The London Stock Exchange delisted the shares of the gold mining company Polyus. Previously, the United States and Great Britain imposed blocking sanctions on Polyus and all its subsidiaries.
Depositary receipts for gold mining company Polyus have been removed from the London Stock Exchange (LSE). This was reported to RBC at the company.
Delisting is the exclusion of securities from the listing of the stock exchange.
Plans to delist Polyus shares from the LSE became known at the end of June. This decision was preceded by the introduction of blocking sanctions against Polyus and all its subsidiaries by the US and the UK.
Trading in securities of most Russian companies listed on foreign exchanges has been suspended since spring 2022.
Author:
Kirill Bilyk
Source: RB
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