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NASDAQ OMX Armenia Becomes Central Depositary's Sole Shareholder

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  • NASDAQ OMX Armenia Becomes Central Depositary's Sole Shareholder

    NASDAQ OMX ARMENIA BECOMES CENTRAL DEPOSITARY'S SOLE SHAREHOLDER

    ARKA
    June 15, 2009

    YEREVAN, June 15. /ARKA/. NASDAQ OMX Armenia Stock Exchange has become
    the sole shareholder of the Central Depositary of Armenia (CDA).

    On June 5, the Central Bank of Armenia (CBA) registered the revised
    charter of CDA, with NASDAQ OMX Armenia becoming the absolute
    shareholder of the depositary.

    The procurement of CDA shares by NASDAQ OMX Armenia (subsidiary of
    NASDAQ OMX Group, Inc.) completes integration procedures between the
    two companies, enabling them to reach a maximum operational synergy.

    CDA and the stock exchange keep delivering services under the NASDAQ
    OMX brand, making attempts to boost Armenia's capital market.

    In January 2008, the Scandinavian OMX Group became the absolute
    shareholder of the Armenian Stock Exchange (ARMEX) and CDA.

    After the NASDAQ-OMX merger last February, the newly established
    NASDAQ OMX Group, Inc. became the sole shareholder of ARMEX and CDA.

    On January 27, 2009, ARMEX was renamed NASDAQ OMX Armenia.

    From: Emil Lazarian | Ararat NewsPress
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