Ex.1. Match the terms with their definitions. Explain the meanings of the terms in Russian

1. flotation 6. exchange

2. fee 7. broker

3. securities 8. stakeholder

4. share capital 9. financial statement

5. prospectus

a) cost of professional services

b) 1. stock certificates, bonds or other evidence of a secured indebtedness or of a right created in the holder to participate in the profits or assets distribution of a profit-making enterprise

2. written assurances for the return of payment of money

3. instruments giving to their legal holders the right to money or other property

c) issuing new stocks or bonds

d) generally, a particular class of agent who is employed by his principal, to buy or sell the principal’s goods or services, usually in return for a commission or brokerage calculated as a percentage of the value of business done. At no time does this agent become the owner of the goods, and he cannot act in his own name but only in the name of his principal. Such agents usually specialize, i.e. keep to a special kind of business such as foreign-exchange, stocks and shares, insurance, or shipping

e) 1. insce. a printed paper, sometimes part of a proposal form, giving information about the kinds of cover obtainable from the insurers, and the premium rates of each

2. stk. exch. a document inviting the public to buy a new issue of shares, stock or debentures in a public company stating the terms, and giving certain information required by law

3. advt. a leaflet or other printed paper giving information about a product or service, such as a book, a hotel, a school

f) in business, capital is the value, measured in units of money, of real assets, i.e. assets in the form of property other than money, e.g. machinery, buildings and stocks of materials. The capital of a company is the money which its shareholders have put into the concern to buy the real assets it needs to start up and carry on the business; it is usually calculated to be its net worth (the value of its assets less the amount it owes to its creditors)

g) 1. law. a person, such as an estate agent or a solicitor, who holds a sum of money deposited by the buyer in a transfer of ownership of land and building. The deposit will be paid to the seller only if the buyer agrees.

2. man. a sub-group of an organization, made up of people who have a common interest in a project or activity. Each group may have different objectives, and top management will have to bring these into agreement if it wants the project to go ahead with the cooperation of all concerned

h) 1. fin. in Britain, a document giving detailed figures referred to in the budget speech which the Chancellor of the Exchequer makes in the House of Commons in March or April each year. The Statement shows the changes in taxation and in certain other matters that will result if the budget proposals are made law.

2. law and stk. exch. in Britain a document issued to shareholders before the annual general meeting of a company, containing the company’s final accounts, the directors’ report and sometimes the chairman’s statement

3. accts. any document that shows the state of the finances or financial position of a person or organization, usually listing assets and liabilities as in a balance sheet, or giving an account of profit and loss

i) place where securities are traded

Ex.2. Find the following expressions in the text and translate them into Russian. Contextualize the expressions in 2–3 sentences.

regulatory environment; minimum revenue requirement; minimum amount of shares; in public hands; pre-vetted by the Exchange or UKLA; confirm to the Exchange the suitability of a company and its securities to be admitted to AIM; pay an admission fee of…; pay an annual fee of…; file with; issue a dealing notice to the effect…; process for admission to trading; issue a dealing notice; close an offer.

Ex.3. Find the English equivalents of the following expressions in the text. Contextualize the expressions in 2–3 sentences.

более гибкая система регулирования; минимальный пакет акций/минимальное количество акций; на руках у физических и юридических лиц/в руках держателей ценных бумаг; подтвердить готовность компании и эмитированных ею ценных бумаг к обращению на бирже AIM; предполагаемая дата допуска к торгам на AIM; предоставить/предъявить электронную версию документа; заполненная заявка; предоставить общественности; бесплатно; вступать в силу; финансовая отчетность за период, предшествующий последней аудиторской проверки