A Ukrainian court has limited 50.3% of Ferrexpo Poltava Mining (FPM) shares, belonging to Ferrexpo AG Switzerland, the only shareholder.
Ferrexpo AG says the arrest does not affect the ownership of the shares, but prohibits their transfer.
The group believes this is connected with issues of the company beneficiary Konstantin Zhevago and a company he owned until 2015. (Ukrainian metal)