Russia's Ozon intends to stay public as Nasdaq starts delisting process

MOSCOW : Russian e-commerce firm Ozon intends to remain a public company, it said on Thursday, after being informed that the Nasdaq stock exchange planned to delist its securities.

"Going forward, and in any scenario, we act in the interests of our investors," Ozon said in a statement."We have of course been looking at various listing options since February 2022, when trading on Nasdaq was suspended and we definitely plan to maintain a listing on Moscow Exchange." "We believe that we have been and remain in full compliance with all applicable reporting obligations and qualitative and quantitative listing criteria of the exchange and met all additional requests for disclosure by the exchange since the suspension of trading on February 28, 2022," Ozon said late on Wednesday.

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Nasdaq tells Yandex, other Russian firms of plan to delist stocksMOSCOW :The Nasdaq stock exchange has informed Russian Internet giant Yandex and e-commerce firm Ozon that their stocks will be delisted, the companies said on Wednesday, more than a year after trading in their securities was suspended. Nasdaq suspended trading in the securities of a number of companies opera
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Nasdaq to delist Russian internet giant Yandex: CompanyThe Nasdaq stock exchange has informed Russian internet giant Yandex that its stock will be delisted, Yandex said on Wednesday, over a year after trading in its securities was first suspended. Nasdaq suspended trading in the securities of a number of companies operating in Russia days after Moscow despatch
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