Hi Folks, T212 trading website says ‘The Instrument has been set in close-only mode by our intermediary’. However i see that i can still sell or buy shares in polymental. Is that normal? From what date will polymetal shares stop trading? Thanks Vinod

Update on 02.01.2024: [image] Corporate Events in January 2024 Polymetal International has been delisted.

The stock appears to be going to be delisted if the company gets re-domiciliated, although being traded regularly for the moment, @pinklot . However, the delisting is not confirmed yet, and we are closely monitoring the situation. We will provide any updates if such come up.

Thanks @Michael.M Are you able to provide options to shareholders, so would t212 support the redomiciled listing on another Exchange and transfer an existing holding or would we need to liquidate the holding prior to any future delisting from the LSE?

At the time of writing, the re-domiciliation is still in the proposition stage and not yet confirmed. We can’t speculate on the impact it may have on clients’ holdings if it gets confirmed. However, we’re keeping a close eye on the situation as it develops, so you can rest assured we’ll update you …

Re-domiciliation is now confirmed, how does this affect my holdings? will they be transferred to the new exchange, or will the positions be closed at current value?

If true @B.E @Bogi.H what’s T212 position?

We’re in communication with our intermediary as we speak. I’ll let you know what’s next as soon as I have more info.

@B.E Were you able to progress with your communication with the intermediary? We are eagerly waiting for an update. Thanks

Here’s the latest information we got: POLY on LSE will remain in close only, only sell orders are accepted by our Intermediary. As for the stock’s re-domiciliation to Kazakhstan, there are no confirmed corporate actions in that direction, and it currently remains listed on the LSE. With regards t…

Soo what is going to happen to the shareholders. Can we transfer our shares to other broker … can we hold the shares after delisting from the market as we are still shareholders .what are the options ?

Welcome to the Community, @Cristu :wave: [image] Cristu: Soo what is going to happen to the shareholders As the company remains listed on LSE, we can’t speculate on any future corporate events. However, we will make sure to update the thread as the situation develops further. [image] Cri…

Polymetal International

🤝 Help

B.E June 26, 2023, 2:29pm 27

Was just about to share that, but @Zrtz beat me to it. Anyway, yes - we have another update on the topic. Check this post or the above Help Centre article for more info

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Polymetal International

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