Moscow Exchange Launched Trading in Ozon ADS

According to the latest news, Moscow Exchange(MOEX) launched trading in American Depositary Shares (ADS) of Ozon Holdings Plc. following the firm's successful IPO.

The securities trade under the ticker "OZON" and are included in MOEX's Level 1 quotation list. Trading and settlement are done in RUB. Ozon's ADSs are also listed on NASDAQ.

The listing ceremony was attended by Moscow Exchange CEO Yury Denisov and Ozon CEO Alexander Shulgin, as well as senior representatives of Ozon's major shareholders.

Yury Denisov, CEO of Moscow Exchange, said, "Ozon is one of Russia’s leading e-commerce platforms and an excellent example of successful business evolution from a small start-up to a major public company. Millions of Ozon's clients now also have the opportunity to become the company's shareholders. It is particularly pleasing for us that Ozon has chosen to list its securities simultaneously in Moscow and New York. This underscores Moscow Exchange's continued growth as an essential marketplace for building a successful track record as a public company. 

Listing on Moscow Exchange allows a company to tap into an extensive investor base including Russian institutions and individuals, as well as international investors, thanks to our sophisticated infrastructure which facilitates trading from across the globe. I wish Ozon success in its evolution as a public company on MOEX."

Alexander Shulgin, CEO, Ozon:  "Our customers — buyers, sellers, and delivery partners — are the major drivers of our growth. We work relentlessly to support them in their everyday life and to give a new boost to the Russian customer economy."