Amsterdam, 2 April 2024 – X5 Retail Group N.V. (“X5” or the “Company”, LSE and MOEX ticker: FIVE), which operates the Pyaterochka, Perekrestok and Chizhik retail chains, announces that the Moscow Exchange will suspend X5 DRs trading from April 5.
Suspension of trade is related to the court proceedings initiated by the Ministry of Industry and Trade against X5 on 29 March 2024. From 1 April the Company’s DRs cannot be used to open short positions, and from 5 April any transaction will be unavailable, the Moscow Exchange said.