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PJSC Polyus (MOEX: PLZL) ("Polyus", or the "Company") highlights the announcement made by its indirect wholly-owned subsidiary Polyus Finance Plc ("Issuer") earlier today on the appointment of a new and resignation of the existing trustee under its outstanding U.S.$500,000,000 4.70% Guaranteed Notes due 2024 ("2024 Notes") and U.S.$700,000,000 3.25% Guaranteed Notes due 2028 ("2028 Notes").
The Issuer announces that I2 Capital Trust Corporation Ltd. has appointed Limited Liability Company "Legal Capital Investor Services" as a trustee under the 2024 Notes and the 2028 Notes and has resigned from its current role as a trustee under the 2024 Notes and the 2028 Notes, in each case, with the effect from 16 August 2023.
The holders of the 2024 Notes and the 2028 Notes are not required to take any action in connection with the replacement of the trustee.
Polyus is a Top-5 global gold mining company by production volumes and the largest gold miner in terms of attributable gold ore 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, Irkutsk and Magadan regions and the Republic of Sakha (Yakutia).
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Forward looking statement
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. The forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those expressed in the 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 beyond Polyus’ and/or Polyus Group’s ability to control or estimate precisely and therefore undue reliance should not be placed on such statements which speak only as of the date of this announcement. Polyus and/or any Polyus Company assumes no obligation in respect of, and does not intend to update, these forward-looking statements, except as required pursuant to applicable law.