12th Feb 2008 09:49
Eurasian Natural Resources Corp Plc12 February 2008 12 February 2008 Eurasian Natural Resources Corporation PLC Director's Interests in shares London - Eurasian Natural Resources Corporation plc ("ENRC" or the "Company")today announces that Mr. Miguel Perry, Chief Financial Officer of the Company,has requested that the Joint Bookrunners consent to the pledge of 600,000Ordinary Shares of US$0.20 each (the "Shares") owned by Mr. Perry as securityfor a loan to be advanced by a commercial bank. The Joint Bookrunners haveconsented to the request. The loan has been advanced to enable Mr. Perry to meet certain income taxliabilities arising as a result of the grant of Shares to Mr. Perry under theENRC IPO Plan on 6 December 2007. - ENDS - For further information, please contact: ENRCMounissa Chodieva +44 (0) 20 7389 1879James S Johnson +44 (0) 20 7389 1862 About ENRC Eurasian Natural Resources Corporation PLC is a leading diversified naturalresources group with integrated mining, processing, energy, logistical, andmarketing operations. It is the world's largest producer of ferrochrome, basedon chrome content, the world's sixth largest iron ore exporter by volume andworld's fifth largest supplier of traded alumina by volume. The Group's revenueswere US$3,256 million for the year ended 31 December 2006 and US$1,856 millionfor the six months ended 30 June 2007. EBITDA (pre exceptional items) wasUS$1,256 million for the year ended 31 December 2006 and US$797 million for thesix months ended 30 June 2007. For further information please see the Group'swebsite at www.enrc.com. Forward looking statements This document includes forward-looking statements that reflect the current viewsof the management of the Group with respect to future events. Theseforward-looking statements include matters that are not historical facts or arestatements regarding the Group's intentions, beliefs or current expectationsconcerning, among other things, the Group's results of operations, financialcondition, liquidity, prospects, growth, strategies, and the industries in whichthe Group operates. Forward-looking statements are based on current plans,estimates and projections, and therefore too much reliance should not be placedupon them. Such statements are subject to risks and uncertainties, most of whichare difficult to predict and generally beyond the Group's control. The Groupcautions you that forward-looking statements are not guarantees of futureperformance and that if these or other risks and uncertainties materialise, orif the assumptions underlying any of these statements prove incorrect, theGroup's actual results of operations, financial condition and liquidity and thedevelopment of the industry in which the Group operates may materially differfrom those made in, or suggested by, the forward-looking statements contained inthis document. In addition, even if the Group's results of operations, financialcondition and liquidity and the development of the industry in which the Groupoperates are consistent with the forward-looking statements contained in thisdocument, those results or developments may not be indicative of results ordevelopments in future periods. The Group does not undertake any obligation toreview or confirm analysts, expectations or estimates or to release publicly anyrevisions to any forward-looking statements to reflect events that occur orcircumstances that arise after the date of this document. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
ENRC.L