Polyus PJSC (MOEX — PLZL) («Polyus», or the «Company») announces the results of the Company’s ordinary share split procedure.
On February 3, the Extraordinary General Meeting of Shareholders approved the decision to split the Company’s shares at a ratio of 10 (ten).
On March 25, 2025, the Registrar JSC «IRC — R.O.S.T.», which holds the register of security holders of PJSC Polyus, carried out operations on split of ordinary shares of PJSC Polyus with the ratio of 10 (ten). As a result of these operations each ordinary share of PJSC Polyus with a par value of 1 ruble was converted into 10 shares of the same category with a par value of 0.1 ruble.
Number of shares after the split: 1,360,694,001 whole 7,827,691/133,561,119.
Trading in Polyus shares resumed on Moscow Exchange on Thursday, March 27.
Alexey Vostokov, Chief Executive Officer of Polyus PJSC, commented:«Today’s restart of trading after the split marks the beginning of a new stage in Polyus’ public history, when its shares became more accessible to investors.
The Company’s management is focused on implementing a pipeline of large-scale growth projects designed to double gold production to 6 million ounces per year by 2030.
This split will give a wider pool of investors the opportunity to participate in this unique growth story, which by the end of the decade will bring Polyus to the second place in the world’s largest gold miners ranking.
Our priorities along on this journey remain in improving efficiency, sustainable development, building solid foundation of operational and financial performance, meeting our commitments, controlling costs and creating long-term value for our shareholders».
Detailed information and Q&A on the share split procedure are available in the «Share Split» section of the Company’s official website at the following address: https://polyus.com/en/investors/shares/stock-split/
Polyus
Polyus is the fourth largest gold producer in the world in terms of production and has one of the world’s largest gold reserves. The Company has the lowest production costs among major global gold producers. Its principal operations are located in Siberia and the Russian Far East: Krasnoyarsk Territory, Irkutsk and Magadan regions and the Republic of Sakha (Yakutia).
Investors and Media
Capital Markets Department
+7 495 641 33 77
IR@polyus.com
Forward-looking statements
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. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those expressed in the corresponding 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 difficult to predict accurately and which are beyond the control of Polyus/or Polyus group. Therefore, undue reliance should not be placed on such statements, which speak only to 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.