MOSCOW, Jun 22 (PRIME) -- Gold mining company Nordgold, controlled by Russian businessman Alexei Mordashov, has decided to postpone an initial public offering (IPO), the company said in a statement on Tuesday.
Nordgold planned to get listing on the London Stock Exchange (LSE) at the end of June. Moreover, the company’s common shares were admitted to trading on the Moscow Exchange under the ticker NORD.
The company planned to have a free-float of at least 25% after the placement.
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