HMS trades on the London Stock Exchange under the symbol "HMSG."
HMS is a machine-building holding company engaged in pump and oil and gas equipment research, development and production in Russia and the CIS.
The company is active in oil and gas, power generation, trunk pipe transport, and water utilities.
HMS director of corporate finance and investor relations Alexander Rybin said they are excited to access the international investment community through establishment of this DR program.
"HMS management is confident that BNY Mellon, the world’s leading depositary bank, has the global expertise, institutional stability, and personal touch to support our secondary market initiatives and future capital market plans," Rybin said.
BNY Mellon Depositary Receipts business CEO Michael Cole-Fontayn said their extensive experience working with Russian issuers and specialized market outreach services will support HMS’ efforts to expand its global profile.
