Evraz - EVR - Share Chat

The dividend has been cancelled, see here:

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hypothetically

Does anyone know what would happen to our shares, from a broker point of view, if Evraz delisted from LSE?
Freetrade already use the NYSE so would our shares just be concerted to $?
For me, if it got to the stage where i couldnt sell them on freetrade id still quite like them on there just so i could see them

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I have some shares of an unlisted company in my freetrade account. I got them as part of a demerger.

They show up but don’t have any price info attached to them, just the number of shares with value set to £0.

I don’t know if a delisted evraz would be treated the same but it is possible for FT to have shares of unlisted companies sitting in a portfolio.

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No longer able to sell this, used to be sell only

Its been suspended.
Thats buy and sell

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It’s likely that they would move to the Moscow stock exchange and would effectively become untradable. Certainly for the foreseeable, if not indefinitely, I think it’s a case of writing off any money held in Evraz.

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I suppose you only have a truly diversified portfolio if you have some suspended stocks! :crazy_face:

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Possibly/probably this is sunk money however there are parts of the company that operate in the US, Canada, Italy and Ukraine so some value may remain in the future.

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If the company is listed in Moscow you’ll not be able trade your shares as Freetrade don’t support Russian exchanges. Given the sanctions and situations it’ll be a while until they do.

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If the company does choose to move markets, do the pink tickets automatically move too? I understand freetrade doesn’t support Russian markets but I’m sure everybody that invested via freetrade would like some informative support.

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This will be a bridge that is crossed if and when it happens. As a globally minded company moving to the Russian exchange would limit their ability to raise capital in a huge way.

I think it’s reductive to simply put “Large Russian Shareholders” & “The Moscow exchange together”. There is a reason when ever anyone makes any money in Russia it’s immediately taken out of the country.

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Will have to wait and see now :joy::joy:

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:ru::ru::ru:

Pretty sure the payment went through the next day. Evraz paid on time but the money was being held up by a middle man

Yeah, but try that excuse paying your leccy bill.

As far as SG is concerned, they didnt get the payment.
What happend now is anyones guess though

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They released an RNS stateing that the money made it to where ever it was intended

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Did we get an EVRAZ dividend payment? I didn’t get one. Is it me?

It was cancelled, no one got one.