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BSX Approves Listing of up to 20,000,000 Series 2 Participating Shares of Rengaz Holdings Limited
Hamilton, Bermuda, 26 November 2004 - The Listing Committee of the Bermuda Stock Exchange (BSX) today announced the approval of the listing of up to 20,000,000 Series 2 Participating Shares of Rengaz Holdings Limited ("the Company").
The Company was incorporated in the Cayman Islands on 13 April 2004 as an exempted closed-end investment company.
The investment objective of the Company is to achieve capital appreciation through investment in Gazprom Shares. The Investment Manager will seek to invest the entire assets of the Company in indirect interests (through wholly owned subsidiaries) of Gazprom Shares. The Series 1 and Series 2 Participating Shares will invest in separate pools of Gazprom Shares.
The Series 1 Participating Shares of the Company were listed on the BSX on 26 April 2004.
Reid Services Limited sponsored the listing of the Series 2 Participating Shares of Rengaz Holdings Limited. The securities are being listed under the Listing Regulations for Collective Investment Schemes and the provisions for Restricted Marketing.