TransContainer's GDRs Admitted to Trading on the Moscow Exchange
JSC TransContainer ("TransContainer") (TRCN), Russia's leading intermodal Transportation equipment for shipping cargo via various means of transport. Containers are durable enough for repeated use and can be stacked. Containers are divided into medium-duty (three- and five-tonne), which conform to former Soviet Union standards and are still used for shipments in Russia and the CIS, and ISO (20- and 40-foot) containers, which are used for Russian and international shipments. The universal standard unit TEU (twenty-foot equivalent unit) was introduced to measure transport flow volumes.
container transportation and The process of organising a chain of delivery, and managing that chain in the broadest sense. This chain may encompass both deliveries of raw materials needed for production and management of material resources at an enterprise, delivery to warehouses and distribution centres, sorting, handling, and final distribution at the points of consumption. In the context of transportation services, the main service is that of delivering cargo across a delivery route.
logistics company, announces that its Global Depositary Receipts ("GDR") were admitted to trading on the Moscow Exchange ("MICEX Stock Exchange) and included in the Out of Quotation List with the ticker "TCDR". TransContainer's GDRs are expected to start trading on 7 May 2014.
The admission to trading allows investors to carry out exchange-traded repo transactions, providing them with new opportunities and contributing to better liquidity of the Company's securities. TransContainer's GDRs will also continue to be listed on the regulatory main market of the London Stock Exchange.