Russia's Globaltrans railway operator announced that its Board of Directors unanimously approved the following decisions at its meeting:The Listing Of The Company’S Global Depository Receipts (Gdrs) On The Astana International Exchange (Aix). The Move Will Preserve The Gdrs’ International Listing While Mitigating Infrastructure Risks For All Shareholders.The Voluntary Delisting Of The Company’S Gdrs From The London Stock Exchange (Lse), Moscow Exchange (Moex) And Spb Exchange (Spbe).The Company Will Make Additional Disclosures On The Exact Timing Of The Submission Of Applications For The Aix Listing And The Lse, Moex And Spbe Delistings, As Well The Listing And Delistings..An Extraordinary General Meeting Of Shareholders (Egm) Was Called For 30 September 2024 To Consider And, If Thought Fit, Approve A Recommended Tender Offer For The Company’S Gdrs Held Through The National Settlement Depositary (Nsd) And Spb Bank For Up To The Total Number Of Such Gdrs Then In Issue At A Price Of 520 Roubles Per Gdr.The Price Represents A 10% Premium To The 12 September 2024 Closing Price Of The Main Trading Session On Moex.Further Company Coverage: Gltrdr.Mm. (Reporting By Gleb Stolyarovwriting By Maxim Rodionovediting By Louise Heavens). ((Maxim.Rodionov@Thomsonreuters.Com;)).
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