28 Jan 2019 07:05
En+ independent trustee arrangements
28 January 2019 - Further to the announcement made on 18 January 2019, EN+ GROUP PLC (the "Company" or the "Group") (LSE: ENPL, MOEX: ENPL) confirms that, as part of the arrangements pursuant to which Mr Oleg Deripaska's direct and indirect ownership interest in the Company will be reduced to below 50%, D.J Baker, David Crane, Arthur Dodge and Ogier Global Nominee (Jersey) Limited will be the independent trustees who will exercise the voting rights attaching to certain shares of the Company, as required by the U.S. Department of the Treasury's Office of Foreign Assets Control.
For further information, please contact:
For media:
Tel: +7 495 642 79 37
Email: press-center@enplus.ru
Andrew Leach
Tel: +44 (0) 20 7796 4133
Email : ENplus@hudsonsandler.com
Hudson Sandler LLP
For investors:
Tel: +7 (495) 642 7937
Email: ir@enplus.ru
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This announcement may include statements that are, or may be deemed to be, "forward-looking statements". These forward-looking statements may be identified by the use of forward-looking terminology, including the terms "believes", "estimates", "plans", "projects", "anticipates", "expects", "intends", "may", "will" or "should" or, in each case, their negative or other variations or comparable terminology, or by discussions of strategy, plans, objectives, goals, future events or intentions. Forward-looking statements may and often do differ materially from actual results. Any forward-looking statements reflect the Company's current view with respect to future events and are subject to risks relating to future events and other risks, uncertainties and assumptions relating to the Group's business, results of operations, financial position, liquidity, prospects, growth or strategies. Forward-looking statements speak only as of the date they are made.