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News // Oil and gas worldwide

YUKOS Introduces ADR

18 March 2001 , 07:00257
The YUKOS Oil Company has signed the depository agreement with Bankers Trust, an American subsidiary of Deutsche Bank, and completed all formal procedures, concerning the organization of the American Depository Receipts of the first level. The YUKOS press-service reports that the company may convert up to 20% of its shares into ADR in the near future.

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