Russia’s largest gold producer Polyus has launched a secondary share offering (SPO) on the London Stock Exchange and the Moscow Exchange, offering 7% of its existing and new shares, the company said in a statement on Monday.
Polyus returns to the LSE after an absence of a year and a half. Global gold prices have risen 11% in 2017 and a consortium of Chinese investors has just agreed to become a minority shareholder in the company.
