Fix Price plans to change jurisdiction from Cyprus to Kazakhstan – Kommersant
[ad_1]
Fix Price chain of stores (MOEX: FIXP) plans to redomicile from Cyprus to Kazakhstan. A shareholders meeting on this issue will be held on November 9. This was reported by the network’s press service (.pdf).
After the change of jurisdiction, the company plans to maintain the current program of global depositary receipts and listing on the London Stock Exchange, as well as the Moscow Exchange.
The Fix Price network re-registered the company from the British Virgin Islands to Cyprus in February 2022.
Fix Price receipts are growing against the backdrop of this news. By 17:59 on the Moscow Exchange, the company’s depositary receipts rose to 372 rubles. (+4.2%). The maximum transaction amounted to 379 rubles. (+6.2%); trading volume exceeded 227 million rubles.
[ad_2]
Source link
