Last checked at 23 May 2017 10:42
EVRAZ plc
Results of the General Meeting of independent shareholders
Disposal of Joint Stock Company EVRAZ Nakhodka Trade Sea Port is approved
EVRAZ plc (the "Company") announces that at the General Meeting (the "Meeting") of the independent shareholders of the Company held on Tuesday 23 May 2017 at 10.00am (London time) at the offices of Clifford Chance LLP, 10 Upper Bank Street, London E14 5JJ the ordinary resolution set out in the circular relating to the recommended proposal for the Disposal of Joint Stock Company EVRAZ Nakhodha Trade Sea Port to Lanebrook Limited dated 3 May 2017 (the "Shareholder Circular"), was proposed and passed by way of a poll. Completion of the transaction is expected to occur by 15 June 2017.
Full details of the poll results are set out below and will also be available on the Company's website www.evraz.com
No | RESOLUTION | VOTESFOR | % | VOTESAGAINST | % | TOTAL VOTES | % of ELIGBLE SHARES VOTED | VOTESWITHHELD |
1 | To approve the transaction, on the terms as set out in the Transaction Agreements as defined in the circular to shareholders dated 3 May 2017 | 304,179,836 | 92.27 | 25,493,123 | 7.73 | 329,672,959 | 62.61 | 1,603,625 |
Notes:
1. Any proxy arrangement which gave discretion to the Chairman has been included in the "for" totals.
2. A "vote withheld" is not a vote under English law and is not counted in the calculation of the proportion of votes "for" or "against" a resolution.
3. The issued share capital of EVRAZ plc as at 1 May 2017 is 1,506,527,294 ordinary shares. The Company holds 74,473,951 ordinary shares in treasury. The total number of voting rights attaching to the ordinary shares of the Company is therefore 1,432,053,343. Of this total Lanebrook Limited, a related party under the Listing Rules, holds 905,487,416 ordinary shares, so the number of voting rights attached to the shares held by independent shareholders is 526,565,927.
4. Under the Listing Rules, Lanebrook Limited, the directors of the Company who own shares in Lanebrook Limited and their respective associates were not permitted to vote at the Meeting and accordingly did not vote on the resolution.
5. The scrutineer of the poll was Computershare Investor Services PLC.
6. All percentages are rounded to two decimal points.
In accordance with Listing Rule 9.6.2, a copy of the resolution passed at the Meeting will shortly be available for inspection on the National Storage Mechanism which can be accessed at www.hemscott.com/nsm.do
For further information:
Media Relations: | Investor Relations:
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Mariya StarovoytDirector, External communications London: +44 207 832 8998 Moscow: +7 495 937 6871 media@evraz.com | Irina Bakhturina Director, Investor Relations London: +44 207 832 8990 Moscow: +7 495 232 1370 ir@evraz.com |