Listing of ordinary shares on Moscow Exchange

RNS Number : 1545H

Polymetal International PLC

17 June 2013

 



Release time	IMMEDIATE
Date	17 June 2013

Polymetal International plc

Polymetal lists its ordinary shares on Moscow Exchange

Polymetal International plc (LSE: POLY) ( "Polymetal" or the "Company") is pleased to announce that on 17 June 2013 its ordinary shares (the "Shares") were the first among the shares of international issuers to be admitted to trading and included in the official quotation list on CJSC "MICEX Stock Exchange" ("MICEX"), a subsidiary of the Moscow Exchange.

The Shares will be traded under the ticker POLY in the Main Market segment (in the quotation list B), with quotation and settlement in Russian rubles. Trading in the Shares on MICEX is expected to commence on 20 June 2013.

"We are proud and excited to become the first international issuer listed in Russia. This event marks Polymetal's return to the Russian equity market and we are hopeful that our company will be very familiar to Russian investors, who previously traded JSC "Polymetal" shares on MICEX up until 2012. We expect that listing on the Moscow Exchange will help Polymetal broaden its investor base and attract various categories of Russian domestic institutional and retail investors, including those that were previously not able to hold Polymetal stock for regulatory or technical reasons. Listing on Moscow Exchange is also an important step towards potential re-inclusion of Polymetal in the MSCI Russia index, which is one of our top capital markets priorities", said Vitaly Nesis, the CEO of Polymetal.

Sberbank CIB has acted as Polymetal's financial advisor with respect to the MICEX listing. Sberbank CIB and OTKRITIE-Broker are acting as nominated market-makers in the Shares on MICEX.

Enquiries

Media		Investor Relations
College Hill Leonid Fink Tony Friend	[phone]	Polymetal Maxim Nazimok Evgenia Onuschenko Elena Revenko	[e-mail] [phone] (Russia) [phone] (UK)
Joint Corporate Brokers
Morgan Stanley Bill Hutchings Sandip Patodia	[phone]	Canaccord Genuity Andrew Chubb Andrey Kroupnik	[phone]

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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