MOSCOW, March 6 Russian gold producer Nord Gold SE delayed the de-listing of its global depository receipts (GDRs) from the London Stock Exchange to March 16 from March 9, the company said on Monday.
The delay in the de-listing date was agreed in order to align it with the date upon which the tender offer for the GDRs closes.
Nordgold, which said last month it would de-list, said it believed its market capitalisation did not accurately reflect the true value of the company. (Reporting by Polina Devitt, writing by Dasha Afanasieva, editing by Denis Pinchuk)
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