Shares of PJSC PROMOMED have been included in the new Moscow Stock Exchange index calculation databases

02.09.2024

Corporate
For investors
Industry development

September 2, 2024, Moscow – PJSC PROMOMED (MOEX: PRMD) (formerly "PROMOMED", the "Company", and together with its subsidiaries, the "Group") announces that the Company's shares have been included in the calculation databases of the broad market and consumer sector stock indices of the Moscow Stock Exchange[1].

Moscow Stock Exchange Broad Market Index
The Company's ordinary shares were included in the calculation base of the Broad Market Stock Index. The Moscow Stock Exchange Broad Market Index includes the Top 100 securities selected based on criteria of liquidity, capitalization, and free-float shares. This index serves as the basis for the formation of other Moscow Stock Exchange indices. The calculation base includes stocks with a free float ratio of at least 5%.

Moscow Stock Exchange Consumer Sector Index
The Company's ordinary shares were also included in the Moscow Stock Exchange's Consumer Sector Index. This index includes the most liquid shares of Russian issuers whose economic activities relate to the relevant sector of the economy.

The calculation bases for both indexes were formed on the recommendation of the Index Committee and will become effective on September 20, 2024. The Moscow Stock Exchange has set the free-float ratio for the Company at 7%.

About the Company
PJSC PROMOMED is a leading innovative biopharmaceutical company with the potential for significant growth in promising segments of the pharmaceutical market.
The Company's structure includes its own unique world-class R&D center and a high-tech enterprise, the Biochemist plant. Thanks to this, PROMOMED implements the concept of a full production cycle "from Idea to Molecule, from Molecule to Patient", promptly responds to the current needs of the industry, and also implements the latest technologies to create innovative medicines. 

The company develops a diversified portfolio of more than 330 medicines in the TOP 10 segments of the pharmaceutical market. The Company's portfolio includes "blockbuster" drugs and innovative biotechnological drugs that have no analogues on the Russian market. Based on its own developments, the Company produces drugs for the treatment of socially significant diseases in such areas as oncology, diabetes, obesity, neurology, rheumatology, infectious diseases, etc. 

Thanks to its own innovative chemical technologies and biotechnologies, as well as modern production facilities, the Company is an active participant in the system of ensuring national drug safety and import independence of the country.

Contacts

For investors
ir@promomed.pro

For the media
pr@promomed.pro

Statement of limitation of liability

This message and the information contained therein are not:

  • an offer to purchase any securities,
  • an invitation to make offers for the purchase of any securities,
  • as part of such offers or invitations,
  • securities advertising in the Russian Federation or other jurisdictions,
  • by encouraging or recommending transactions,
  • it is also not subject to interpretation as such.

Neither this communication nor any part of it is the basis for concluding any transaction or incurring any obligation, they cannot be used in connection with any transactions or obligations or serve as an incentive to conclude any transactions or assume any obligations.
Neither this announcement nor any part of it should serve as a basis for making any investment decisions.
The publication of this communication does not imply investment consulting (in the meaning defined in the legislation of the Russian Federation (including Federal Law No. 39-FZ of April 22, 1996 "On the Securities Market"). The information provided in this message is not an individual investment recommendation.

The methodology for determining and calculating the operational and financial indicators of a Company may differ from the methodology used by other individuals, companies or organizations.

The Company or persons belonging to the Group, their directors, participants (shareholders), employees, representatives do not provide any guarantees or assurances confirming the accuracy, completeness or unambiguous nature of the information and information contained in this communication or related materials, and do not assume any obligations or obligations to updating them.



[1] https://www.moex.com/n72393?nt=0



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