RE: Dividend to be Paid2 Mar 2022 09:37
Davidspellacy this is my main concern
The biggest risk or UK shareholders is that Evraz will delist its shares and move to a single listing on the Moscow Stock Exchange.
This might not be a big problem for the group’s controlling shareholders. These include Chelsea FC owner Roman Abramovich, who owns 29% of Evraz. Abramovich and four others control 66% of Evraz stock. My guess is that they’d be able to maintain their ownership and continue receiving dividends if Evraz moved to the Moscow Stock Exchange.
However, UK shareholders probably wouldn’t be able to own Moscow-listed shares. As a result, they could be forced to sell at a very poor price when the stock was delisted