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Russia’s Polyus considering placing GDRs in London says CEO

Russia’s largest gold producer Polyus is considering placing global depository receipts (GDRs) in London in the future, its chief executive said on Friday, less then a year after it left the London market. Polyus, controlled by the family of Russian tycoon Suleiman Kerimov, delisted shares of its Jersey-registered parent company from the London Stock Exchange (LSE) in late 2015 amid Western sanctions imposed on Moscow.