OSG Records Management to be admitted to trading on the London Stock Exchange

17 December, 2012 Aurora Russia Limited, the Alternative Investment Market (AIM) listed investment company who owns OSG Records Management (“OSG” or the “Company”), has announced that OSG is to be admitted to trading on AIM, part of the London Stock Exchange. The news was released in Aurora Russia’s results for the six months ended 30 September 2012.

OSG at LSE

 

The results also highlighted that OSG’s revenues for the six months rose to £10.8m compared to £9.16m for the same period in 2011. The EBITDA, a measurement of OSG’s financial performance was also up 42% to £1.7m at 30 September 2012.

OSG has grown successfully in order to meet a rising demand for records management services in Russia and neighboring countries. The company has built a network of over 40 document and data centers in Russia, Poland, Ukraine, Kazakhstan, Belarus, Bulgaria and Armenia. Their client base includes regional and international leaders in the banking, audit, retail, service, telecoms, legal, oil, health and leisure industries.

Commenting on the news, Krzysztof Bobrowski, CEO of OSG Records Management, said:
“OSG is delighted to deliver another period of excellent growth. We see enormous potential in our markets and very much look forward to our imminent admission to AIM. It puts us in a strong position to take the company to a new level.”
FOOTNOTE
OSG is the leading provider of document and data management solutions for companies operating in the CIS and EU. With over 30 years of experience to draw from and award-winning levels of service, OSG continues to grow an impressive client base of regional and international companies.
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