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Starting September 19, 2023, the Moscow Exchange allows short selling of Seligdar PJSC shares (MOEX: SELG, hereafter Seligdar or Company). The decision on change in the Seligdar shares risk-parameters was made by Non-banking credit institution Central Counterparty National Clearing Centre that is a part of the Moscow Exchange Group and performs functions of a clearing organisation and central counterparty in the securities market.

Permission to open short position that implies selling of borrowed securities widens opportunities for the market participants to perform operations with the Company’s stocks that should have a positive influence on the trading volumes. In its turn, increase in liquidity reduces risks for investors and enhances investment attractiveness of Seligdar shares.

In the current year, average daily trading volume in Seligdar shares grew from 50 million Russian roubles in January 2023 to 857 million Russian roubles in August. The monthly trading volume in August was about 20 billion Russian roubles. Starting September 22, 2023, Seligdar shares will be included in the MOEX Russia Index and RTS Index that are the main indices of the Russian stock market.