implementation of the indices is one of the
Russian Government’s initiatives aiming to improve quality and
transparency of corporate governance at state-owned companies.
For further information on the new indices, please, refer to the
Moscow Exchange web-site at: http://moex.com/s75