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Petropavlovsk Says Mukazhanov's Fincraft Sold Entire Stake

Wed, 31st Jul 2019 18:23

(Alliance News) - Gold miners Petropavlovsk PLC said Wednesday that Fincraft Holdings PLC has sold its entire stake in the company.

In a transaction on Monday, Fincraft disposed of its 19% stake in Petropavlovsk.

Yesterday, Petropavlovsk announced the resignation of non-executive director Bektas Mukazhanov, which happened as a result of the disposal, the company said.

Shares in Petropavlovsk closed 0.9% lower at 9.91 pence each in London on Wednesday.

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Petropavlovsk Court Hearing Over Temporary Directors Adjourned

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Petropavlovsk court application to be heard Tuesday

(Sharecast News) - Russian miner Petropavlovsk said a court hearing for to consider an application to remove existing board members had been adjourned to later Tuesday.

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Petropavlovsk Shareholder Seeks To Re-Appoint Ousted Board Members

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Petropavlovsk investors seeks reappointment of ousted directors

(Sharecast News) - Petropavlovsk major shareholder Prosperity Capital Management (PCM) has notified the Russian miner that it intended to call a general meeting to consider the election of directors who were ousted at the annual meeting last month.

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