PJSC Polyus (MOEX — PLZL) («Polyus», or the «Company»), the largest gold producer in Russia, announces that following completion of the merger of Polyus’ 100% direct subsidiary LLC
The resolution on the merger and cancellation of the resulting treasury shares was passed at the extraordinary general shareholders’ meeting of Polyus on 22 December 2016.
Following the cancellation of treasury shares, the shareholding structure of Polyus is as follows:
- Polyus Gold International Limited (majority shareholder) — 91.73% (or 116,999,862 shares),
- treasury shares held by the Company — 1.51% (or 1,926,756 shares), and
- free float — 6.76% (8,618,811 shares).
Polyus (www.polyus.com) is the largest gold producer in Russia and one of the top 10 gold miners globally by ounces produced. The Company also holds the fourth largest mineral resources base in the world.
Polyus group’s principal operations are located in Krasnoyarsk, Irkutsk and Magadan regions and the Sakha Republic (Yakutia).
In 2016, the Company confirmed its status of one of the
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