22 Sep 2022 09:52

Polymetal considers re-domiciling to "friendly" jurisdiction

MOSCOW. Sept 22 (Interfax) - Polymetal , Russia's largest silver producer and one of the country's biggest gold miners, is continuing to evaluate all available options to modify its asset holding structure, the company said.

Possible transaction structures include, among others, "a potential re-domiciliation of the parent company, Polymetal International plc, to a "friendly" jurisdiction, a move which could unblock the ability to execute further corporate actions," the company said.

No decision has been made in relation to the various options available to the company, Polymetal said.