Monday, March 1 2010 11:58
Third issue of Valletta LLC bonds is included in Bbond list of NASDAQ OMX Armenia
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.