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Russian e-commerce firm Ozon's ADS delisted from Nasdaq
Russian e-commerce firm Ozon says its American depositary shares have been delisted from Nasdaq. Ozon raised nearly $1 billion in an initial public offering (IPO) in late 2020. Trading in Ozon's securities on Nasdaq was suspended soon after Russia invaded Ukraine in February 2022.
Russian e-commerce giant to delist from US stock exchange Russian e-commerce firm Ozon will voluntarily delist from the US-based Nasdaq stock exchange. Nasdaq halted trading of Ozon shares last year after sanctions were imposed on Moscow. Ozon says it will continue to list its shares on the Moscow Stock Exchange (MOEX) and the Astana International Exchange (AIX)
Russian e-commerce firm Ozon notifies Nasdaq of... Russian e-commerce firm Ozon notifies Nasdaq of delisting intention. Ozon ended a near-three association with the U.S. exchange.
Russian e-commerce firm Ozon notifies Nasdaq of delisting intention Russian e-commerce firm Ozon said on Friday it had notified Nasdaq of its intention to delist its American depositary shares. Trading in Ozon's securities on Nasdaq was suspended soon after Russia despatched troops to Ukraine in February 2022. Ozon had twice appealed unsuccessfully against the delisting.
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EU lifts sanctions on Russian businessmen The European Council has revealed the identities of four Russians removed from its sanctions list. The EU will not extend restrictions against Russian businessman Grigory Berezkin, billionaire and former Federation Council member Farkhad Akhmedov, and former head of Russian e-commerce firm Ozon, Aleksandr Shulgin. Brussels also delisted Russian Army Colonel Georgy Shuvaev, who died in the autumn of 2022.
EU removes three Russian business leaders from... The deletion confirmed an earlier Reuters report. The EU removed Grigory Berezkin, billionaire Farkhad Akhmedov, and Alexander Shulgin, former head of Russian e-commerce firm Ozon.
EU to cease sanctions against three Russian businessmen... The trio are Russian businessman Grigory Berezkin, billionaire Farkhad Akhmedov and the former head of Ozon, Alexander Shulgin. The EU needs unanimity of all the bloc's 27 member states to impose sanctions.
EU to cease sanctions against three Russian businessmen... The European Union will not renew sanctions against three businessmen targeted over Russia's war against Ukraine. The trio are Russian businessman Grigory Berezkin, billionaire Farkhad Akhmedov and the former head of Ozon, a Russian e-commerce firm, Alexander Shulgin. Western governments have imposed sweeping economic sanctions, including Russian oil import bans, on Moscow for its invasion of Ukraine.
EU’s top court makes landmark Russian sanctions decision Aleksandr Shulgin will become the first Russian businessman to be removed from the bloc's individual sanctions list. The former head of Russian e-commerce firm Ozon featured on a blacklist in April 2022 as part of sanctions targeting Moscow following the beginning of its military operation in Ukraine.
Russian e-commerce firm Ozon loses latest appeal against Nasdaq delisting Ozon, one of Russia's top e-commerce companies, raised nearly $1 billion in an initial public offering (IPO) in late 2020. Trading in Ozon's securities on Nasdaq was suspended soon after Russia despatched troops to Ukraine.
Russian e-commerce firm Ozon loses latest appeal... Russian e-commerce firm Ozon loses latest appeal against Nasdaq delisting. Ozon raised nearly $1 billion in an initial public offering (IPO) in late 2020. Trading in Ozon's securities on Nasdaq was suspended after Russia despatched troops to Ukraine.
Russian e-commerce firm Ozon loses latest appeal against Nasdaq delisting Russian e-commerce firm Ozon said on Tuesday it had lost the latest appeal against the delisting of its American depositary shares (ADSs) from Nasdaq. Ozon raised nearly $1 billion in an initial public offering (IPO) in late 2020, a debut that sparked a mini-IPO boom for Russian firms.
Wagner merch soars in price after abortive mutiny Mercenary chief Yevgeny Prigozhin sent an armed convoy on a 1,200-km (750-mile) charge towards Moscow. A deal brokered by the leader of Belarus abruptly halted the mutiny late on Saturday. People have also been purchasing other regalia, such as keyrings, on Wildberries' rival Ozon.
Russia's Ozon lifts forecast for turnover on its... Russia's Ozon lifts forecast for turnover on its e-commerce platform. Ozon is currently appealing a decision by the U.S. Nasdaq exchange to de-list its shares. Its Moscow-listed depositary receipts were up 2.9% at 1024 GMT.
Russia's Ozon reports positive earnings for fourth... Russian e-commerce firm Ozon said on Wednesday that its adjusted earnings before interest, tax, depreciation and amortisation (EBITDA0) was in positive territory for the fourth quarter in a row. The company added that its gross merchandise value (GMV) grew 71% year-on-year to 303 billion roubles in the first quarter.
Russia's Ozon begins settling with bondholders in US... Russian e-commerce firm Ozon has started making payments in U.S. dollars and roubles to bondholders. Ozon is currently appealing a decision by the Nasdaq exchange to de-list its shares. The company has been negotiating with bondholders for months after it failed to redeem some bonds.
Russia's Ozon begins settling with bondholders in US dollars, roubles Ozon is currently appealing a decision by the U.S. Nasdaq exchange to de-list its shares. It failed to redeem some bonds to a group of holders last May, putting it at risk of default.
Russian e-commerce giant reports huge revenue jump Russian online retailer Ozon has reported impressive revenue growth for 2022, despite sanctions and a devastating fire. Total revenue leapt 55% year-on-year to 277.1 billion rubles ($3.4 billion), the company said in a statement. Ozon’s gross merchandise value (GMV), the total value of goods and services sold by the e-commerce giant, soared 86%.
Russia's Ozon reports 55% jump in 2022 revenue Russian online retailer Ozon on Thursday said its 2022 revenue jumped 55 per cent to 277.1 billion roubles ($3.4 billion) Costs related to a major fire a fulfilment centre pushed it to a larger annual loss. Ozon is Russia's second-largest online retailer, behind privately-owned Wildberries.
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