RE: Russian court suspends corporate rights in steel producer Evraz's Russian unit22 Jul 2025 21:18
Actually good news if you have a certificate
"EVRAZ plc (the “Company”) informs that on July 22, 2025, the Arbitration Court of the Moscow Region decided to suspend EVRAZ plc’s corporate rights in respect of EVRAZ NTMK under the Law No. 470-FZ dd August 04, 2023 on Economically Significant Organizations (the “ESO law”). This decision is subject to immediate execution.
In light of this, EVRAZ plc shareholders can (or, for Russian residents, must) directly own shares in EVRAZ NTMK, following the rules set by the ESO law. EVRAZ plc plans to appeal this decision."