NORNICKEL DISCONTINUES DISCLOSURE VIA PRIMARY INFORMATION PROVIDER
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MMC Norilsk Nickel (MNOD)
PRESS RELEASE Public Joint Stock Company «Mining and Metallurgical Company «NORILSK NICKEL» (PJSC «MMC «NORILSK NICKEL», «Nornickel» or the «Company»)
NORNICKEL DISCONTINUES DISCLOSURE VIA PRIMARY INFORMATION PROVIDER Moscow, April 14, 2023 – PJSC MMC Norilsk Nickel, the world’s largest producer of palladium and high-grade nickel and a major producer of platinum and copper, announces that its provider of press release publication services in line with UK Market Abuse Regulation (“UK MAR”) and the Admission and Disclosure Standards of the London Stock Exchange (the “Standards”) will cease to service companies incorporated in Russia. Having found no alternative provider, starting from April 17, 2023, the Company will cease to release regulatory information or publish other information in the manner and following the procedures required by UK MAR and the Standards. The Company will continue to disclose regulatory information on its website: nornickel.com.
ABOUT THE COMPANY MMC Norilsk Nickel is a diversified mining and metallurgical company, the world’s largest producer of palladium and high-grade nickel and a major producer of platinum and copper. The company also produces cobalt, rhodium, silver, gold, iridium, ruthenium, selenium, tellurium and other products. The production units of Norilsk Nickel Group are located at the Norilsk Industrial District, on the Kola Peninsula and Zabaykalsky Krai in Russia as well as in Finland. MMC Norilsk Nickel shares are listed on the Moscow and on the Saint-Petersburg Stock Exchanges.
Media Relations: Investor Relations: Phone: +7 (495) 785 58 00 Phone: +7 (495) 786 83 20 Email: [email protected] Email: [email protected]
Dissemination of a Regulatory Announcement, transmitted by EquityStory RS. The issuer is solely responsible for the content of this announcement. |
| ISIN: | US55315J1025 |
| Category Code: | MSCU |
| TIDM: | MNOD |
| LEI Code: | 253400JPTEEW143W3E47 |
| Sequence No.: | 237098 |
| News ID: | 1608363 |
| End of Announcement | EquityStory RS News Service |
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Norilsk Nickel ADR Stock
The community is currently still undecided about Norilsk Nickel ADR with 1 Buy predictions and 0 Sell predictions.
Based on the current price of 14.96 € the target price of 33 € shows a potential of 120.59% for Norilsk Nickel ADR which would more than double the current price.
