Register
Login:
Share:
Email Facebook Twitter

Share Views: The Cyber Security opportunity - What you need to know. Watch here

Share Views: The Cyber Security opportunity
What you need to know


Polymetal International Regulatory News (POLY)



Regulatory News for Polymetal International (POLY)


Share Price: 1,122.00Bid: 1,120.00Ask: 1,122.00Change: 8.00 (+0.72%)Riser - Polymetal Int
Spread: 2.00Spread as %: 0.18%Open: 1,109.00High: 1,124.00Low: 1,105.00Yesterday’s Close: 1,114.00





Consolidation of ownership in the assets

Wed, 8th Feb 2012 07:00

RNS Number : 0129X
JSC Polymetal
08 February 2012
 

?

 

 

 

 

 

 

Consolidation of ownership in the assets of AngloGold Ashanti - Polymetal Strategic Alliance

Saint-Petersburg, Russia, February 8, 2012 - JSC "Polymetal" (LSE, MICEX, RTS: PMTL) (together with its subsidiaries - "Polymetal") announces that it has completed the acquisition from AngloGold Ashanti Holdings PLC ("AngloGold") of AngloGold's 50% interest in various companies (the "Companies") held in joint venture with Polymetal comprising the AngloGold Ashanti - Polymetal Strategic Alliance (the "Alliance"). The Companies include Amikan Holding Limited, which owns the Veduga gold deposit in the Krasnoyarsk region of the Russian Federation. The consideration for the acquisition, including the benefit of all shareholder loans made by AngloGold to the Companies, was US$20 million in cash.

As a result of this transaction all of the shares in the Companies are now owned by Polymetal, and the Alliance has terminated.

"We are satisfied with consolidation of ownership of Veduga," said Vitaly Nesis, CEO of Polymetal.

"We believe this is the first step towards acceleration of development of this highly promising asset."

 

Media Contact

Andrey Abashin

Press-secretary

Tel. +7.812.677.4325

abashin@polymetal.ru

Investor Relations Contact

Pavel Danilin

EVP, Strategic Development

Tel. +7.812.313.5964

danilin@polymetal.ru

 

THIS RELEASE may INCLUDE STATEMENTS THAT ARE, OR MAY BE DEEMED TO BE, "FORWARD-LOOKING STATEMENTS".  THESE FORWARD-LOOKING STATEMENTS SPEAK ONLY AS AT THE DATE OF THIS RELEASE.  THESE FORWARD-LOOKING STATEMENTS CAN BE IDENTIFIED BY THE USE OF FORWARD-LOOKING TERMINOLOGY, INCLUDING THE WORDS "TARGETS", "BELIEVES", "EXPECTS", "AIMS", "INTENDS", "WILL", "MAY", "ANTICIPATES", "WOULD", "COULD" OR "SHOULD" OR SIMILAR EXPRESSIONS OR, IN EACH CASE THEIR NEGATIVE OR OTHER VARIATIONS OR BY DISCUSSION OF STRATEGIES, PLANS, OBJECTIVES, GOALS, FUTURE EVENTS OR INTENTIONS.  THESE FORWARD-LOOKING STATEMENTS ALL INCLUDE MATTERS THAT ARE NOT HISTORICAL FACTS.  BY THEIR NATURE, SUCH FORWARD-LOOKING STATEMENTS INVOLVE KNOWN AND UNKNOWN RISKS, UNCERTAINTIES AND OTHER IMPORTANT FACTORS BEYOND THE COMPANY'S CONTROL THAT COULD CAUSE THE ACTUAL RESULTS, PERFORMANCE OR ACHIEVEMENTS OF THE COMPANY TO BE MATERIALLY DIFFERENT FROM FUTURE RESULTS, PERFORMANCE OR ACHIEVEMENTS EXPRESSED OR IMPLIED BY SUCH FORWARD-LOOKING STATEMENTS.  SUCH FORWARD-LOOKING STATEMENTS ARE BASED ON NUMEROUS ASSUMPTIONS REGARDING THE COMPANY'S PRESENT AND FUTURE BUSINESS STRATEGIES AND THE ENVIRONMENT IN WHICH THE COMPANY WILL OPERATE IN THE FUTURE. FORWARD-LOOKING STATEMENTS ARE NOT GUARANTEES OF FUTURE PERFORMANCE.  THERE ARE MANY FACTORS THAT COULD CAUSE THE COMPANY'S ACTUAL RESULTS, PERFORMANCE OR ACHIEVEMENTS TO DIFFER MATERIALLY FROM THOSE EXPRESSED IN SUCH FORWARD-LOOKING STATEMENTS. THE COMPANY EXPRESSLY DISCLAIMS ANY OBLIGATION OR UNDERTAKING TO DISSEMINATE ANY UPDATES OR REVISIONS TO ANY FORWARD-LOOKING STATEMENTS CONTAINED HEREIN TO REFLECT ANY CHANGE IN THE COMPANY'S EXPECTATIONS WITH REGARD THERETO OR ANY CHANGE IN EVENTS, CONDITIONS OR CIRCUMSTANCES ON WHICH ANY SUCH STATEMENTS ARE BASED


This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
ACQSSSSMAFESEDE






DateSourceHeadlineCategory
25-Aug-16 16:06RNSTR-1: Notification of major interest in sharesHolding(s) in Company
24-Aug-16 07:04RNSDividend declaration of US$0.09 per shareDividends
24-Aug-16 07:00RNSReport for the six months ended 30 June 2016Results and Trading Reports
23-Aug-16 08:00RNSTR-1: Notification of major interest in sharesHolding(s) in Company
22-Aug-16 07:00RNSBoard approves expansion at the Amursk POX plantCompany Announcement - General
18-Aug-16 07:00RNSPolymetal increases its interest in Tarutin to 75%Company Announcement - General
02-Aug-16 07:00RNSCompletion of the acquisition of the KomarovskoyeMergers, Acquisitions and Disposals
19-Jul-16 07:20RNSQ2 2016 production resultsCompany Announcement - General
28-Jun-16 07:00RNSReport on payments to governments FY2015Company Announcement - General
20-Jun-16 13:53RNSDirector/PDMR ShareholdingCompany Announcement - General
10-Jun-16 07:00RNSCommitment to the Cyanide Management CodeCompany Announcement - General
19-May-16 12:33RNSHolding(s) in CompanyHolding(s) in Company
18-May-16 07:00RNSNew investor presentation and production guidanceCompany Announcement - General
17-May-16 13:23RNSResult of AGMResults and Trading Reports
12-May-16 14:28RNSExchange rate for dividend paymentDividends
29-Apr-16 14:03RNSTotal Voting RightsHolding(s) in Company
29-Apr-16 07:00RNSMineral resource estimate for Lichkvaz projectCompany Announcement - General
28-Apr-16 16:26RNSDirector/PDMR ShareholdingCompany Announcement - General
28-Apr-16 14:11RNSCompletion of the acquisition of the KapanMergers, Acquisitions and Disposals
19-Apr-16 15:58RNSHolding(s) in CompanyHolding(s) in Company
15-Apr-16 07:02RNSQ1 2016 production resultsResults and Trading Reports
15-Apr-16 07:00RNSAnnual Report 2015 and Notice of 2016 AGMResults and Trading Reports
12-Apr-16 13:04RNSHolding(s) in CompanyHolding(s) in Company
04-Apr-16 07:00RNSAcquisition of the Komarovskoye Gold DepositMergers, Acquisitions and Disposals
31-Mar-16 14:12RNSTotal Voting RightsHolding(s) in Company
31-Mar-16 14:08RNSDirector/PDMR ShareholdingDirectors' Dealings
29-Mar-16 07:31RNSPreliminary results for the FY 2015 /REPLACEMENTResults and Trading Reports
29-Mar-16 07:06RNSFinal dividend declarationDividends
29-Mar-16 07:00RNSPreliminary results for the FY 2015Results and Trading Reports
24-Mar-16 07:02RNSReserves and Resources update as at 1 January 2016Company Announcement - General


Share Price, Share Chat, Stock Market news at lse.co.uk
FREE Member Services
- Setup a personalised Watchlist and Virtual Portfolio.
- Gain access to LIVE real-time Regulatory News (RNS).
- View more Trades, Directors' Deals, and Broker Ratings.
Share Price, Share Chat, Stock Market news at lse.co.uk






Datafeed and UK data supplied by NBTrader and Digital Look. While London South East do their best to maintain the high quality of the information displayed on this site,
we cannot be held responsible for any loss due to incorrect information found here. All information is provided free of charge, 'as-is', and you use it at your own risk.
The contents of all 'Chat' messages should not be construed as advice and represent the opinions of the authors, not those of London South East Limited, or its affiliates.
London South East does not authorise or approve this content, and reserves the right to remove items at its discretion.