Moscow, 15 January 2014. — JSC «Aeroflot» (the «Aeroflot», Moscow Exchange ticker: AFLT) announces that the United States Securities and Exchange Commission has declared effective the registration statement with respect to Aeroflot’s Level I American depositary receipt programme (the «ADR Programme»).
The ADR Programme will be open for deposits from 9 a.m. (EST) on 14 January 2014. The ADRs ISIN is US00777K1060, and the ADR SYMBOL is AERZY.
Aeroflot has launched this ADR Programme as part of its efforts to gain access to a wider pool of investors, including on the U.S. over-the-counter market.
Deutsche Bank Trust Company Americas acts as the depositary bank for the ADR Programme, as well as for the existing global depositary receipt (GDR) programs of Aeroflot. Each ADR and GDR represents five Aeroflot ordinary shares.
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Aeroflot is Russia’s leading airline and one of the largest in the CIS and Eastern Europe. Aeroflot is the principal company in Aeroflot Group, which consists of five Russian airlines providing service to more than 200 destinations globally.
In 2012 Aeroflot Group carried 27.5 million passengers. The Group had revenue of USD 8,138 million in 2012 and EBITDA of USD 671 million. Net profit totalled USD 166 million.
As of January 1, 2014, Aeroflot had 143 aircraft, which make up one of the youngest, most modern and fastest growing fleets in Europe. Aeroflot was twice named in a SKYTRAX survey as The Best Airline in Eastern Europe (in 2011 and 2013).
A member of the SkyTeam global airline alliance, 2013 marked Aeroflot’s 90th year in operation. The Group’s shares trades on Moscow Exchange (ticker: AFLT) and its GDRs trade OTC on the Frankfurt Stock Exchange.
Find out more at www.aeroflot.com.