Less Ads, More Data, More Tools Register for FREE

Pin to quick picksEn+ Group S Regulatory News (ENPL)

Share Price Information for En+ Group S (ENPL)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 7.00
Bid: 6.70
Ask: 7.10
Change: 0.00 (0.00%)
Spread: 0.40 (5.97%)
Open: 7.00
High: 11.96
Low: 11.96
Yest. Close: 7.00
ENPL Live PriceLast checked at -
  • This share is an international stock.

Watchlists are a member only feature

Login to your account

RNS Alerts are a premium feature

Login to your account

myTerminal is a premium feature

Login to your account

Don't have an account? Click here to register.

EN+ Group PLC - EN+ GDRs clearing and settlement normalised

Wed, 30th Jan 2019 08:09

RNS Number : 5154O
EN+ Group PLC
30 January 2019
 

EN+ GROUP PLC announces that clearing and settlement in its GDRs has recommenced on a normalised basis

30 January 2019 - EN+ GROUP PLC (the "Company", "En+ Group" or, together with its subsidiaries the "Group"), (LSE: ENPL; MOEX: ENPL), a leading international vertically integrated aluminium and power producer, announces that clearing and settlement in its Global Depositary Receipts ("GDRs") has recommenced on a normalised basis.

Following the Office of Foreign Assets Control's ("OFAC's") lifting of sanctions on the Company, UC RUSAL PLC and JSC EuroSibEnergo on 27 January 2019, the Company announces the following updates:

1.   The Financial Conduct Authority ("FCA") has lifted the suspension of listing from the Rule 144A GDRs.

2.   Euroclear Bank SA/NV ("Euroclear") has reopened settlement on the Company's Regulation S GDRs. Euroclear has advised that to send settlement instructions relating to securities for which sanctions have now been lifted, investors may follow their regular settlement process.

3.   Clearstream Banking AG ("Clearstream") has announced that, subject to relevant agents or depositories processing such instructions, Clearstream will again accept and process settlement instructions in the normal way for the Company's Regulation S GDRs, without the requirement for confirmations or representations.

4.   Citibank N.A. ("Citi"), the Company's Depositary, has announced that Citi's books are open for the issuance and cancellation of the Company's Regulation S and Rule 144A GDRs.

 

 For further information, please contact:

   For media:

For investors:

   Tel: +7 495 642 79 37

   Email: press-center@enplus.ru

   Andrew Leach

   Tel: +44 (0) 20 7796 4133

   Email : ENplus@hudsonsandler.com

   Hudson Sandler LLP

Tel: +7 (495) 642 7937

Email: ir@enplus.ru

Citi Depositary Receipt Services

Tel: +1-212-723-5435

Email: citiadr@citi.com

 

***

This announcement may include statements that are, or may be deemed to be, "forward-looking statements". These forward-looking statements may be identified by the use of forward-looking terminology, including the terms "believes", "estimates", "plans", "projects", "anticipates", "expects", "intends", "may", "will" or "should" or, in each case, their negative or other variations or comparable terminology, or by discussions of strategy, plans, objectives, goals, future events or intentions. Forward-looking statements may and often do differ materially from actual results. Any forward-looking statements reflect the Company's current view with respect to future events and are subject to risks relating to future events and other risks, uncertainties and assumptions relating to the Group's business, results of operations, financial position, liquidity, prospects, growth or strategies.  Forward-looking statements speak only as of the date they are made.

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
END
 
 
MSCGIGDBRGXBGCG
Date   Source Headline
6th Apr 20201:12 pmRNSEN+ UPDATE ON THE DELISTING OF ITS GDRS FROM MOEX
3rd Apr 20205:45 pmRNSDirector/PDMR Shareholding
27th Mar 20207:00 amRNSEN+ GROUP FY 2019 FINANCIAL RESULTS
28th Feb 20207:00 amRNSEN+ ANNOUNCES 4Q AND FY 2019 OPERATIONAL RESULTS
25th Feb 20207:00 amRNSEN+ AGREED CERTAIN FEE WAIVERS WITH CITIBANK, N.A.

Login to your account

Don't have an account? Click here to register.