Russian gold miner Uzhuralzoloto plans June share issue

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MOSCOW, June 20 (Reuters) - Russian gold miner Uzhuralzoloto (UGC) UGLD.MM will hold a secondary public offering (SPO) on Moscow Exchange in June, the company said on Thursday. UGC said it would issue 2-4% of its total number of shares at a price of no more than 0.84 roubles per share. The company raised 7 billion roubles ($78 million) in Moscow Exchange's second-largest initial public offering (IPO) in 2023 at a price of 0.55 roubles per share. (Reporting by Reuters Editing by David Goodman )
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Published Date
20 Jun 2024 at 2:45 PM
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Refinitiv
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