Uralkali to delist from LSE as revenues edge back
Published: Monday, 23 November 2015
A continued buyback programme has resulted in little free share float on the LSE; thus Uralkali has elected to delist from the exchange. Production edged down, meanwhile, owing to weak market sentiment and the continued effects of the Solikamsk II mine disaster.
Russia-based potash miner Uralkali OAO has
announced that it is to delist from the London Stock Exchange
(LSE) on the expected date of 22 December 2015.
The company first said that it was no longer considering the
maintenance of an LSE listing a "strategic priority" in August
2015, owing to the low...