Shares of the PJSC TNS energo Group of Companies have started trading on the Moscow Exchange

1706-1.jpg Dmitry Arzhanov, General Director of the PJSC TNS energo Group of Companies said: “The start of trading of TNS energo shares is a new and important stage in the development of the company. Entry into the stock market will allow us to expand our range of investors, to ensure liquidity of the minority shareholders and it will provide a market appraisal of the value of the company.”
Andrey Shemetov, Deputy Chairman of the Moscow Exchange, added: “We are delighted to welcome a new issuer from the energy sector to the Moscow Exchange. This expansion of the list of securities traded on the exchanges provides new possibilities for investors and contributes to the attractiveness of the Russian stock market. We hope that the new securities will be in demand by investors, and that the company will have a successful public history.”
The ordinary registered uncertified shares of the PJSC TNS energo Group of Companies were included in the third level listing of the Moscow Exchange on 17 December 2014. VTB Capital acted as the financial consultant for the listing of the PJSC TNS energo Group of Companies on the Moscow Exchange.

Company profile:

The PJSC TNS energo Group of Companies is an entity of the wholesale electricity market, and manages 10 guaranteeing suppliers servicing about 19 million consumers across 11 regions of the Russian Federation: the Voronezh Energy Retail Company, the Karelia Energy Retail Company, the Kuban Energy Retail Company, Kubanenergo (Krasnodar region [O1] and the Republic of Adygea), Marienergosbyt, the Nizhny Novgorod Energy Retail Company, the Tula Energy Retail Company, Energosbyt Rostovenergo, the Yaroslavl Energy Retail Company, Garantenegoservis LLC (Novgorod region) and TNS Energo Penza LLC.

The Moscow Exchange Group manages the only multi-purpose stock market in Russia for trading shares, bonds, derivatives, currency, money market instruments and commodities. The Group includes a central depository (the non-bank credit organisation, the JSC National Settlement Depository) and a clearing centre (the National Clearing Centre Bank) acting as a central contractor in the markets, allowing the Moscow Exchange to render a full range of trading and post-trading services to clients. The securities of over 730 issuers, including those of the largest Russian companies by level of market capitalisation, are admitted to trading on the stock markets of the Moscow Exchange.

 [O1]Here, and at corresponding points below, would 'Krasnodar Krai' be more correct?