On Jan. 30, RUS CB launched shareholder value creation program.
RUS CB and RUS EXC launched a shareholder value creation program for JSCs aimed at increasing their investment attractiveness, capitalization and best practices.
Key Points
The program provides for creation of a benchmark - a group of issuers capable of growing at an accelerated rate and thus acting as a driver of capitalization of RUS EXC.
Issuers with shares included in first/second levels of RUS EXC listing can participate in the program and their securities will be included in the base of its new stock index.
It will become a useful benchmark for the market and a guide for investors on which securities are best to invest in and based on which participants will able to form collective investment funds, as well as index strategies for trust management.
The applications of candidates will be reviewed by a committee consisting of representatives of RUS EXC, RUS CB and the Analytical Credit Rating Agency.
The regulators will assess the effectiveness of corporate governance, the level of information transparency of the issuer and its financial and economic indicators.
The status of the program participant will need to be confirmed at least once a year.
Effectiveness
Applications to participate in the program are accepted from Mar. 31 to Jun. 15, 2025.
