Polyus Gold No Longer Pursuing London Move

Reuters reported that Polyus Gold (LSE:POLG) has decided not to move the company to London.

As quoted in the market news:

Currently domiciled in Jersey, Polyus had planned to make the move to London and increase its free float from the current 14 to 25 percent through a sale of shares, including treasury shares, which could have raised up to $800 million.

Click here to read the full Reuters report.