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Director/PDMR Shareholding

10th Dec 2008 18:18

RNS Number : 9267J
Eurasian Natural Resources Corp Plc
10 December 2008
 



10 December 2008

Eurasian Natural Resources Corporation PLC

Director's Interest in Shares

London – Eurasian Natural Resources Corporation PLC (‘ENRC’ or the ‘Company’) announces that, pursuant to the announcement made on 12 February 2008, Mr Miguel Perry, Chief Financial Officer of the Company, has repaid the bank loan against which 600,000 Ordinary Shares of US$0.20 in the Company were pledged and the pledge has accordingly now been released.

ENDS -

For further information, please contact: 

ENRC: Investor Relations

Mounissa Chodieva

+44 (0) 20 7389 1879 

James S Johnson

+44 (0) 20 7389 1862

Marianna Adams

+44 (0) 20 7389 1886

ENRC: Press Relations

Julia Kalcheva

+44 (0) 20 7389 1861

M: Communications

Hugh Morrison

+44 (0) 20 7153 1534

Edward Orlebar 

+44 (0) 20 7153 1523

About ENRC

ENRC is a leading diversified natural resources group performing integrated mining, processing, energy, logistics and marketing operations. The operations comprise: the mining and processing of chrome, manganese and iron ore; the smelting of ferroalloys; the mining and processing of bauxite for the extraction of alumina and the production of aluminium; coal extraction and electricity generation, and the transportation and sales of Group products. The Group's production assets are largely located in the Republic of Kazakhstan. The Group's entities, in the six months ended 30 June 2008, employed over 67,000 (2007: 64,000) people. In 2007, the Group accounted for approximately 4% of Kazakhstan's GDP. The Group currently sells its products around the world, including in Russia, China, Japan, Western Europe and the United States. For the six months ended 30 June 2008, the Group had revenue of US$3,442 million (2007: US$1,856 million) and net profit of US$1,366 million (2007: US$388 million). For further information please see the Group's website, www.enrc.com.

Forward-looking statements

This announcement includes forward-looking statements that reflect the current views of the management of the Group with respect to future events. These forward-looking statements include matters that are not historical facts or are statements regarding the Group's intentions, beliefs or current expectations concerning, among other things, the Group's results of operations, financial condition, liquidity, prospects, growth, strategies, and the industries in which the Group operates. Forward-looking statements are based on current plans, estimates and projections, and therefore too much reliance should not be placed upon them. Such statements are subject to risks and uncertainties, most of which are difficult to predict and generally beyond the Group's control. The Group cautions you that forward-looking statements are not guarantees of future performance and that if risks and uncertainties materialise, or if the assumptions underlying any of these statements prove incorrect, the Group's actual results of operations, financial condition and liquidity and the development of the industry in which the Group operates may materially differ from those made in, or suggested by, the forward-looking statements contained in this announcement. In addition, even if the Group's results of operations, financial condition and liquidity and the development of the industry in which the Group operates are consistent with the forward-looking statements contained in this announcement, those results or developments may not be indicative of results or developments in future periods. The Group does not undertake any obligation to review or confirm analysts, expectations or estimates or to release publicly any revisions to any forward-looking statements to reflect events that occur or circumstances that arise after the date of this announcement.

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