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Moscow Exchange IPO Plans Intact

19.09.2012 16:07 / Interfax

The IPO of Moscow Stock Exchange MICEX-RTS will go forward as planned, said Russia`s Central Bank First Deputy Chairman Alexey Ulyukaev.

"As for Moscow Exchange IPO, the plan remains unchanges", he said at a Wednesday press conference.

According to MICEX-RTS shareholder agreement, the integrated exchange will float a minimum of 9 bn roubles worth of shares before mid-2013.

Ulyukaev says the exchange shares attract a particular type of investor, who are hardly the same as Sberbank investors, therefore the bank`s SPO does not affect the exchange plans.

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