Polymetal Completes Acquisition of Olcha Gold-Silver Deposit
OREANDA-NEWS. January 28, 2013. Polymetal International plc (LSE: POLY) (together with its subsidiaries, including JSC “Polymetal” – “Polymetal”, the “Company”, or the “Group”) is pleased to announce that the acquisition of 100% of Olymp Ltd has been completed, reported the press-centre of Polymetal.
Details relating to the transaction can be found in the announcement made by the Company on 11 December 2012.
The Company has issued 775,000 new ordinary shares as a consideration in respect of this acquisition on 24 January 2013. These new shares are expected to be admitted to trading on the London Stock Exchange on 25 January 2013. Following the allotment, total issued share capital of the Company will comprise 383,981,204 ordinary shares of no par value, each carrying one vote.
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