Nordgold leaves Moscow Exchange without carrying out secondary offering

MOSCOW. July 1 (Interfax) - Russian gold miner Nordgold, which has been subject to blocking sanctions since June 2, is leaving the Moscow Exchange a year after gaining access to trading.

The common shares of Nordgold were excluded from the Level Three listing on June 30 at the company's request, the exchange reported.

Nordgold was accepted for trading on the Moscow Exchange in early June 2021 under the ticker NORD. Back in the spring of last year the company announced an offering on the London Stock Exchange and Moscow Exchange, but at the end of June it announced that it had decided to postpone the offering on the LSE and secondary listing on the Moscow Exchange, for which it had received access to trading.