PJSC Polyus (LSE, MOEX PLZL) (Polyus, or the Company), the largest gold producer in Russia, announces that Morgan Stanley Capital International (MSCI) has decided to include the Company’s shares into the MSCI Russia and MSCI Emerging Markets indices. Inclusion is set to be effective after the close of trading on 30 November 2017.
The MSCI is expected to announce the results of its Russia 10/40 index quarterly rebalancing on 24 November 2017, effective after the close of trading on 30 November 2017.Pavel Grachev, Chief Executive Officer of Polyus, commented:
The inclusion to the MSCI Indices has been a longstanding objective of the Company and one of the components of our target to increase liquidity in Polyus’ equity instruments to better engage with a global investor community. This follows our successful SPO on the London and Moscow Stock Exchanges earlier this year.
Polyus (www.polyus.com) is the largest gold producer in Russia and one of the top 10 gold miners globally with the lowest cost position. Based on its 2016 Ore Reserves and Mineral Resources, Polyus ranks second by attributable gold reserves and third by attributable gold resources among the world’s largest gold mining companies.
Polyus group’s principal operations are located in Krasnoyarsk, Irkutsk and Magadan regions and the Sakha Republic (Yakutia).
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Forward looking statement
This announcement may contain «forward-looking statements» concerning Polyus and/or Polyus group. Generally, the words will, may, should, could, would, can, continue, opportunity, believes, expects, intends, anticipates, estimates or similar expressions identify forward-looking statements. The forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements. Forward-looking statements include statements relating to future capital expenditures and business and management strategies and the expansion and growth of Polyus’ and/or Polyus group’s operations. Many of these risks and uncertainties relate to factors that are beyond Polyus’ and/or Polyus group’s ability to control or estimate precisely and therefore undue reliance should not be placed on such statements which speak only as at the date of this announcement. Polyus and/or any Polyus group company assumes no obligation in respect of, and does not intend to update, these forward-looking statements, except as required pursuant to applicable law.