Polymetal Strikes FTSE Gold
So Polymetal International will squeeze into the FTSE 100 after all. The Russian gold miner has managed to raise GBP490.8 million in an offer of new shares. At 920 pence per share, that priced the share offer close to the bottom of the indicative 910p-1035p range. The capital hike raised just enough to enable Polymetal to squeak over the qualification line for inclusion in the FTSE 100 after the FTSE’s next review in early December. Its free float will be 50.7% including global Read more [...]