RE: Translation please30 Jun 2020 11:50
thxs GVS - Translated version below:
Moscow. 30 June. INTERFAX.RU - The founder of Petropavlovsk POG Pavel Maslovsky, the company's founding director Danila Kotlyarov and several other independent directors did not get on the new board of directors of the gold mining company. The Council asked the British regulator to check the actions of the shareholder Konstantin Strukov.
This is stated in a press release Petropavlovsk.
The analysis of the voting results showed that the inclusion of Maslovsky, Kotlyarov and others in the council was opposed by the new largest shareholder - Yuzhuralzoloto, which is controlled by the family of Konstantin Strukov (22.37%), Everest and Slevin (together 12.09%), and Fortiana Holdings Vladislav Sviblov (at the time of voting Sviblov controlled 4.62%, and then sold most of the package), they decided on the council.
The interests of Everest and Slevin for two years were represented by Nikolai Lustiger, who, as noted in the council, was in close contact with Strukov.
The board of directors of Petropavlovsk asked the British M&A committee to investigate Strukov’s actions regarding possible violation of the rules of M&A transactions.
For the period until the next meeting of shareholders, the board of directors of Petropavlovsk appointed its deputy director, Al Samokhvalov, instead of Pavel Maslovsky. She also joined the interim board of directors.