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Third Issue Of Valletta LLC Bonds Is Included In Bbond List Of NASDA

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  • Third Issue Of Valletta LLC Bonds Is Included In Bbond List Of NASDA

    THIRD ISSUE OF VALLETTA LLC BONDS IS INCLUDED IN BBOND LIST OF NASDAQ OMX ARMENIA

    ArmInfo
    01.03.2010

    ArmInfo. Effective from February 26, 2010, the third issue of Valletta
    Limited Liability Company nominal coupon bonds (VALTB3) will be listed
    and included in the Bbond list of NASDAQ OMX Armenia.

    The press service of NASDAQ OMX Armenia reminds that this issue of the
    company's bonds with total nominal value of AMD 500,000,000 maturity
    36 months, and coupon yield of 11% has been traded on NASDAQ OMX
    Armenia since September 25, 2008. As of the end of February 2010,
    the total value traded on the exchange in VALTB3 bonds (less repo
    trading) exceeded AMD 400 mln.

    The changing of the status of the third issue bonds from being admitted
    to trading to being listed occurred based on Valletta LLC's request,
    as the securities and the issuer complied with all requirements set for
    NASDAQ OMX Armenia Bbond list. Valletta LLC has a long history in the
    Armenian capital market - the first issue of the company's bonds was
    listed on the exchange on September 25, 2007, and the second issue was
    redeemed on December 26, 2009. Valletta LLC has been operating since
    1990 and is currently involved in various areas of activities including
    manufacturing, retail and wholesale trade, catering and leisure
    business. In particular, the company owns and operates the chain of
    "Star" supermarkets, "SFC" and "Plener" restaurants, "Comfort" shops
    for household products and appliances including under the "Ariston"
    and "Ardo" brands, and runs its own meat production ("Biella" brand).

    The NASDAQ OMX Group, Inc. is the world's largest exchange company. It
    delivers trading, exchange technology and public company services
    across six continents, and with over 3,900 companies, it is number
    one in worldwide listings among major markets. NASDAQ OMX technology
    supports the operations of over 60 exchanges, clearing organizations
    and central securities depositories in more than 50 countries.

    In January 2008, Nordic exchange operator OMX Group acquired 100%
    of shares of the Armenian Stock Exchange (Armex) and the Central
    Depository of Armenia (CDA). After the combination of NASDAQ and OMX
    in February 2008, Armex and CDA have become fully owned by the NASDAQ
    OMX Group, Inc.

    On January 27, 2009, "Armenian Stock Exchange" ojsc was officially
    renamed as "NASDAQ OMX Armenia" ojsc. On June 5, 2009, "NASDAQ OMX
    Armenia" ojsc became the owner of 100% of the shares of the "Central
    Depository of Armenia" ojsc.
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