20
Dec
17:23
Deutsche Bank cancels NLMK's DRs
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NLMK Group's depositary receipt (DR) programme for common shares held by Deutsche Bank is to be terminated on 18 January, following a decision by the depositary bank (Deutsche Bank Trust Company Americas) to terminate the agreement, the steelmaker says in a statement. The statement informing of the cancellation was also filed by the bank, Kallanish notes.
The move, apparently directly affected by, but not alluded to, western sanctions applied to Russia in…
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