POG.L Regulatory News (POG)

16 April 2020

Petropavlovsk PLC

Adjournment of General Meeting Due to Logistical Challenges Associated with COVID-19

Further to an announcement made on 27 March 2020, Petropavlovsk PLC ("Petropavlovsk" or "the Company") wishes to inform its shareholders that a General Meeting convened for 8.30am BST today, in connection with the proposed option to acquire a 25 per cent. interest in TEMI LLC and granting authority in respect of the allotment of shares (the "General Meeting"), has been adjourned until 10.30am BST on 29 April 2020, at Apartment 1, Hill House, Portsmouth Road, Esher, Surrey KT10 9LN.

The decision to adjoun the meeting has been taken due to logistical challenges associated with COVID-19 and ensuring all shareholders have the opportunity to vote as they would wish despite these logistical challenges.

Proxy forms previously submitted to the Company's Registrars, Link Asset Services, The Registry, 34 Beckenham Road, Beckenham, Kent BR3 4TU will remain valid for the reconvened General Meeting, unless revoked. If shareholders did not submit proxy votes for this meeting, they may do so up to 48 hours prior to commencement of the adjourned General Meeting. Given the measures currently being implemented by the Government in the United Kingdom may be extended, shareholders' attention is drawn to the COVID-19 section of the Circular dated 27 March 2020. It is strongly recommended that the Chairman of the meeting is appointed proxy as it is likely that entry to the meeting will be restricted in line with the measures adopted by the Government in the United Kingdom and any guidance from Public Health England.

About Petropavlovsk

With a Premium Listing on the London Stock Exchange, Petropavlovsk (LSE: POG) is a major integrated Russian gold producer with JORC Resources of 20.52Moz Au which include Reserves of 8.21Moz Au.

The Company's key operating mines (Pioneer, Malomir and Albyn) are in the Amur Region in the Russian Far East and the Company has produced a total of c.7.6Moz of gold since operations began in 1994. Petropavlovsk has a strong track record of mine development, expansion and asset optimisation.

The Group recently entered a new era of growth following the successful commissioning and start-up of its flagship asset, the Pressure Oxidation (POX) Hub at Pokrovskiy, which enables the processing of the Company's abundant refractory reserves and resources.

Petropavlovsk is committed to implementing international best practices across all areas of sustainable development and is one of the region's largest employers and contributors to the local economy.

For more information

Please visit www.petropavlovsk.net or contact: