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Circ re. cancellation of share pledge

23 Mar 2018 10:49

RNS Number : 7627I
EN+ Group PLC
23 March 2018
 

Notification of transactions by Persons Discharging Managerial Responsibilities ("PDMRs") and persons closely associated with them ("PCAs")

 

23 March 2018 - En+ Group plc (the "Company", "the Group" or "En+ Group") (LSE: ENPL; MOEX: ENPL), a leading international vertically integrated aluminium and power producer, announces that it received notification today from B-Finance Ltd. ("B-Finance") of Ritter House, Wickhams Cay II, Road Town, Tortola, British Virgin Islands, that they have been released from a pledge of 61,918,387 ordinary shares in the capital of the Company ("Ordinary Shares") held by them to VTB Capital PLC of 14 Cornhill, London, EC3V 3ND.

 

The Notification of Dealing Form can be found below.

 

This notification is made in accordance with the Market Abuse Regulation.

 

Notification of Dealing Form for Basic Element

 

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Names

B-FINANCE LTD., RITTER HOUSE, WICKHAMS CAY II, ROAD TOWN, TORTOLA, BRITISH VIRGIN ISLANDS

2

Reason for the notification

a)

Position/status

THIS NOTIFICATION CONCERNS PERSONS CLOSELY ASSOCIATED WITH A PDMR (OLEG VLADIMIROVICH DERIPASKA, DIRECTOR OF EN+ GROUP PLC)

b)

Initial notification /Amendment

THIS IS AN INITIAL NOTIFICATION OF THE TRANSACTION DESCRIBED HEREIN

3

Details of the issuer

a)

Name

En+ Group PLC

b)

LEI

213800LUFXVT8CKW5113

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

 a)

Description of the financial instrument, type of instrument

SHARES OF EN+ GROUP PLC

b)

Nature of the transaction

RELEASE OF PLEDGE OF SHARES IN THE CAPITAL OF EN+ GROUP PLC TO VTB CAPITAL PLC

c)

Price(s) and volume(s)

PRICE(S)

VOLUME(S)

N/A

61,918,387 SHARES IN EN+ GROUP PLC

d)

Aggregated information

- Aggregated volume - Price

61,918,387 SHARES IN THE CAPITAL OF EN+ GROUP PLC

e)

Date of the transaction

20/03/2018; GREENWICH MEAN TIME ZONE

f)

Place of the transaction

OUTSIDE A TRADING VENUE

 

***

 

For further information, please visit http://enplus.ru or contact:

 

For media:

 

For investors:

Andrey Petrushinin

Ignatiy Pavlov

Tel: +7 495 642 79 37

Email: press-center@enplus.ru

Daria Fadeeva

 

Tel: +7 (495) 642 7937

Email: ir@enplus.ru

 

 Follow @Enplusgroup on Twitter

 

About En+ Group plc

 

En+ Group is a leading international vertically integrated aluminium and hydro power producer. The Company combines power plants with a total installed capacity of 19.7 GW (including 15.1 GW of hydro power assets), and 3.9 mtpa of annual aluminium production capacity (through a controlling stake in UC RUSAL plc, the world's largest aluminium producer outside of China in 2016) which is the major consumer of En+ Group's hydroelectricity.

 

***

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.

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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