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Members of the PFTS in November will consider selling 40% of the shares of the exchange to a foreign investor

Oct 2nd, 2009 | By admin | Category: Main News

OJSC RTS PFTS in November 2009 plans to hold another general meeting of members, which, inter alia, the proposal will be considered for participation in the capital of the exchange of the foreign investor, told Interfax-Ukraine Irina Zarya, President of the exchange.

The meeting will be held on schedule - in the fourth quarter, probably in November. By the time we are ready to announce the detailed terms of participation in the capital of the exchange of the foreign investor, - she said.

Dawn, citing the confidentiality of the transaction, did not name the prospective buyer of shares, noting that it would not be a portfolio investor, as the alleged sale of equity share to be about 40%.

As reported previously PFTS has confirmed interest in joining forces with Ukrainian and international exchanges and establish alliances with them. PFTS also considering the possibility of attracting additional capital for development.

more than a year Exchange PFTS has a fairly close technical cooperation with the Moscow Interbank Currency Exchange (MICEX).

not satisfied with PFTS leading investment companies of Ukraine together with Russia's RTS stock exchange in the spring of this year launched a Ukrainian Stock Exchange, which is the first in the market provided an opportunity to work in the market applications. With this in August, the volume of trade shares on the first time exceeded the volume of trade on the market later running applications PFTS, which has not enjoyed such popularity.

Several members also criticized the PFTS Stock Exchange for the fact that its members actually being shareholders, have the same name of the association to fund quarterly installments.

In general, up to nine months of 2009 turnover on the PFTS was 8.4 billion UAH, or 55% of the total volume of the organized market of the country.

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