| For immediate release | 7 October 2024 |
Globaltrans Investment PLC[1]
Globaltrans files for delisting
from Moscow Exchange
Globaltrans Investment PLC (the "Company" and together with its consolidated subsidiaries "Globaltrans" or the "Group") hereby announces that on 7 October 2024 it has submitted an application to delist its global depositary receipts (ticker: GLTR; ISIN: US37949E2046) (GDRs) from the Moscow Exchange (MOEX).
The delisting application was filed in accordance with the decision of the Company's Board of Directors dated 13 September 2024, which, among other things, involves the voluntary delisting of the Company's GDRs from MOEX, SPB Exchange (SPBE)[2] and the London Stock Exchange (LSE), as well as the listing on the Astana International Exchange (AIX). These actions are aimed at streamlining the Company's listing structure and maintaining a fully operational sole trading platform where the GDRs of the Company will be listed.
ENQUIRIES
For investors
Mikhail Perestyuk / Daria Plotnikova
+971 2 877 6840
For media
Anna Vostrukhova
+971 2 877 4166
EM
LEGAL DISCLAIMER
Information contained in this announcement concerning Globaltrans Investment PLC, a company organised and existing under the laws of the Abu Dhabi Global Market (the "Company" and together with its consolidated subsidiaries "Globaltrans" or the "Group") is for general information purposes only. The statements and any opinions presented herein are based on general information gathered at the time of writing and are subject to change without notice.
None of the Company nor any of its shareholders, directors, officers or any other person accepts any liability whatsoever for any loss howsoever arising from any use of the contents of this announcement or otherwise arising in connection therewith. This announcement does not constitute an offer or an advertisement of any securities in any jurisdiction. The distribution of this announcement in other jurisdictions may be restricted by law and any such restrictions should be observed.
This announcement may contain forward-looking statements regarding future events. You can identify forward looking statements by terms such as "expect", "believe", "estimate", "anticipate", "intend", "will", "could", "may", or "might", the negative of such terms or other similar expressions. These forward-looking statements include matters that are not historical facts and statements regarding the Company's intentions, beliefs or current expectations. By their nature, forward looking statements involve risks and uncertainties, because they relate to events and depend on circumstances that may or may not occur in the future. The Company cautions you that forward-looking statements are not guarantees of future performance and that Globaltrans' actual results of operations, financial condition, liquidity, prospects, growth, strategies and the development of the industry in which Globaltrans operates may differ materially from those described in or suggested by the forward-looking statements contained in this announcement.
In addition, even if Globaltrans' results of operations, financial condition, liquidity, prospects, growth strategies and the development of the industry in which the Company operates are consistent with the forward-looking statements contained in this announcement, those results or developments may not be indicative of results or developments in future periods. Unless otherwise set out herein, the Company does not intend to update this announcement or reflect events and circumstances occurring after the date hereof or to reflect the occurrence of unanticipated events. Many factors could cause actual results to differ materially from those contained in forward-looking statements of Globaltrans, including, among others, general economic conditions, the competitive environment, risks associated with operating in Russia, market changes in the Russian freight rail market, as well as many of the risks specifically related to Globaltrans and its operations. No reliance may be placed for any purposes whatsoever on the forward-looking statements contained in this announcement.
[1] The suspension of trading in the Company's global depositary receipts (GDRs) on the London Stock Exchange remained in place as of the date of publication.
[2] Non-sponsored listing. The Company has not taken any actions to obtain a listing on SPBE.
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