Shares of OJSC "Polyus Gold" Removed from RTS Indices
OREANDA-NEWS. June 27, 2011. On June 30, 2011 upon the end of evening clearing session ordinary shares of OJSC "Polyus Gold" will be removed from the RTS Index, RTS Standard Index and RTS Metals & Mining Index on recommendation by the Index Committee of RTS Stock Exchange.
The removal will take place due to scheduled reverse takeover implied that most of OJSC "Polyus Gold" shareholders will become holders of KazakhGold securities. It is assumed that KazakhGold will be renamed Polyus Gold International.
An extraordinary meeting of KazakhGold shareholders will take place on 14 July and OJSC "Polyus Gold" shareholders will be able to accept or decline the offer till July 18. The issuer estimates that KazakhGold will obtain 94.8% of the shares.
In accordance with the methodologies for calculating the indices new values of the adjusting coefficients will be determined.
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