London Stock Exchange to exempt Ukrainian companies from listing service fees in 2024

MOSCOW. June 22 (Interfax) - The London Stock Exchange (LSE) will cancel next year listing service fees for Ukrainian companies and for government-guaranteed bonds with a fixed income, London Stock Exchange Group CEO David Schwimmer said.

"We are currently engaged in discussions about a proposed international financial center in Kiev. For this organization to join major cities in the global alliance of international financial centers," Ukrainian media quoted Schwimmer as saying in a statement at the Ukraine Recovery Conference in London.

The LSE is holding negotiations with Ukraine's National Securities and Stock Market Commission on expanding potential in terms of support of local capital markets and Ukraine-London dual listing, he said.

"In this context, we expect to help as soon as possible to play a role in bringing capital to public markets to help restore Ukraine," he said.

Public markets may play a key role in raising private capital, both shareholders' and debt capital, to fund Ukraine's recovery, Schwimmer said.

Before the crisis, the LSE had very actively cooperated with Ukrainian companies and the Ukrainian economy, Schwimmer said, adding that nine Ukrainian companies and the same number of Ukrainian companies' bonds are currently listed on the exchange.