PJSC Polyus (LSE, MOEX: PLZL) (“Polyus”, the “Company”) announces that on 17 April 2020 it was notified that Polyus Gold International Limited ("PGIL") had pledged 10,740,869 ordinary shares of 1 Russian ruble each in the capital of the Company (the "Pledged Shares") securing certain obligations of PGIL. PGIL retains its legal and beneficial interest in the Pledged Shares as well as full voting rights. PGIL’s ownership in the Company remains unchanged and stays at 78.19%.
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 2018 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