RUSAL (00486): The court rejected Sual's application to convene a special general meeting of the company's shareholders.
06/04/2025
GMT Eight
RUSAL (00486) announced that, as disclosed in previous announcements, in November 2024, the company's major shareholder "SUAL Partners" ILLC (Sual) initiated arbitration proceedings against the company in the Kaliningrad Regional Arbitration Court, seeking confirmation that the resolution of the company's board of directors regarding the holding of a special shareholders' meeting is invalid.
The Kaliningrad Regional Arbitration Court ruled on April 2, 2025, dismissing Sual's application to convene a special shareholders' meeting.