Trading in Highland Gold Mining shares on the LSE will be closed from November 19, 2020. The decision on delisting was made at the request of Fortiana Holdings Limited, owned by Vladislav Sviblov, who as a result of the offer gets control over 79.62% of the gold miner. The Company recommends its shareholders to accept Fortiana's offer to repurchase the secur...

Duncan Baxter, Senior Independent Director, and Denis Alexandrov, Chief Executive Officer of Highland Gold Mining, accepted the offer of Fortiana Holdings Limited to sell their gold mining shares, which amount to 0.005% and 0.004% of the share capital, respectively.

The owners of 143.97 million shares of Highland Gold Mining accepted the offer of Fortiana Vladislav Sviblov. The offer price is ₤3 per share and will be valid until November 3. As a result of the offer, Fortiana's share in the gold mining company will increase to 79.62%. As Fortiana will receive over 75% of Highland Gold, it plans to initiate delisting of t...

The IFRS net profit of Highland Gold Mining for 6 months of 2020 was $36.434 million, down 20.3% from $45.692 million in the previous year. Revenue increased 11.4% to $194.517 million, against $174.676 million in the previous year.