Rusagro has requested to withdraw the receipts from the LSE. Since March 2023, securities of a Russian company have not been traded on the London Stock Exchange. Rusagro will maintain its listing in Moscow and Astana.
Subscribe to RB.RU on Telegram
Russian company Rusagro has announced the withdrawal of depositary receipts from the London Stock Exchange. The company has submitted a request to the UK financial regulator, Rusagro said in a statement.
Rusagro GDR’s listing on the LSE will be delisted from 25 July 2024. The company went public in 2011.
Rusagro’s securities will continue to be listed on the Moscow and Astana stock exchanges, the company clarified.
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.
