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17 May

NLMK, Nornickel receive permission to continue foreign listing

NLMK says the Russian government foreign investment commission has approved the company’s request to continue trading NLMK depositary receipts abroad. Common shares recorded as depositary receipts will continue to provide voting rights, and dividends on such shares will be accrued, the firm observes. The holders of depositary receipts will retain the right to convert their receipts into common shares. On 27 April, Russia voted through a bill …
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Svetoslav Abrossimov  |  Bulgaria
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