12 Oct 2020 07:00
12 October 2020
Petropavlovsk PLC
Management Update
Petropavlovsk PLC (the "Company") is pleased to announce two key appointments to its London headquarters.
John Smelt will be joining the Company on 19 October 2020 as Head of Corporate Affairs. John will be a member of the Group's Executive Management committee and his role will be to manage the London office and the listed company functions. John has over twenty years' experience in the mining sector, including as Head of Corporate Communications at KAZ Minerals PLC and as Head of Investor Relations at Rio Tinto plc.
Dorcas Murray will be joining the Company on 2 November 2020 as Company Secretary. Dorcas will report to the Chairman and will work closely with John and the Board on enhancing the listed company functions at the Company. After qualifying and practicing as a corporate lawyer, Dorcas has twenty years' experience in listed company secretarial work, most recently as Group Company Secretary at Ferroglobe PLC.
Alya Samokhvalova has left the Company with immediate effect.
About Petropavlovsk
Petropavlovsk PLC (LSE: POG. MOEX: POGR) is a major integrated Russian gold producer with JORC Resources of 21.03Moz Au which include Reserves of 8.46Moz Au. Following its IPO on the Alternative Investment Market (AIM) in 2002, Petropavlovsk was promoted to the London Stock Exchange in 2009, where today it is a Premium Listed company and a constituent of the FTSE 250, FTSE 350 and FTSE All Share indices.
The Company's key operating mines (Pioneer, Malomir and Albyn) are in the Amur Region in the Russian Far East. Petropavlovsk has produced a total of c.7.8Moz of gold since operations began in 1994 and 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 one of the region's largest employers and one of the largest contributors to the sustainable development of the local economy.
For more information
Please visit www.petropavlovsk.net or contact:
Petropavlovsk PLC Patrick Pittaway / Max Zaltsman / Viktoriya Kim
| +44 (0) 20 7201 8900 TeamIR@petropavlovsk.net |
Citigroup Global Markets Limited Tom Reid / Andrew Miller-Jones | +44 (0) 20 7986 4000 |
UBS Investment Bank David Roberts / Alistair Smith | +44 (0) 20 7567 8000 |
Buchanan Bobby Morse / Kelsey Traynor / Ariadna Peretz
| +44 (0) 20 7466 5000 POG@buchanan.uk.com |
Citigroup Global Markets Limited ("Citi") is authorised by the Prudential Regulation Authority and regulated in the UK by the Financial Conduct Authority and the Prudential Regulation Authority. UBS AG London Branch ("UBS") is authorised and regulated by the Financial Market Supervisory Authority in Switzerland. It is authorised by the Prudential Regulation Authority and subject to regulation by the Financial Conduct Authority and limited regulation by the Prudential Regulation Authority in the United Kingdom. Citi and UBS are acting exclusively for Petropavlovsk PLC ("Petropavlovsk") and for no-one else in connection with the contents of this announcement and will not be responsible to anyone other than Petropavlovsk for providing the protections afforded to clients of Citi or UBS for providing advice in relation to the contents of this announcement or any matters referred to herein.