LSE to suspend Ferrexpo's listing from May 1: Company still in talks over a $100 mln capital increase
Ferrexpo, a Ukrainian-based mining company, has received indicative, non-binding expressions of interest from institutional investors for a potential capital increase of over $100 million. However, due to a lack of time to complete the increase and publish its 2025 financial results by the end of April, Ferrexpo’s board of directors has warned that the listing and trading of its shares on the London Stock Exchange will be suspended from 7:30 on May 1, 2026.
"At this stage, there is no certainty that the Group will successfully implement any financing decision. The planned fundraising, if implemented, will be the subject of a further announcement, including the full terms of the planned fundraising," Ferrexpo said in a stock exchange statement on Tuesday morning.