Does anyone else have the misfortune of purchasing this ADR, Headhunter Group PLC which operates a staffing company in Russia? The shares were bought Feb 2022 and have been frozen from trading since the invasion of Ukraine, so I have been unable to sell the shares for going on 2 years, now Interactive Brokers is forcing me to liquidate the shares for nothing unless I can find another broker to transfer the shares to. Does anyone hold the shares in an account somewhere if so can I please get the name of the broker that will accept the transfer of the shares or if you have any information it would be greatly appreciated.
I can’t help you, but Fidelity is allowing me to keep my ADRs in another Russian company, Mechel, even though they’re untradeable. Interactive Brokers are terrible about doing strange stuff with corporate/government actions. I’m currently having a serious issue with them because of BETS.B, a Swedish gaming company that is doing a weird dividend distribution via a split; IB has frozen my position.
Yuval thank you for the information.
To make matters worse the shares are held within a registered account so even if Interactive Brokers would allow me to transfer to my investment/margin account it would be considered a RRSP withdrawal and I would have to pay tax on what may be worthless shares without being able to claim a loss. The annoying part is the way they are making me dispose of them that I will never have the opportunity to sell the shares even if they do become tradable in the future.