YEREVAN, May 20, /ARKA/. Starting from May 20, 2011 common nominal stocks of “Hrazdan Power Company” open joint stock company (HRPC) are allowed to trading at NASDAQ OMX Armenia free C market, NASDAQ OMX Armenia said in a press release. A total of 1,597,430 stocks with nominal value of AMD 10,000 were admitted.
HPRC is one of four energy companies in Armenia, producing more than 80% of the country’s power supply. The gross output capacity of the plant is 1,110 MW, while functioning output capacity is 760 MW. Within the internal market of Armenia the plant has the status of a balancing station, generating electricity for internal consumption only in times of deficit in the Armenian energy system.
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 70 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. -0-
