UTair shares join Russia’s RTS2 stock market index

UTair shares join Russia’s RTS2 stock market index

17-Dec-2012 Source: UTair

On December 18, 2012 the shares of OJSC “Airline” UTair ” (UTAR) are included in the RTS-2 (RTS2) Moscow stock exchange. The presence of “UTair” in the index indicates an increase in the liquidity of the securities in the stock market and their investment appeal.

“The inclusion of the shares of” UTair “in the index is further proof of the success of the company and increase investor interest in its activities,” – said the chief financial officer “UTair” Igor Petrov.

According to the director of the Department of indices and exchange information of OJSC “Moscow Stock Exchange” Sergei Golovanyova, the selection of stocks in the index calculation base takes into account their liquidity and capitalization by the share of shares outstanding by the market (free-float). “Analysis of the liquidity of the shares of OJSC” Airline “UTair” on trades in the last three months has shown that the shares meet the requirements for inclusion in the index, “- he said.

RTS-2 – the main share index of the “second tier”, is one of the official indicators of the Moscow Stock Exchange. The selection committee of the index shares are ZAO “MICEX Stock Exchange” – an advisory body composed of the leading analysts of the Russian financial market and representatives of the professional community. RTS-2 consists of 50 issuers that meet certain factors by market capitalization and free-float.

Shares of “UTair” included the Moscow stock exchange in the most privileged quotation list “A” level. Over the past year and a half of their value increased by 25%. Today, “UTair” – the only airline whose shares are in the RTS-2.

The airline “UTair” one of the three leaders of the Russian air transportation market. In 2011, the company’s aircraft transported 6,750,425 passengers. For the period from January to November 2012 a group of “UTair” served by 28.2% more passengers than in the corresponding period of 2011. In 2012, the airline is planning to increase the volume to 10 million passengers. The park of more than 200 aircraft. The airlines flying to 110 destinations. The main hub of the airport of Vnukovo (Moscow), which runs more than 100 daily flights.

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