Russia's Ozon appeals Nasdaq delisting plan

FILE PHOTO: A view shows the pick-up point of the Ozon online retailer in Moscow, Russia March 16, 2020. REUTERS/Evgenia Novozhenina/File Photo/File Photo

MOSCOW (Reuters) - Russian e-commerce firm Ozon said on Wednesday it was appealing the Nasdaq stock exchange's plan to delist its securities and wanted to stand up for the rights of its investors.

Nasdaq suspended trading in the securities of a number of companies operating in Russia on Feb. 28, 2022, days after Moscow sent tens of thousands of troops to Ukraine. Last week, the exchange notified a handful of Russian companies of delisting plans.