Retailer OK has stopped trading receipts on the London Stock Exchange. Currently the company’s securities are traded only in Moscow and Astana. Global depositary receipts of parent company OK have been traded on the London Stock Exchange since 2010.
Subscribe to RB.RU on Telegram
Russian retailer OK’s global depositary receipts have ceased trading on the London Stock Exchange (LSE). The cancellation of receipt pricing came into effect on June 18, 2024, the company’s press service reported.
The board of directors of O’Key’s parent company, O`Key Group SA, decided to delist from the LSE on May 15, 2024.
O`Key Group SA receipts have been traded on the London Stock Exchange since 2010. As of March 4, 2022, trading in securities was suspended.
At the end of 2023, OK achieved retail revenue in Russia of 205.8 billion rubles.
Author:
Kirill Bilyk
Source: RB
I am a professional journalist and content creator with extensive experience writing for news websites. I currently work as an author at Gadget Onus, where I specialize in covering hot news topics. My written pieces have been published on some of the biggest media outlets around the world, including The Guardian and BBC News.
