UK earnings, trading statements calendar - next 7 days
12th Oct 2022 15:57
Petropavlovsk PLC - Russian gold miner - Alongside administrators, agrees to sell its subsidiaries in Russia to UMMC-Invest JSC. Read More
Petropavlovsk PLC - Russian gold miner - Court appoints Allister Manson, Trevor Binyon and Jo Rolls of Opus Restructuring as administrators of the company, with immediate effect. Board no longer has decision-making powers, with the day-to-day running of the company now in the hands of the administrators. Also Petropavlovsk 2010 Ltd's application for cancellation of USD125 million 8.25% guranteed convertible bonds due 2024 becomes unconditional. Read More
(Alliance News) - Petropavlovsk PLC shares on Tuesday were suspended from trading in London as it unveiled plans to file for administration. Read More
Petropavlovsk PLC - London-based gold producer - Says a sum of USD157,880 and a coupon payment of around USD680,625 became due on June 27 and July 3, respectively, in relation to its USD125 million 8.25% guaranteed convertible bonds due 2024. Roughly USD33 million of the bonds are still outstanding in total. Updates its events of default notice from April 29 to include these sums. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and Friday and not separately reported by Alliance News: Read More
Petropavlovsk PLC - Russian gold producer - Says listing on Moscow Exchange will be re-classified to level 3 from level 1 starting Tuesday. "It is usual practice for MoEx shares listed by a non-domestic issuer to be assigned to one of three different levels, with companies included as part of level 3 considered as satisfying only basic listing requirements," it says. This means only qualified retail investors will be allowed to buy its shares on Moscow Exchange, while pension funds will be "forbidden" from buying the stock. Read More
(Alliance News) - Petropavlovsk PLC shares tanked on Tuesday after the beleaguered Russian gold miner cautioned it will be unable to pay a key term loan and said it has missed the most recent coupon payment for a guaranteed notes issue. Read More
Petropavlovsk PLC - London-based gold mining company with operations in Russia - Says its revolving credit facilities have been moved to Nordic LLC from Gazprombank. Says it is unable to pay the USD12.4 million coupon due on May 14 in respect of the USD500 million 8.125% guaranteed notes issued by Petropavlovsk in 2016. Explains that this is a result of its inability to extract cash from its Russian subsidiaries in the current environment, as well as the acceleration of its USD201 million term loan. Continues to contemplate the sale of its subsidiaries to settle its debt. Read More
(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Thursday. Read More
(Alliance News) - Petropavlovsk PLC on Thursday said it has received a waiver from Gazprombank to sell gold to third parties and has found new gold buyers. Read More
(Alliance News) - Petropavlovsk PLC on Friday announced it is defaulting on loan repayments that are owed to Moscow-based Gazprombank, which is on the UK sanctions list following Russia's invasion of Ukraine. Read More
(Alliance News) - Stocks in London ended firmly in the red on Friday after the head of the US Federal Reserve all but confirmed an aggressive interest rate hike path, amid concerns the central bank is "behind the curve". Read More
(Alliance News) - Blue-chip indices in Europe were in the red around midday on Friday, with further losses seen in New York, as America's central bank gave its biggest hint yet that big interest rate hikes are in the near future. Read More
(Alliance News) - Petropavlovsk PLC on Friday said its first-quarter production has increased, despite the fallout from the war in Ukraine, but noted that it has seen sales fall as it searches for new buyers. Read More
(Alliance News) - Wall Street's late rout on Thursday, leading to a rough session in Asia, spilled over to Europe on Friday morning, with a negative start to trading as the US Federal Reserve doubles down on surging inflation. Read More
(Alliance News) - Stocks in London look set to end the shortened trading week on the back foot, after the US Federal Reserve gave its clearest indication yet that it will move aggressively to combat rampant inflation. Read More