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Petropavlovsk Says Mukazhanov's Fincraft Sold Entire Stake

31st Jul 2019 18:23

(Alliance News) - Gold miners Petropavlovsk PLC said Wednesday that Fincraft Holdings PLC has sold its entire stake in the company.

In a transaction on Monday, Fincraft disposed of its 19% stake in Petropavlovsk.

Yesterday, Petropavlovsk announced the resignation of non-executive director Bektas Mukazhanov, which happened as a result of the disposal, the company said.

Shares in Petropavlovsk closed 0.9% lower at 9.91 pence each in London on Wednesday.


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