FEAS Yearbook FEAS Yearbook 2017 | Page 17

Yearbook 2017

Corporate Action

Dividend record date shall be defined by the Issuer's decision. In case of absence of such a decision the date of appropriate decision on dividend payments or the date the decision will come into force should be accepted as dividend record date.

Other corporate events (mergers, split, reverse split, new issues, take overs, etc.)

NASDAQ OMX Armenia

Mr. Hayk Yeganyan

CEO of NASDAQ OMX Armenia

About NASDAQ OMX Armenia

Established: 2001

CEO: Mr. Hayk Yeganyan

Address: 5b, Mher Mkrtchyan str.,

Yerevan 0010, Armenia

Contact Name: Ms. Hasmik Salnazaryan

Email: [email protected]

Website: www.nasdaqomx.am

Key Highlights of the year 2016 2017

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The year 2017 can be marked with several key achievements for NASDAQ OMX Armenia (NOA) and the capital market as a whole.

The year started with Board and Senior management changes, leading to new strategy discussions and new approach to the exchange and the depository businesses. Ms. Emma V Shand was appointed as Chairman of NASDAQ OMX Armenia's Supervisory board and Mr. Hayk Yeganyan started to act as the CEO of the Company.

As one of key episodes of the year can be mentioned the re-allocation of FEAS headquarter to Yerevan. This is a new milestone in the history of the Federation, which brings new opportunities and new developments.

In the beginning of the year NASDAQ OMX Armenia introduced Genium INET electronic trading system to the market, developed and implemented by Nasdaq and featured with the latest technological solutions for allocation and buyback auctions of Armenian government bonds. The project has been developed and implemented thanks to the joint efforts of NASDAQ OMX Armenia, the Central Bank of Armenia, the Ministry of Finance of Armenia, as well as Nasdaq.

Moving further an on-line system for government bonds allocation and buyback was launched enabling individuals to purchase government bonds on-line with their credit cards, directly from the Government, without visiting any service point.

individuals to purchase government bonds on-line with their credit cards, directly from the Government, without visiting any service point.

Another achievement of the year was the introduction of "FundNet" on-line registration platform for private contractual investment funds. This investment vehicle, based on the principle of contractual freedom, provides investors with a high level of flexibility in terms of organization, investment policy and the types of underlying investment assets.

As for the trading statistics, exchange market was marked by the further shift of investors’ interest towards bonds. Corporate bonds trading recorded highest volumes since its launch in 2005. A new instrument - covered mortgage bond was introduced in the market.

Understanding and highlighting the importance of international cooperation and exchange of best practice in June 15, 2017 NASDAQ OMX Armenia held an international conference on "FinTech in the Stock Exchange industry" in Yerevan. 23 companies from 8 countries were present at the conference, including representatives from various stock exchanges, technology providers, EBRD, the Central Bank of Armenia and etc. The conference was held within the framework of annual general meeting (GM) of the International Association of Exchanges of the CIS countries hosted by NASDAQ OMX Armenia.

Future outlook

NASDAQ OMX Armenia started the year with several change projects, including company relocation, change of old trading software with a state of the art new one, to become regional technologically advanced exchange, with turnkey trading-clearing-settlement solutions as of international standards.

Continuing our efforts toward enhancing the efficiency of the market we are going to introduce new trading solutions and new products.