Petropavlovsk Plc, which operates gold deposits in Russia, has analyzed a potential secondary public offering (SPO) on the Moscow Exchange.
“Petropavlovsk notes recent press speculation regarding a dual listing on the Moscow Stock Exchange and can confirm that it has undertaken analysis of potential for a secondary listing in Moscow. In this respect, the company is continuing to review the legal and regulatory framework, although there can be no certainty that any such dual-listing will proceed at this time,” the company said.
Petropavlovsk already has listing in London. (Prime/Ukrainian metal)