Petropavlovsk PLC AGM Statement (0634F)
13 May 2017 - 3:14AM
UK Regulatory
TIDMPOG
RNS Number : 0634F
Petropavlovsk PLC
12 May 2017
12 May 2017
Annual General Meeting
Further to the announcement issued by Petropavlovsk PLC (the
"Company") at 7.00 a.m. today, 12 May 2017, the Company confirms
that the four individuals being proposed for appointment as
directors at the forthcoming annual general meeting by Renova Asset
Holding Limited, Sothic Capital European Opportunities Master Fund
Limited and M&G Debt Opportunities Fund II Limited
(shareholders of the Company) are as follows:
Proposed appointments by Renova Asset Holding Limited:
Mr Bruce Buck
Mr Vladislav Egorov
Proposed appointments by Sothic Capital European Opportunities
Master Fund/M&G Debt Opportunities Fund II Limited:
Mr Ian Ashby
Mr Garrett Soden
Further details will be included in the notice of annual general
meeting.
About Petropavlovsk
Petropavlovsk is one of Russia's leading gold mining companies.
As at 31 December 2016, the Company had produced approximately
6.3Moz of gold.
Petropavlovsk is in the construction phase of a state of the art
pressure oxidation facility to process the Company's substantial
refractory resource base. The Company's combined 3,605km(2) license
holding has untapped resource potential. The Company is a leading
employer and contributor to the development of the local economy in
the Amur region, Russian Far East, where it has operated since
1994.
Petropavlovsk is a shareholder (31.1%) of IRC Limited and is the
guarantor of the US$340 million project finance facility (US$234
million principal outstanding, as at 31 December 2016). IRC is a
vertically integrated iron ore producer and developer in the
Russian Far East and North Eastern China. IRC is listed on the Hong
Kong Stock Exchange (Ticker: 1029.HK).
Petropavlovsk is listed on the Main Market of the London Stock
Exchange (Ticker POG:LN)
Enquiries
For more information, please visit www.petropavlovsk.net or
contact:
Petropavlovsk PLC Maitland
Dr Alya Samokhvalova Neil Bennett
+44 (0) 20 7201 8900 James Isola
TeamIR@petropavlovsk.net +44 (0) 20 7379 5151
This information is provided by RNS
The company news service from the London Stock Exchange
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