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    Fix Price Group PLC  133  0 Kommentare FIX PRICE NOTIFIES ITS SHAREHOLDERS THAT IT HAS RECEIVED A RESIGNATION NOTICE FROM THE DEPOSITARY BANK

    Für Sie zusammengefasst
    • Fix Price Group PLC received resignation notice from depositary bank
    • Bank of New York Mellon remains depositary bank for now
    • Company assessing implications and exploring options for GDR program

    Fix Price Group PLC (FIXP)
    Fix Price Group PLC: FIX PRICE NOTIFIES ITS SHAREHOLDERS THAT IT HAS RECEIVED A RESIGNATION NOTICE FROM THE DEPOSITARY BANK

    14-Jun-2024 / 19:30 MSK



    Fix Price notifies its shareholders that it has received a resignation notice from the depositary bank

     

    14 June 2024, Limassol, CyprusFix Price Group PLC (LSE and MOEX: FIXP, AIX: FIXP.Y, “Fix Price”, the “Company” or the “Group”), one of the leading variety value retailers globally and the largest in Russia, notifies its shareholders that it has received a resignation notice from the depositary bank, the Bank of New York Mellon (hereinafter “BNY”), in respect to the Group’s global depositary receipts (GDRs) program (Regulation S, ISIN: US33835G2057; 144 A, ISIN: US33835G1067).

    The resignation notice does not imply the immediate termination of the GDR program. BNY currently remains the depositary bank for the Group’s GDRs. BNY gave the Company until 19 August 2024 to appoint a potential successor depositary bank. In case such a successor is not appointed, BNY will terminate the program no sooner than 90 days from the date of notice to GDR holders of such termination.

    The Company is currently assessing the implications of BNY’s resignation, including the ones for the listing of the GDRs on the London Stock Exchange, Astana International Exchange and the Moscow Exchange, as well as actively exploring possible options. Fix Price remains strongly committed to protecting the rights and ensuring the interests of all its shareholders. The Company will announce its decisions made in regard to this matter in due course.

     

     

     

    About the Company

    Fix Price (LSE and MOEX: FIXP, AIX: FIXP.Y), one of the leading variety value retailers globally and the largest in Russia, has been helping its customers save money every day since 2007. Fix Price offers its customers a unique and constantly updated assortment of non-food goods, including personal care and household products, and food items at low fixed price points.

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    Fix Price Group PLC FIX PRICE NOTIFIES ITS SHAREHOLDERS THAT IT HAS RECEIVED A RESIGNATION NOTICE FROM THE DEPOSITARY BANK Fix Price Group PLC (FIXP) Fix Price Group PLC: FIX PRICE NOTIFIES ITS SHAREHOLDERS THAT IT HAS RECEIVED A RESIGNATION NOTICE FROM THE DEPOSITARY BANK 14-Jun-2024 / 19:30 MSK Fix Price notifies its shareholders that it has received a resignation …

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