The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
This could be a quid today!
LONDON, March 14 (Reuters) - Index provider FTSE Russell said on Monday it would delete four UK-listed, Russia-focused companies including Roman Abramovich's Evraz after many brokers refused to trade their shares.
Evraz along with Polymetal International, Petropavlovsk and Raven Property Group would be deleted from all FTSE's indexes during the March review, it said in a statement.
The move follows Russia's invasion of Ukraine, which it terms a 'special operation', after which Western nations imposed severe sanctions on the country, impacting many oligarchs with connections to companies based outside of Russia.
FTSE Russell said it had received feedback from its External Advisory Committees and market participants that trading in the shares was "severely restricted" as brokers refused to handle the securities, hitting market liquidity.
"Consequently, this will prevent index trackers from replicating the ongoing inclusion of these names within the FTSE Russell indices," FTSE Russell said.
LONDON, March 14 (Reuters) - Index provider FTSE Russell said on Monday it would delete four UK-listed, Russia-focused companies including Roman Abramovich's Evraz after many brokers refused to trade their shares.
Evraz along with Polymetal International, Petropavlovsk and Raven Property Group would be deleted from all FTSE's indexes during the March review, it said in a statement.
The move follows Russia's invasion of Ukraine, which it terms a 'special operation', after which Western nations imposed severe sanctions on the country, impacting many oligarchs with connections to companies based outside of Russia.
FTSE Russell said it had received feedback from its External Advisory Committees and market participants that trading in the shares was "severely restricted" as brokers refused to handle the securities, hitting market liquidity.
"Consequently, this will prevent index trackers from replicating the ongoing inclusion of these names within the FTSE Russell indices," FTSE Russell said.
OMG..Writing letters to your MPs lol quite funny!!
I do feel sorry for LTHs here but most here are just ambulance chasing at 60p and got stung!!..Just take it like grown people you gambled and lost,,even if Russia pulled out tomorrow sanctions will stay for years!!..Evraz will de list this from LSE
From RGRO
Further to the announcement of ROS AGRO PLC (Rusagro or the Company) on 28 February 2022 regarding the declaration of 2021 full year dividends in the amount of USD 256,954,882.32 and given that the Company has already paid interim dividends in the amount of USD 119,732,903.28, the outstanding amount for 2021 is USD 137,221,979.04 (USD 5.10 per share or USD 1.02 per GDR) (the "Outstanding 2021 Full Year Dividend"), the Company wishes to provide an update.
In the current circumstances, the Board of Directors ("the Board") no longer considers the payment of the Outstanding 2021 Full Year Dividend to be in the best interests of the Company and its shareholders. Given the uncertainties arising from the current situation in relation to Russia and Ukraine, the Board has decided to cancel the Outstanding 2021 Full Year Dividend.
New owner on sanctions list...Suspension coming