Euronext, the company that owns the Irish Stock Exchange in Dublin, has delisted several special purpose vehicles used as debt instruments linked to sanctioned Russian firms.

The firm suspended GTLK Europe DAC, GTLK Europe Capital DAC, Alrosa Finance SA and SCF Capital DAC from Euronext Dublin on April 8, citing “ EU financial sanctions”.

On April 12, Euronext issued notices that it had cancelled trading of all the securities.

Euronext said it cancelled the instruments after examining the EU’s sanctions. It said issuers were notified in advance.

SCF is linked with PAO Sovcomflot, a Moscow-listed shipping company. Both GTLK vehicles are connected with the Russian transport leasing company GTLK. The Alrosa vehicle is related to the diamond mining company Alrosa.

In a statement issued on its website, PAO Sovcomflot claimed the instruments had been delisted “without proper notification”. SCF Capital had two outstanding eurobond issues for a total of $928m, with maturities in 2023 and 2028.

Alrosa’s website valued its two outstanding eurobonds listed in Dublin at $500m each, with maturities in 2024 and 2027.

Across its two special purpose vehicles, GTLK had five outstanding eurobond issues in Dublin worth a total of $2.65bn. Maturities ranged from 2024 to 2028.

Alrosa and Sovcomflot said they were committed to fully discharging their obligations under the notes. GTLK said fulfilling payment obligations under the notes was a priority.