Russia’s Petropavlovsk says considers Moscow Exchange SPO

MOSCOW, Feb 17 (PRIME) -- Petropavlovsk Plc, which operates gold deposits in Russia, has analyzed a potential secondary public offering (SPO) on the Moscow Exchange, the company said in a statement on Monday.

“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.

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