Polyus plans to remove receipts from the London Stock Exchange within a month. The decision to do so was made after the introduction of the US and UK blocking sanctions. The listing of Polyus shares on the Moscow Stock Exchange will continue.
Gold mining company Polyus plans to remove depository receipts from the London Stock Exchange on July 25. This was reported on the website of the corporate information disclosure center.
The delisting decision was made after the introduction of blocking sanctions against Polyus by the US and UK. Polyus head and subsidiaries fell under the sanctions.
Delisting is the exclusion of securities from the listing of the stock exchange.
It should be noted that Polyus will retain the listing of shares on the Moscow Stock Exchange.
According to its own data, Polyus is the first company in the world in terms of gold reserves and is among the top five in terms of production.
Author:
Kirill Bilyk
Source: RB
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