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LONDON – Russian steel giant Evraz’s London-listed shares have been temporarily suspended by Britain’s financial regulator after top shareholder Roman Abramovich was sanctioned by Britain, a notice from the London Stock Exchange shows.

The Financial Conduct Authority has temporarily suspended the London listing from 11:00 GMT on Thursday “in order to protect investors pending clarification of the impact of the UK sanctions”, the LSE’s notice said.
Evraz shares fell 16% after the Abramovich sanctions announcement. 

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