PJSC Magnitogorsk Iron and Steel Works: MMK notifies about actions under newly introduced regulations for depositary receipts programmes of Russian issuers
PJSC Magnitogorsk Iron and Steel Works: MMK notifies about actions under newly introduced regulations for depositary receipts programmes of Russian issuers
- PJSC Magnitogorsk Iron and Steel Works: MMK notifies about actions under newly introduced regulations for depositary receipts programmes of Russian issuers
Dissemination of a Regulatory Announcement, transmitted by EQS Group. - PJSC Magnitogorsk Iron & Steel Works ("MMK", or "the Group") (MOEX: MAGN; LSE: MMK) notifies about actions under newly introduced regulations for depositary receipts programmes of Russian issuers.
- 114-FZ"), which obliges Russian issuers to stop issuing and/or trading of depositary receipts and underlying ordinary shares of Russian issuers.
- Provisions of the Federal Law regarding the depositary receipts will come into force on 27 April 2022 (the "Effective Date").