Hold off investments: company postponing future planned investment/development/marketing while continuing substantive business
Wait Pausing Investments
Polymetal
Polymetal
Polymetal International plc is an Anglo-Russian precious mining company registered in Saint Helier, Jersey. It is listed on the London Stock Exchange and Moscow Exchange.
Hold off investments: company postponing future planned investment/development/marketing while continuing substantive business
Wait Pausing InvestmentsThe Company Statement
July 19, 2022
Polymetal plans to sell russian assets to avert sanctions risk. The company confirmed it is considering moving its parent company’s domicile and primary listing, currently in Jersey and London respectively, to “Russia-friendly” Kazakhstan.
| January 25, 2023 | Polymetal shares plummet 30 per cent as miner weighs up London exit to ‘Russian-friendly’ Kazakhstan |
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