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IN BRIEF: Petropavlovsk's Moscow listing re-classified to level 3

Mon, 27th Jun 2022 19:16

Petropavlovsk PLC - Russian gold producer - Says listing on Moscow Exchange will be re-classified to level 3 from level 1 starting Tuesday. "It is usual practice for MoEx shares listed by a non-domestic issuer to be assigned to one of three different levels, with companies included as part of level 3 considered as satisfying only basic listing requirements," it says. This means only qualified retail investors will be allowed to buy its shares on Moscow Exchange, while pension funds will be "forbidden" from buying the stock.

Current stock price: 1.02 pence, down 11% on Monday

12-month change: down 96%

By Lucy Heming; lucyheming@alliancenews.com

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1 Jul 2020 11:14

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(Sharecast News) - Petropavlovsk announced the appointment of Dr Pavel Maslovskiy as its chief operating officer, and of Martin Smith as a non-executive director, with immediate effect on Wednesday.

30 Jun 2020 17:05

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Petropavlovsk moves to defend itself with interim board, calls second AGM

LONDON, June 30 (Reuters) - Russian gold miner Petropavlovsk appointed four new directors and asked British regulators to look into possible breach of the takeover code by a major shareholder, as it battles to keep control of the company.Shares i...

30 Jun 2020 12:03

Petropavlovsk Board Seeks New Vote After Being Ousted By 4 Investors

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Petropavlovsk to seek secondary listing on Moscow Exchange

(Sharecast News) - Russia focused miner Petropavlovsk is seeking a secondary listing on Moscow's stock exchange with a view to expanding its investor base in that country and the positive knock-on effects on the the shares' liquidity, shares trading volumes and for the visibility of its brand.

19 Jun 2020 08:59

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POG.L Share News (POG)

IN BRIEF: Petropavlovsk's Moscow listing re-classified to level 3

Petropavlovsk Makes Two More Management Changes After Tumultuous AGM

LONDON MARKET OPEN: Stocks Muted As Rising Virus Cases Offsets Data

Petropavlovsk makes two more management and board appointments

LONDON MARKET CLOSE: Shell Hits FTSE As Markets Eye Virus Resurgence

Petropavlovsk moves to defend itself with interim board, calls second AGM

Petropavlovsk Board Seeks New Vote After Being Ousted By 4 Investors

LONDON MARKET CLOSE: FTSE 100 Edges Higher Despite Health Fears

Petropavlovsk Bags Ratings Boost From S&P As Gold Price Surges

Petropavlovsk to seek secondary listing on Moscow Exchange

Petropavlovsk Applies For Secondary Listing On Moscow Stock Exchange

Petropavlovsk Denies Merger Talks With Shareholder Uzhuralzoloto

Petropavlovsk denies merger talks with UGC

Petropavlovsk Retains Guidance As Annual Profit Falls; Chair To Retire

Petropavlovsk FY profits slip despite sharp revenue growth

Crispin Odey says governments could ban private gold ownership

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