Given the ongoing events in Ukraine and the related sanctions and other response measures being imposed on Russia, The International Stock Exchange (TISE) has cancelled the listings of four bond Issuers with a material exposure to Russia to ensure the continued integrity of the market.
The listings of Ampersand Hotel Ltd, F R Holdings Ltd, Ozon Holdings PLC and Yandex N.V. have been cancelled by TISE with effect from 18:00 on 10 March 2022. Dealings in these securities were previously suspended on 3 March 2022.
Dealings in the securities of Raven Property Group Ltd and Baring Vostok Investments PCC Ltd remain suspended.
| Enforced cancellation of listings |
| Issuer Name | Security Class |
| Ampersand Hotel Ltd | GBP32,847,017.74 secured loan notes due 2038 |
| F R Holdings Ltd | GBP52,999,119.85 secured notes due 2038 |
| Ozon Holdings PLC | USD750,000,000 1.875 per cent. Convertible Bonds due 2026 |
| Yandex N.V. | USD1,250,000,000 0.75 per cent Convertible Notes due 2025 |
| (Continued) enforced suspension of dealings |
| Issuer Name | Security Class |
| Raven Property Group Ltd | Ordinary Shares of GBP0.01 each |
| Raven Property Group Ltd | Preference Shares of GBP0.01 each |
| (Continued) voluntary suspension of dealings |
| Issuer Name | Security Class |
| Baring Vostok Investments PCC Ltd | Redeemable participating preference USD0.00001 shares |