Moscow Exchange, upon the recommendation of the Index Committee, has formed the bases for calculation of share indices which will be in force starting from June 19, 2020.
Thus the base for calculation of the Broad Market Share Index, which includes the top 100 securities selected based on the criteria of liquidity, capitalization and the proportion of shares in free float, will include ordinary shares of BELUGA GROUP.
The base for calculation of the Moscow Exchange Consumer Sector Index, which reflects the dynamics of the largest and most liquid Russian companies whose activities relate to the sector of consumer goods and services, will also change due to the inclusion of the ordinary shares of BELUGA GROUP.
Mr. Alexander Mechetin, CEO of the company, commented on this event as follows: "We consider this to be positive news for our shareholders. BELUGA GROUP's shares have been included in top 100 most liquid and capitalized shares of the Russian securities market. We also believe that the inclusion of our shares in the indices will lead to additional interest in them from the investor community and will keep our securities even more liquid."