• 09/21/2024

BNY Mellon intends to terminate depositary agreement for Russian retailer’s GDR program

Disclaimer: TASS is Russian government propaganda, and not a reliable news source.

The company has 90 days after receiving the resignation notice to appoint a new depositary and at least 90 days to terminate the program if no successor is appointed

https://tass.com/economy/1774595