PJSC Positive Group (hereinafter referred to as Positive Group), a leading Russian developer of cybersecurity solutions, has announced its listing of ordinary shares on the Moscow Exchange and the start of trading in securities.
Positive Group ordinary shares were included in the Level 2 quotation list on December 16, 2021, and trading in Positive Group shares began officially on December 17, 2021. The ticker symbol is POSI. Trading and settlement are conducted in Russian rubles.
Positive Group ordinary shares are also included in the Innovation and Investment Market (IIM) sector of the Moscow Exchange.
To ensure liquidity, Positive Group entered into market-making agreements with three Russian brokers to facilitate buy and sell orders.
Positive Group’s listing is exclusive to the Moscow Exchange.
The company’s IPO on the Moscow Exchange aims to create a transparent investment profile and attract a wide range of shareholders. Shareholders can buy and sell the company’s shares without restrictions.
Yuri Maksimov, Chairman of the Board of Directors of PJSC Positive Group said: “This is significant not only for our company, but for the entire Russian information security industry. Positive Group is the first Russian cybersecurity company to go public and trade its shares on the stock exchange. Our success here is indicative of the high reputation of the Group’s products on the market, its innovative solutions and services in the field of cyberthreat prevention, and the many years of dedication on the part of our entire team. With our new public status, we look forward to attracting and motivating talented professionals, and creating a close-knit community of like-minded co-owners who understand our business and its excellent prospects. We also express our gratitude to the Moscow Exchange for supporting our aspirations and initiatives.”
