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Severstal initiates conversion of GDRs into ordinary shares

MOSCOW, Aug 15 (PRIME) -- Russia’s steel producer Severstal has initiated automatic conversion of its global depositary receipts (GDRs) into ordinary shares, the company said in a statement on Monday.

The company also said that mandatory conversion is possible for foreign investors at their request to the depository sent before October 12.

End

15.08.2022 14:42
 
 
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