Ferrexpo (LSE:FXPO), a producer and exporter of premium iron ore products, is pursuing a potential equity capital raise to support the group’s working capital and has delayed publication of its audited financial statements for the year ended 31 December 2025, prompting an expected suspension of listing and trading from 07:30 (UK) on 1 May.
The audit and the publication of the 2025 annual report will require execution of an appropriate funding solution in order for the financial results to be prepared on a going concern basis, Ferrexpo said.
The company described the proposed transaction only as a potential equity capital raise to support working capital without setting out amount, pricing, structure, participation or timetable.
Shares are expected to remain suspended until the audit is completed and the 2025 annual report and accounts are published.
