Regulatory disclosure

Notification and public disclosure of transactions by PDMR and persons closely associated with them

PJSC Polyus (LSE, MOEX: PLZL) (“Polyus”, the “Company”) announces that on 30 April 2020 it was notified that on 29 April 2020 Polyus Gold International Limited ("PGIL") transferred 1,352,243 ordinary shares with the nominal value of 1 Russian ruble each in the share capital of the Company to JSC Polyus Krasnoyarsk pursuant to a securities lending agreement dated 25 December 2019, as amended on 1 April 2020, pursuant to which PGIL as lender undertook to lend the shares to JSC Polyus Krasnoyarsk as the borrower upon the receipt of a borrower’s request thereunder. It is anticipated that the shares will be used for the purposes of delivery of the global depositary receipts to the holders of convertible bonds issued by Polyus Finance plc, an indirect wholly-owned subsidiary of the Company.

Polyus

Polyus is the largest gold producer in Russia and one of the top 5 gold miners globally with the lowest cost position. Based on its 2019 Ore Reserves and Mineral Resources, the Polyus group ranks the third by attributable gold reserves among the world’s largest gold mining companies.

The Polyus group’s principal operations are located in Krasnoyarsk, Irkutsk and Magadan regions and the Republic of Sakha (Yakutia).

Enquiries:

Investor and Media contact
Victor Drozdov, Director Communications & Investor Relations
+7 (495) 641 33 77
drozdovvi@polyus.com