PJSC Polyus (LSE, MOEX PLZL) (Polyus, the Company) announces that on 13 June 2018 it was notified that Polyus Gold International Limited (PGIL) had pledged 22,705,389 ordinary shares of 1 Russian ruble each in the capital of the Company (the Pledged Shares) to secure certain obligations of PGIL. PGIL retains its legal and beneficial interest in the Pledged Shares as well as full voting rights. Therefore, PGIL’s ownership in the Company remains unchanged.
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).
Victor Drozdov, Director Investor Relations
+7 (495) 641 33 77
Victoria Vasilyeva, Director Public Relations
+7 (495) 641 33 77
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
|1||Details of the person discharging managerial responsibilities/person closely associated|
|a)||Name||Polyus Gold International Limited|
|2||Reason for the notification|
|a)||Position/status||Person closely associated with Mr. Said Kerimov and Mr. Sergei I. Nossoff, PDMRs (members of the Board) of PJSC Polyus|
|b)||Initial notification/Amendment||Initial notification|
|3||Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor|
|a)||Name||Public Joint Stock Company Polyus|
|4||Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted|
Description of the financial instrument, type of instrument
|b)||Nature of the transaction||
Pledge to secure certain obligations of Polyus Gold
|c)||Price(s) and volume(s)||
|e)||Date of the transaction||8 June 2018|
|f)||Place of the transaction||outside a trading venue|