Russian emitters to suffer heavy losses in case of delisting on foreign exchanges
First Deputy Prime Minister Igor Shuvalov said that the Russian companies - emitters should consider transferring the listings from foreign stock exchanges to the Moscow Stock Exchange. At the moment, many of the largest Russian companies’ shares are traded on foreign exchanges.
Delisting from international markets is unlikely to please shareholders, especially foreign ones, and the companies themselves are at risk of losing access to foreign capital. At that, if these intentions of the full de-listing from foreign exchanges became real it will increase the flight of investors from the Russian assets.
Uralkali- potash producer. Vertically integrated company produces about 20% of global potash.
Shares and depositary receipts are listed on the Moscow Stock Exchange and the London Stock Exchange respectively. The largest shareholders - Chengdong Investment Corp (12,50%), ONEKSIM group (21.50%), OJSC Uralchem (19.99%).
Currently, in London a share price is $ 23.27, capitalization - $ 13.67 bln
Cherkizovo group –meat products manufacturer, among the top three leaders for poultry, pork, processed meat, and is the country's largest producer of animal feed.
The main shareholders of the company: JPMorgan Chase Bank (31,9%) and the company MB Capital Partners (58,74%). 27.80% of the shares - free-floating.
Shares are traded on the stock exchanges in London and Moscow.
Price in London is $ 10, capitalization - $ 659.46 mln
NMTP Group is a port operator and stevedoring company. The group includes Novorossiysk port, Primorsk and the Baltiysk, as well as ten stevedoring companies of different specializations.
The main shareholders - JSC Transneft (25.05%), Summa Group (25.05%), Rosimuschectvo (20.00%) and the structures of JSC RZD (Russian Railways) (5.3%). Shares and depositary receipts are traded on the stock exchanges of London and Moscow.
In London a share price is $4,4, capitalization – $1,13 bln.
Centre for container freight TransContainer is a transportation and logistic company, intermodal container operator. The company owns more than 25 thousand railway platforms and 100 thousand different containers.
JSC "RZD" (50.00% +1 share) is the largest shareholder. The company is listed on the Moscow Stock Exchange, and depositary receipts - on the London Stock Exchange.
Receipt cost in London - $ 7.5, capitalization - $ 1.04 bln
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