Polyus stops disclosure according to LSE rules
MOSCOW. June 15 (Interfax) - The primary information provider of PJSC Polyus , RNS has stopped providing services to the company, Russia's biggest gold producer reported.
Polyus said it has made inquiries to other primary information providers authorized by the Financial Conduct Authority, but has not received consent from any of them to provide services to the company.
Thus, as of June 14 the company "will be unable to disclose regulatory information or publish other information in the manner required by the UK Market Abuse Regulation, Disclosure Guidance and Transparency Rules and Listing Rules of the London Stock Exchange," Polyus said.
The company said it will continue to disclose regulatory information on its website.
The United Kingdom, as well as the United States and Australia imposed sanctions against Polyus in mid-May.
Polyus mines hard rock and alluvial deposits in Krasnoyarsk Territory, Irkutsk and Magadan regions and Yakutia. The miner's largest shareholders are the Fund for Support of Islamic Organizations with 46% and Akhmet Palankoyev's Akropol Group with almost 30%.