Uralkali considers delisting from LSE as H1 profits rise
Published: Tuesday, 25 August 2015
The Russian potash miner said it no longer considers its London listing a strategic priority, as it works to deal with market challenges and seeks to reap the benefits of a single Moscow listing. Meanwhile, a weaker rouble boosted the miner’s bottom line amid challenging market conditions.
London and Moscow-listed potash producer Uralkali OAO today
announced that following a review of the benefits of listing
its gross depository receipts (GDR), it no longer considers the
listing of its GDRs on the London Stock Exchange (LSE) a