Moscow, 29 August 2019. Russian Aquaculture PJSC (“Russian Aquaculture” or the “Company"), Russia’s largest commercial aquaculture farming company, announces that its shares will be included into the Moscow Exchange indices.
The Moscow Exchange, upon recommendations from the Index Committee, has formed the stock index base, effective from September 20, 2019. Ordinary shares of PJSC Russian Aquaculture will be added to the constituent list of the Broad Market Index and the Consumer Index.
More information on the recommendations of the Index Committee is available at https://www.moex.com/n24823/?nt=101
ABOUT RUSSIAN AQUACULTURE
Russian Aquaculture is one of the leaders in the production of Atlantic salmon and trout in Russia.
The Company’s core business areas are:
Commercial farming of Atlantic salmon and sea trout in the Barents Sea in the Murmansk region;
Commercial farming of trout and the production of red caviar in lakes of the Republic of Karelia.
Russian Aquaculture’s core strategic focus is on growing its aquaculture business. The Company currently owns cultivation rights for 34 sites for the farming of salmon and rainbow trout. The total potential production volume for these sites is around 50 ths tonnes of salmonids.
The Company’s long-term development strategy involves the creation of the largest vertically integrated player in the aquaculture market, including the production of feed and stocking material, primary processing, and distribution of the Company’s own products.