JSC Polymetal's GDR listing has been cancelled

RNS Number : 7663Z

Polymetal International PLC

21 March 2012

 

For immediate release

21 March 2012

POLYMETAL INTERNATIONAL PLC

JSC POLYMETAL'S GDR LISTING HAS BEEN CANCELLED

Polymetal International plc (LSE: POLY) ("Polymetal International" or the "Company") previously announced on February 17, 2012 the intention of JSC "Polymetal" (MICEX-RTS: PMTL) ("Polymetal") to apply for cancellation, expected to occur on March 21, 2012, of the listing of its global depositary receipts ("GDRs") each representing one ordinary share of RUB0.20 in Polymetal from the Official List of the Financial Services Authority (the "FSA") and from trading on the regulated market of London Stock Exchange plc (the "LSE") (the "GDR Delisting").

At 8:00 a.m. London time today the FSA announced that the GDRs are cancelled from its Official List with effect from that time. The LSE also announced at that time today that the GDRs are cancelled from admission to trading on the LSE with effect from that time.

ENQUIRIES

Media		Investor Relations
College Hill Leonid Fink Tony Friend	+44.207.457.2020	Polymetal Pavel Danilin	+7.812.313.5964
Joint Corporate Brokers
Morgan Stanley Alastair Cochran Sandip Patodia	+44.207.425.8000	Collins Stewart John Prior Roger Lambert	+44.207.523.8000

FORWARD-LOOKING STATEMENTS

THIS RELEASE may INCLUDE STATEMENTS THAT ARE, OR MAY BE DEEMED TO BE, "FORWARD-LOOKING STATEMENTS".  THESE FORWARD-LOOKING STATEMENTS SPEAK ONLY AS AT THE DATE OF THIS RELEASE.  THESE FORWARD-LOOKING STATEMENTS CAN BE IDENTIFIED BY THE USE OF FORWARD-LOOKING TERMINOLOGY, INCLUDING THE WORDS "TARGETS", "BELIEVES", "EXPECTS", "AIMS", "INTENDS", "WILL", "MAY", "ANTICIPATES", "WOULD", "COULD" OR "SHOULD" OR SIMILAR EXPRESSIONS OR, IN EACH CASE THEIR NEGATIVE OR OTHER VARIATIONS OR BY DISCUSSION OF STRATEGIES, PLANS, OBJECTIVES, GOALS, FUTURE EVENTS OR INTENTIONS.  THESE FORWARD-LOOKING STATEMENTS ALL INCLUDE MATTERS THAT ARE NOT HISTORICAL FACTS.  BY THEIR NATURE, SUCH FORWARD-LOOKING STATEMENTS INVOLVE KNOWN AND UNKNOWN RISKS, UNCERTAINTIES AND OTHER IMPORTANT FACTORS BEYOND THE COMPANY'S CONTROL THAT COULD CAUSE THE ACTUAL RESULTS, PERFORMANCE OR ACHIEVEMENTS OF THE COMPANY TO BE MATERIALLY DIFFERENT FROM FUTURE RESULTS, PERFORMANCE OR ACHIEVEMENTS EXPRESSED OR IMPLIED BY SUCH FORWARD-LOOKING STATEMENTS.  SUCH FORWARD-LOOKING STATEMENTS ARE BASED ON NUMEROUS ASSUMPTIONS REGARDING THE COMPANY'S PRESENT AND FUTURE BUSINESS STRATEGIES AND THE ENVIRONMENT IN WHICH THE COMPANY WILL OPERATE IN THE FUTURE. FORWARD-LOOKING STATEMENTS ARE NOT GUARANTEES OF FUTURE PERFORMANCE.  THERE ARE MANY FACTORS THAT COULD CAUSE THE COMPANY'S ACTUAL RESULTS, PERFORMANCE OR ACHIEVEMENTS TO DIFFER MATERIALLY FROM THOSE EXPRESSED IN SUCH FORWARD-LOOKING STATEMENTS. THE COMPANY EXPRESSLY DISCLAIMS ANY OBLIGATION OR UNDERTAKING TO DISSEMINATE ANY UPDATES OR REVISIONS TO ANY FORWARD-LOOKING STATEMENTS CONTAINED HEREIN TO REFLECT ANY CHANGE IN THE COMPANY'S EXPECTATIONS WITH REGARD THERETO OR ANY CHANGE IN EVENTS, CONDITIONS OR CIRCUMSTANCES ON WHICH ANY SUCH STATEMENTS ARE BASED

 

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