Investor relations
In 2016, Moscow Exchange’s management held 349 investor meetings and took part in 11 international investor conferences, including the Moscow Exchange Forums in Moscow, New York and London. It also held a number of investor roadshows covering Continental Europe and many investor meetings in Moscow.
In April, for the third year running, Moscow Exchange held a Shareholders’ Day. The event took place in the form of a conference call attended by about 300 participants. During the Shareholders’ Day, the management gave details about the Exchange’s performance in 2015, development of new products and services, MOEX's dividend policy and plans for the future.
Moscow Exchange’s Annual General Meeting of Shareholders took place on 27 April 2016. The meeting agenda consisted of 15 items, including the approval of the annual report and financial statements for 2015, income and dividend distributions in 2015, election of new members of the Supervisory Board, etc.
In 2016, as part of the Reinvent MOEX seminar programme, Moscow Exchange staged four management meetings with investors and analysts to give them a deeper understanding of the Group’s business. In 2016, the seminars aimed to give insights into the development of the on-exchange grain trading, the management of the Group’s investment portfolio, the launch of the new Money Market product (repo with general collateral certificates), and the Derivatives Market development strategy. In July 2016, Moscow Exchange received an award in the nomination for Best Overall Investor Relations among mid-cap companies from IR Magazine Russia & CIS Awards. The awards were granted on the basis of the independent Extel Pan-European 2016 Survey covering over 20,000 global institutional investors and analysts in 2016.
In July 2016, Moscow Exchange received an award in the nomination for Best Overall Investor Relations among mid-cap companies from IR Magazine Russia & CIS Awards. The awards were granted on the basis of the independent Extel Pan-European 2016 Survey covering over 20,000 global institutional investors and analysts in 2016.
Investors’ Opinion on Investor Relations at Moscow Exchange
In 2014-2016, Moscow Exchange conducted a number of surveys to learn more about perceptions of the Company held by investors and analysts.
| Year | Parameters | No response | Good | Very good | Excellent |
|---|---|---|---|---|---|
| 2014 | |||||
| Knowledge of business | 18% | 14% | 36% | 32% | |
| Quality of IR materials | 14% | 4% | 32% | 50% | |
| Trust and transparency | 23% | 9% | 27% | 41% | |
| Time efficiency | 23% | 0% | 18% | 59% | |
| Friendliness / commitment to support | 23% | 0% | 23 % | 54% | |
| Access to the management | 36% | 9% | 32% | 23% | |
| 2015 | |||||
| Knowledge of business | 5% | 0% | 23% | 72% | |
| Quality of IR materials | 5% | 0% | 23% | 72% | |
| Trust and transparency | 18% | 0% | 18% | 64% | |
| Time efficiency | 5% | 0% | 27% | 68% | |
| Friendliness / commitment to support | 13% | 0% | 23% | 64% | |
| Access to the management | 9% | 0% | 14% | 77% | |
| 2016 | |||||
| Knowledge of business | 10% | 0% | 10% | 80% | |
| Quality of IR materials | 10% | 5% | 25% | 60% | |
| Trust and transparency | 10% | 0% | 40% | 50% | |
| Time efficiency | 5% | 0% | 5% | 90% | |
| Friendliness / commitment to support | 10% | 0% | 5% | 85% | |
| Access to the management | 10% | 0% | 25% | 65% |