PJSC Polyus (LSE, MOEX — PLZL) (“Polyus”, the “Company”) announces that on 24 December 2019 it was notified that Polyus Gold International Limited (“PGIL”) conducted partial release of pledged shares in PJSC Polyus over 22,355,389 ordinary shares of 1 Russian ruble each in the capital of the Company securing certain obligations of PGIL. PGIL’s ownership in the Company remains unchanged and stays at 78.6%.
Polyus
Polyus is the largest gold producer in Russia and one of the top ten gold miners globally with the lowest cost position. Based on its 2017 Ore Reserves and Mineral Resources, Polyus group ranks second both by attributable gold reserves and gold resources among the world’s largest gold mining companies.
The Polyus group’s principal operations are located in Krasnoyarsk, Irkutsk and Magadan regions and the Sakha Republic (Yakutia).
Enquiries:
Investor & media contact
Victor Drozdov, Director Business Communications & Investor Relations
+7 (495) 641 33 77
drozdovvi@polyus.com