According to the initiative of the regulator, from April next year, the minimum free-float level for the inclusion of securities in the second quotation list of the capital's site will be increased from 1 to 5%.
Photo: ru.freepik.com
It should be noted that the Moscow Exchange decided to change the requirements for the minimum share of shares in free circulation last summer. Then the free-float threshold for the inclusion of securities in the second level of listing was lowered from 10 to 1%.
The reason for the changes in the capital stock exchange holding was called the need to "stimulate new companies." It was assumed that the reduced threshold would be valid until the end of June 2025.
Recall that in the spring it was reported about the intention of the Central Bank to tighten the requirements for companies to enter IPOs. It was about the minimum free-float threshold and disclosure of information to private investors.
