Petropavlovsk PLC Adjournment of GM Due to COVID-19 (9221J)
16 April 2020 - 10:58PM
UK Regulatory
TIDMPOG
RNS Number : 9221J
Petropavlovsk PLC
16 April 2020
16 April 2020
Petropavlovsk PLC
Adjournment of General Meeting Due to Logistical Challenges
Associated with COVID-19
Further to an announcement made on 27 March 2020, Petropavlovsk
PLC ("Petropavlovsk" or "the Company") wishes to inform its
shareholders that a General Meeting convened for 8.30am BST today,
in connection with the proposed option to acquire a 25 per cent.
interest in TEMI LLC and granting authority in respect of the
allotment of shares (the "General Meeting"), has been adjourned
until 10.30am BST on 29 April 2020, at Apartment 1, Hill House,
Portsmouth Road, Esher, Surrey KT10 9LN.
The decision to adjoun the meeting has been taken due to
logistical challenges associated with COVID-19 and ensuring all
shareholders have the opportunity to vote as they would wish
despite these logistical challenges.
Proxy forms previously submitted to the Company's Registrars,
Link Asset Services, The Registry, 34 Beckenham Road, Beckenham,
Kent BR3 4TU will remain valid for the reconvened General Meeting,
unless revoked. If shareholders did not submit proxy votes for this
meeting, they may do so up to 48 hours prior to commencement of the
adjourned General Meeting. Given the measures currently being
implemented by the Government in the United Kingdom may be
extended, shareholders' attention is drawn to the COVID-19 section
of the Circular dated 27 March 2020. It is strongly recommended
that the Chairman of the meeting is appointed proxy as it is likely
that entry to the meeting will be restricted in line with the
measures adopted by the Government in the United Kingdom and any
guidance from Public Health England.
About Petropavlovsk
With a Premium Listing on the London Stock Exchange,
Petropavlovsk (LSE: POG) is a major integrated Russian gold
producer with JORC Resources of 20.52Moz Au which include Reserves
of 8.21Moz Au.
The Company's key operating mines (Pioneer, Malomir and Albyn)
are in the Amur Region in the Russian Far East and the Company has
produced a total of c.7.6Moz of gold since operations began in
1994. Petropavlovsk has a strong track record of mine development,
expansion and asset optimisation.
The Group recently entered a new era of growth following the
successful commissioning and start-up of its flagship asset, the
Pressure Oxidation (POX) Hub at Pokrovskiy, which enables the
processing of the Company's abundant refractory reserves and
resources.
Petropavlovsk is committed to implementing international best
practices across all areas of sustainable development and is one of
the region's largest employers and contributors to the local
economy.
For more information
Please visit www.petropavlovsk.net or contact:
Petropavlovsk PLC +44 (0) 20 7201 8900
Patrick Pittaway / Max Zaltsman / Viktoriya TeamIR@petropavlovsk.net
Kim
Peel Hunt LLP
Ross Allister / David McKeown +44 (0) 20 7418 8900
Canaccord Genuity Limited
Henry Fitzgerald-O'Connor / James Asensio +44 (0) 20 7523 8000
Buchanan +44 (0) 20 7466 5000
Bobby Morse / Kelsey Traynor / Ariadna POG@buchanan.uk.com
Peretz
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END
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