CREDIT BANK OF MOSCOW stocks were included in the MICEX Index and the RTS Index
On June 16th, 2016 Moscow Exchange included shares of CREDIT BANK OF MOSCOW (public joint-stock company) (code: CBOM) in the constituent lists of the MICEX Index and the RTS Index. The calculation of the indices is based on the 50 most liquid Russian stocks of the largest Russian companies from key sectors of the economy.
CBM shares were also included in the Broad Market Index and the Financial Sector Index. Shares with free-float no less than 5% are included in the calculation base of the Broad Market Index. According to Moscow Exchange, free-float of CBM shares constitutes 18%.
Earlier, in June 2015, CBM went public (IPO) on Moscow Exchange with a diversified order book that consisted of both institutional and retail investors. Based on the offer price of RUB 3.62 per share, CBM raised RUB 13.2 billion.
In December 2015, CBM conducted a secondary public offering (SPO) on Moscow Exchange raising RUB 16.5 billion, while the total market capitalization of CBM amounted to RUB 87.6 billion. On June 10th, 2016, according to Moscow Exchange, CBM's market capitalization exceeded RUB 95 billion.