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EGM preliminary results

15th Sep 2009 07:02

RNS Number : 0552Z
OJSC Polyus Gold
15 September 2009
 



OJSC Polyus Gold (RTS, MICEX and LSE - PLZL), an international company, Russia's leading gold producer, today announced preliminary results of the Extraordinary general shareholders' meeting (EGM) that was held by absentee vote on September 14, 2009. 

In accordance with the preliminary results, the following resolutions have been passed by the EGM: 

To declare interim dividend upon the results of 1st half of 2009 in the amount of RUR 6.55 per ordinary share in OJSC Polyus Gold, and to resolve that dividends shall be paid with 60 days of the date of the resolution. To set the dividend payment methods: bank and postal money transfers.
To approve a related party transaction between OJSC Polyus Gold and CJSC Polyus - acquisition by OJSC Polyus Gold of 16 (Sixteen) additional ordinary registered shares in CJSC Polyus, placed by private subscription with the nominal value of 400 (Four hundred rubles) each at the price of 200 000 000 (Two hundred million) rubles per share for the total amount of 3 200 000 000 (Three billion two hundred million) rubles.

The results of the Extraordinary general meeting will be finalized and published as stipulated for by the Federal law "On Joint-Stock Companies".

OJSC Polyus Gold is an international company, Russia's leading gold producer and one of the world's largest gold mining companies in terms of market capitalization, mineral reserves base and output. The Company's international asset portfolio includes ore and alluvial deposits in the Krasnoyarsk Territory, the Irkutsk, Magadan and Amur Regions, the Republic of Sakha (Yakutia), as well as in the Republic of Kazakhstan, Romania and Kyrgyzstan. Gold production of OJSC Polyus Gold in Russia totaled 1,222 k oz in 2008.

For further information please contact: Anton A. Arens, PR Director +7 (495) 641-3365 +7 (495) 544-5496pr@polyusgold.com 

Alexey V. Chernushkin, Director, CM and IR Evguenia V.Buydina, IR manager +7 (495) 641-3377 +7 (495) 785-4031 ir@polyusgold.com

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