At the end of yesterday’s meeting of JSC Gazprom’s Board of Directors, Dmitry Medvedev, the Board Chairman conducted a session of the Working Group for the Gazprom’s share market liberalization.
The meeting reviewed the progress in the preparations to lift restrictions on the trading of Gazprom’s shares and discussed a plan of further activities to liberalize the share market.
The meeting adopted a decision to provide the RF Government and State Duma with proposals on amendments to legislative acts that would result in:
- full lifting of restrictions on the purchase of Gazprom’s shares by non-residents;
- lifting of restrictions on a list of stock exchanges entitled to trade in Gazprom’s shares.
A respective set of documents will be shortly submitted by the RF Economic Development & Trade Ministry to the RF Government.
The Working Group confirmed its plans to complete the Gazprom’s share market liberalization before the end of this year.
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