social network "VKontakte" get over to Russian Federation

"VKontakte" move from British Virgin Islands to Russian Federation. The decision shareholders and boards of directors approved LLC "COMPANY VK". In March she approved opportunity to pass from foreign jurisdiction to the island October to Kaliningrad Region where the flexible mode of tax and currency regulation works. Besides, social network "VKontakte" it intends to carry out delisting of the papers from London Stock Exchange plc. Global depository receipts will be automatically converted in common stocks. Holding explained this decision to that the majority of its assets is to Russian Federation, and the London platform actually...