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LKOH Pjsc Lukoil

56.2184
0.00 (0.00%)
10 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Pjsc Lukoil LSE:LKOH London Ordinary Share RU0009024277 ORD RUB0.025
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 56.2184 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

PJSC LukOil Re Depositary Receipt Facilities of PJSC LUKOIL (4595K)

05/05/2022 10:39am

UK Regulatory


Pjsc Lukoil (LSE:LKOH)
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From May 2021 to May 2024

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TIDMLKOD

RNS Number : 4595K

PJSC LukOil

05 May 2022

PRESS RELEASE

May 05, 2022

ON DEPOSITARY RECEIPT FACILITIES OF PJSC LUKOIL

PJSC <<LUKOIL>> (hereinafter, the "Company") announces that the recently enacted Russian Federation law (Federal Law No. 114-FZ of April 16, 2022 (the "Law")), prohibits circulation outside of Russia of depositary receipts representing shares of Russian issuers, effective April 27, 2022. The Law requires Russian issuers to initiate termination of their depositary receipt facilities.

In accordance with the Law and the terms and conditions of the Company's American Depositary Receipt (hereinafter, "ADR") facilities, the Company advised Citibank N.A. of its intent to terminate its Level 1 ADR facility and Rule 144A ADR facility, effective December 30, 2022.

The Company also notified the FCA and the London Stock Exchange of its intent to cancel the listing and admission to trading of the ADRs (ISIN US69343P1057 and ISIN US69343P2048) and ordinary shares of PJSC LUKOIL (ISIN RU0009024277), effective June 6, 2022.

Note

ADR holders may convert their ADRs into ordinary shares of PJSC <<LUKOIL>> by December 30, 2022. Only persons who held ADRs as of April 27, 2022, are eligible for conversion of their ADRs into ordinary shares of PJSC <<LUKOIL>>.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

STRUPUQWAUPPUBA

(END) Dow Jones Newswires

May 05, 2022 05:39 ET (09:39 GMT)

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