The Ukrainian Metal

Ukraine: PGOK shares frozen again

Pechersk District Court of Kyiv has again set limitations on 50.3% of Poltava Mining and Processing Works shares.

“The shares belong to Ferrexpo AG Switzerland, the sole shareholder of Ferrexpo Poltava Mining. Ferrexpo AG will soon appeal this move”, Ferrexpo plc has announced.

The new court decision is similar to the one dated January 31, afterwards cancelled by the Kyiv Court of Appeals on June 2. (Ukrainian metal)

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