Russian equities and government bonds are a thing of the past in P +’s portfolio

P + has previously decided to sell all our investments in both Russian equities and government bonds, and both are being sold.

This is the art of the possible in the current situation when it comes to selling off Russian investments. Partly because potential buyers are not in line, and partly because trades on the Russian stock exchange are closed. Therefore, there are very few shares that we are currently unable to sell. But we are working to get rid of the remaining investments as soon as possible.

P + has a small exposure to Ukraine including a small investment in a solar park in western Ukraine.