Fix Price Group PLC to Cancel GDRs Listing on London Stock Exchange

On 19 July 2024, Fix Price Group PLC, a leading variety value retailer, announced its intention to remove its global depositary receipts (GDRs) from the London Stock Exchange (LSE). The company cited the suspension of the GDRs’ trading since 3 March 2022, with no signs of resumption, as the reason for this decision. The cancellation will take effect from 19 August 2024.

Despite this move, the company confirmed the continuation of its GDR listing on the Astana International Exchange under the symbol "FIXP.Y". As the largest variety value retailer in Russia and a significant player globally, Fix Price remains committed to its other markets.