Share exchange on redomiciliation
Replacing securities of a foreign holding company with shares of a Russian legal entity when the group moves its domicile.
How to read the number
For a holder it is a technical procedure with suspended trading and newly credited securities, after which rights and payments follow Russian law.
When the metric lies
Receipts bought outside the Russian infrastructure are exchanged under separate rules and not at the same time as the rest; the timetables announced tend to slip.
Also known as: redomiciliation share exchange